Bridge Street, Walsall

LOCATION:  The property is situated on the northern side of Bridge Street, opposite

Tameway Plaza,Walsall, approximately three hundred and fifty metres from the

pedestrianised retailing centre of the town.

DESCRIPTION:   The property comprises a mixed use investment property consisting of two lock-up shops on the ground floor with three self-contained flats over.

ACCOMMODATION:

GROUND FLOOR:

Number 77 - trading as “My Pillar Limited” - Net Internal Floor Area approximately 612 sq.ft. (56.85 sq.m.).

Number 79 - shop - Net Internal Floor Area approximately 726 sq.ft. (67.44 sq.m.) including kitchen.

Communal entrance hall off Bridge Street leading to:-

FIRST FLOOR:

Flat 77a - Living room, kitchen, one bedroom, bathroom/w.c.

Flat 77b - Living room/kitchen, one bedroom and bathroom/w.c.

Flat 77c - Living room/kitchen, two bedrooms and bathroom/w.c.

SERVICES: Mains electricity, water and drainage are connected to the property.  No tests have been applied to any of the services or appliances.

TENANCIES: Number 77 is let by way of a five year lease from 1st July 2019 at £6,240 per annum.  Number 79 is presently vacant and is being marketed To Let at £150 per week/£7,800 per annum.  The three flats, 77a - c, are let by way of Assured Shorthold Tenancies at rents of £475 per calendar month/£5,700 per annum, £400 per calendar month/£4,800 per annum and £545 per calendar month/£6,540 per annum respectively.

The total rental income from the property is presently £23,280 per annum, which will increase to circa £31,000 per annum when number 79 is let.

TENURE:  Believed Freehold.

ENERGY PERFORMANCE CERTIFICATES:  Number 77 - 52 - C.  Number 79 - Currently awaited. Flat Number 77a - 64 - D.  Number 77b - 70 - C.  Number  77c - 71 - C.  A copy of the EPCs will be available for inspection at the agent’s offices.

VIEWINGS:    Contact Fraser Wood Commercial on .

Please note that all parties viewing the property do so at their own risk and neither the vendor nor the agent accept any responsibility or liability as a result of any such viewings.