Car Park, Paddock Lane, Walsall, WS1 2EH

HYBRID METHOD OF SALE

For Sale by Public Online Auction on 05/01/2026 16:50

Location
The car park is situated on Paddock Lane in Walsall town centre, offering a highly accessible position for local amenities, retail, and leisure facilities. The location benefits from excellent transport connectivity, with immediate access to the A4148 ring road and close proximity to the M6 motorway, providing convenient links to Birmingham, Wolverhampton, and the wider West Midlands. Public transport options are readily available, with Walsall railway station and multiple bus routes within walking distance. The surrounding area is a mix of commercial and residential uses, making this a strategic site for parking provision or potential redevelopment opportunities.

Description
The property comprises a four-storey, concrete-framed multi-storey car park comprises seven levels in total, four on the eastern side and three on the western side. Vehicle access is provided via two entrances from Paddock Lane: the lower western entrance serves level W1 only, while the higher eastern entrance provides access to levels E1 to E3 and W2 to W3. Pedestrian access is available through two entrances located on the north and south elevations of the building.

The site is approximately 0.217 hectares (0.537 acres).



Tenure
The property is held Freehold and is unregistered.

Planning Authority
Walsall Council - go.walsall.gov.uk

No EPC required

Refer to the legal documentation

Note
Overage
The sale shall be subject to an anti-embarrassment provision, whereby if the purchaser disposes of the property within a period of ten years from the date of completion in a substantially undeveloped condition (not refurbished with less than 20% of the garages or parking spaces let) or without having secured an alternative planning consent, the vendor shall be entitled to receive 50% of any net uplift in value arising from such disposal.

Buy Back
The sale shall also be subject to a buy-back provision, granting Walsall Council the right to repurchase the property at the original sale price (excluding any planning-related uplift), indexed annually in accordance with an agreed price index, in the event that the site has not been developed in a meaningful manner or brought back into beneficial use with the building having been refurbished or 20% or more of the garages or spaces let/occupied, within three years.

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