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Street, Walsall, West Midlands, WS1

Guide Price
£675,000

£144.66 per sq ft

Business rates & charges may apply

GALAXY REAL ESTATE LIMITED, Hayes
SIZE AVAILABLE

4,666 sq ft

433 sq m

SECTOR

High street retail property for sale

Key features

  • Spacious
  • High Ceiling
  • Attractive Location

Description

Galaxy Real Estate Presents an attractive freehold industrial investment offering immediate income with the flexibility of future owner occupation.

Let to Footaslyum until 2026
- Producing £65,000 per annum
- Prominent Freehold high street investment
- Opportunity for future owner occupation

Galaxy Real Estate are delighted to present this prominent freehold retail investment situated at 65 Park Street, Walsall, occupying a prime position on the town's principal retailing pitch.

The property extends to approximately 4,666 sq ft arranged over ground and first floors and is currently let in its entirety to Footasylum Ltd, one of the UK's leading fashion and sportswear retailers, producing a rental income of £65,000 per annum exclusive. The current lease expires in July 2026, presenting an attractive opportunity for investors and owner-occupiers alike.

Park Street is Walsall's established retail destination, benefiting from strong pedestrian footfall and a wide range of national occupiers including Boots, Superdrug, New Look, Waterstones, Costa, Vodafone, Clarks and TJ Hughes. The property also benefits from its proximity to the Saddlers Shopping Centre, which provides over 200,000 sq ft of retail accommodation and approximately 450 car parking spaces.

The forthcoming lease expiry offers considerable flexibility. Purchasers may choose to continue the investment by securing a new tenant, benefiting from the property's prime location and proven retail demand, or alternatively take advantage of the opportunity for owner occupation following lease expiry.

Walsall is strategically located within the West Midlands, benefiting from excellent transport links to Birmingham, Wolverhampton, Coventry and the wider motorway network, serving a substantial catchment population and established retail market.

Key Features
Prime freehold retail investment
Let to Footasylum Ltd
Current income of £65,000 per annum
Lease expiry July 2026
Approx. 4,666 sq ft over ground and first floor levels
100% prime retail pitch on Park Street
Adjacent to major national retailers
Potential for owner occupation upon lease expiry
Strong re-letting prospects
Excellent town centre location

Tenure
This property is to be sold on a freehold basis.

Investment Summary
This property presents a compelling opportunity to acquire a prime high street freehold asset with secure short-term income and the flexibility of future owner occupation or re-letting potential. The combination of a prime retail location, established tenant history and forthcoming lease event makes this an attractive proposition for investors, retailers and owner-occupiers seeking a strategic town centre presence.

Street, Walsall, West Midlands, WS1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Walsall Station0.1 miles
  • Bescot Stadium Station1.6 miles
  • Tame Bridge Parkway Station2.3 miles

About GALAXY REAL ESTATE LIMITED, Hayes

Galaxy Real Estate HQ, 1-3 Uxbridge Road Hayes UB4 0JN

Notes

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Disclaimer - Property reference 4118. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by GALAXY REAL ESTATE LIMITED, Hayes. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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