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9-11 Park St
Walsall WS1 1LY

Retail Property For Sale

Storefront Properties West Midlands Walsall 9-11 Park St, Walsall, WMD WS1 1LY

Investment Highlights

  • Prominent Town Centre location
  • Passing rent of £60,000 per annum
  • Substantial double fronted unit

Executive Summary

The property comprises a substantial three story mid parade property , extending to 9,521 sq. ft. ( 884.85 sq m). The property is let in its entirety to Luxury Lesiure for a term of 10 years from 9th June 2023. The passing rent is £60,000 per annum and there is a rent review and break clause (subject to 6 months notice and 3 months rent penalty) at the 5th anniversary.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
9,521 SF
Building Class
C
Year Built
1920
Price
$921,395
Price Per SF
$97
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Frontage
64 FT on Park Street

Amenities

  • Energy Performance Rating - D
  • Storage Space
 

  • Listing ID: 30376491

  • Date on Market: 12/15/2023

  • Last Updated:

  • Address: 9-11 Park St, Walsall WS1 1LY

The Retail Property at 9-11 Park St, Walsall, WS1 1LY is currently available for sale. Contact Bond Wolfe Agency for more information.

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