JLL Residential

Ref No. 8029
192 - 194 High Street, Walsall, WS3 3LA

For Sale

    On behalf of the Joint LPA Receivers Simon Hunt & Alistair Wright - Retail and Residential Investment Opportunity


    Prominent High Street retail pitch with good footfall

    Two lock up shops – one occupied & one under offer

    Three self-contained flats to the first and second floors

    Current rental income - £20,864 per annum (£34,544 with new letting completed) Potential rental income if fully let - approximately £38,500 per annum Offers Invited

    The premises comprises two lock up shops at ground floor level, fronting directly on to High Street, including a well-established take away and a recently vacated unit.  The vacant unit is currently under offer at an agreed rent of £13,680 per annum.  The incoming tenant is relocating his salon business which is currently based next door.  To the upper floors there are three self-contained residential flats. Two flats share a communal entrance lobby and one is a maisonette.  All units are accessed by an external staircase to the rear of the property.  To the rear of the property is a gated yard area, which could be utilised for car parking, with access from High Street provided by an archway under the adjacent property



    Unit Accommodation
    192 High Street Retail Unit - 1,140 sq ft (105.91 sq m)
    194 High Street Retail Unit - 1,023 sq ft (95.08 sq m)
    192A High Street One bedroom apartment
    192B High Street One bedroom maisonette
    194A High Street Two bedroom duplex apartment