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71-75 Park Street Park Street, Walsall, WS1 1NW

£ 275,000 pa
71-75 PARK STREET, WALSALL, Walsall - Picture 1
Use Class

Use Class

E(a)

Rent pa

Rent pa

£275,000

FREEHOLD/LEASEHOLD AVAILABLE.

The property comprises a substantial modern former department store located in a busy prime pedestrianized location on Park Street. Nearby occupiers include Poundland, Boots, Superdrug, Waterstones, Dorothy Perkins, Greggs, Foot Asylum, Wilko.

Walsall is one of the principal commercial centres within the West Midlands and is located approximately 10 miles north west of Birmingham, and 8 miles east of Wolverhampton. The town has a resident population of approximately 171,000 and also has excellent road communications being only 4 miles from the M5/M6 motorway intersection. Major multiple retailers located in the town include M&S, Debenhams, Primark.

Key Information

Viewing

Strictly by appointment via ROBERT ALSTON 07768 650446 or joint agents JACKSON CRISS - 020 7637 7100 (Adam Rawcliffe, Liam Jones)

Accommodation

The property fronts onto Marsh Street and also lends itself to flexible sub-division on either ground or first floor; with CAD drawn plans available upon request.

Areas
Sq.Ft
Sq.M
Ground Floor
17,672
1,642
First Floor
17,708
1,645

Financial

Lease Type

New Lease

Lease Term

15 year lease

Rent

Subject to contract, rental offers are invited in the region of £275000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Draft 2017 rates assessment - RV £246,000 Rates payable @49.7p = £122,262.

Service charge

2016/17 - £7,287.73

Tenure

Freehold / Leasehold

Rates

Rateable Year:
2016
Rateable Value:
£350,000.00
Rates payable:
£173,950.00
UBR:
49.7p/£

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 20/08/2021