Commercial Property

TOWN CENTRE RETAIL INVESTMENT PROPERTY

PROPERTY OVERVIEW:
A fantastic opportunity to acquire a modern, self-contained retail investment property in the heart of Walsall town centre, that was producing a rental income of £9,000 per annum. With an Energy Performance Rating of B, this property offers exceptional efficiency and convenience for investors.

Auctioneer Comments - This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Front Retail Space - 5.48m x 9.03m (17'11" x 29'7") - Bright and spacious with a fully glazed powder-coated shop frontage, creating an inviting retail environment.
Equipped with roller shutter security grills, ensuring maximum safety.
Open-plan layout offering versatility for various retail uses.
Fitted with modern industrial lighting and whitewashed walls, providing a contemporary finish.

Kitchenette Area - 4.37m x 2.25m (14'4" x 7'4") - Compact but practical kitchenette with storage units, a sink, and a stylish feature wall with tropical-themed wallpaper.
Ideal for staff refreshments and breaks.

Wc Area - Separate accessible WC with grab rails and a modern washbasin.
Conveniently located at the rear of the property.

This modern retail investment opportunity offers a fantastic combination of location, convenience, and secure income, long leasehold tenure, and proximity to key transport links, this property is an ideal addition to any investor's portfolio.

Don't miss out on this prime opportunity!