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1-27 Bridge Street, Walsall, WS1 1DP

About this property

DESCRIPTION
An unbroken parade of 11 retail units, totalling
over 22,000 sq. ft. The parade occupies a
prominent position within the popular town centre
which is the subject of considerable inward
Investment and regeneration, and comprises a
variety of tenants, including, Vitamin Shop UK,
1986 Pub Company Ltd. and French Connection
Baguette House.
VAT
We are advised that the properties are elected for
TENURE
Each property will be sold by way of a long
leasehold interest.
PROPOSAL
Properties are available on an individual basis (See
attached schedule for pricing). Alternatively, offers
are invited for the whole parade or multiple units.
EPC
EPC’s for the properties are available upon
request.
MONEY LAUNDERING
In accordance with Anti-Money Laundering
Regulations, two forms of identity and
confirmation of the source of funding will be
required from the successful Purchaser.

LOCATION
Walsall is the administrative centre of the
Metropolitan Borough of Walsall and is situated in the
West Midlands. The town is located 10 miles (16km)
north-west of Birmingham, 7 miles (11km) east of
Wolverhampton and 37 miles (60 km) north-east of
Worcester.
Walsall benefits from excellent communications:
The town is very well placed in relation to the
motorway network, located at the junction of the M5
& M6 motorway, which connects the M1 motorway
towards London and M74 motorway towards
Glasgow.
Walsall Railway Station is situated on Station Street in
the town centre, approximately 0.2 miles from the
subject property. The station provides a regular
service to Birmingham New Street (4 trains per hour),
with an average journey time of 23 minutes, with onward
connections to London Euston. Birmingham International
Airport is situated at junction 6 of the
M42, located within a 30 minute drive.

RETAILING IN WALSALL
Walsall serves an extensive primary retail catchment
area and the town benefits from a strong retail
offering within a relatively compact central retail
area. Prime retail is focused along Park Street which
is the principal pedestrianised high street and home
to multiple national retailers including :
There are 2 shopping centres within the town centre;
The Saddlers Centre and Old Square Shopping
Centre. The Saddlers Centre, which was acquired by
Walsall Council in August 2017, is a covered scheme
totalling 193,000 sq. ft. and is arranged over two
floors and anchored by Marks & Spencer’s and TJ
Hughes.
Old Square Shopping Centre is anchored by
Debenhams and comprises 140,000 sq. ft. of retail
accommodation. Following some significant
redevelopment, a new 44,000 sq. ft. Primark opened
in 2015.

REGENERATION
The town has undergone significant development
with a 93,560 sq. ft. retail and leisure scheme situated
towards the southern end of Park Street. The
development is the latest stage of Norgoan &
Proffitt’s (a joint venture between St. Modwen and
Goold Estates Ltd). St. Matthews Quarter
regeneration scheme which is transforming the area
into a vibrant shopping destination.
The scheme, which has just completed includes 11
retail units adjacent to the 117,000 sq. ft. in –town
ASDA food store and 1,000 space multi-storey car
park (which provides 2 hours of free parking for shoppers).
A number of retailers have committed to the
scheme with B&M Bargains and Poundland already in
occupation.
Kier Group’s Walsall Waterfront Leisure Development
completed in 2016 provides a 8 screen, 1,200 seat
‘Light’ Cinema and new restaurant units let to TGI
Fridays, Chiquito, Pizza Express, Bella Italia and
Hungry Horse.

Key Features

  • Available as a whole or separately.
  • Prominent, unbroken retail parade on the prime pedestrianised retail pitch in Walsall town centre.
  • Asking prices from £132,000.
  • 11 retail shops with upper floor round rents included.
  • Retail units ranging from 295 sq.ft—1,263 sq.ft.

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