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86 Bradford Street , Walsall WS1 1NU

£35,000 Per Annum

About this property

DESCRIPTION
The property comprises a highly prominent mid terrace two storey retail premises, totalling 1,991 square feet over ground and first floors. The ground floor comprises a retail shop (last occupied as a newsagents) with ancillary accommodation to the first floor.

LOCATION
The property is situated in the prime retail centre of Walsall town centre . Bradford Street sits directly adjacent to the Saddlers Shopping Centre and footfall along Bradford Street is further increased by the bus station, taxi rank and car park. The property is located close to numerous
national operators, including Lloyds Bank, Primark, Sports
Direct and sits in between Paddy Power and Toni & Guy hair salon. Further, the newly developed St Matthews Quarter is situated opposite Primark, and has created increased footfall at the southern end of the town centre.

BUSINESS RATES
We have been advised that the current rating assessment
is: Rateable value : £42,250
We recommend that interested parties should make their own enquiries with the local authority.

LEASE TERMS
The property is available by way of a new full repairing and
insuring lease on terms to be agreed. The quoting rent is
£35,000 per annum exclusive.

SERVICE CHARGE
The tenants will be responsible for a service charge and
buildings insurance contribution towards the cost of services
provided by the landlord.

VAT
We are advised that VAT is payable on rent & service charge
at the prevailing rate. Prospective tenants should verify this
before proceeding .

MONEY LAUNDERING
In accordance with money laundering regulations,
two forms of identity and confirmation of the
source of funding will be required from the
successful tenant.

RETAILING IN WALSALL
Walsall serves an extensive primary retail catchment areas
and the town benefits from a strong retail offer 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 M&S,
Boots, Deichmann, Sports Direct, New Look and Primark. There are two 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 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.

Key Features

  • Situated in prime retail location.
  • Close to numerous national retailers.
  • Total area—1,991 sq ft.
  • Ground Floor—1,042 sq ft.
  • Flexible lease terms.

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