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Tudor House, Bridge Street, Walsall, WS1 1EW

Offers in the Region of £850,000

About this property

DESCRIPTION
Tudor House comprises a 4 storey, mock Tudor building with a terrace of 4 ground floor retail units and 3 floors of residential accommodation above. The residential parts have been sold off on a long lease.

 

Key Features

  • Multi let retail investment opportunity.
  • Fully let producing £63,000 per annum. (£80,000 once fully let).
  • Tenants include Ladbrokes.
  • Nearby occupiers include Primark, Debenhams, Santander Bank and William Hill.
  • Adjacent to major town centre redevelopment at the Old Square Shopping Centre.
  • Guide price—£850,000, reflecting a net initial yield of 8.97% after costs of 5.56%

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