Land and Buildings At Wolverhampton Street, Walsall, WS2 8DD

The total area of the site extends 3.67 acres (1.49 hectares). The gross internal area (GIA) of the office accommodation is understood to be 8,790 sq ft (816.62 sq m). The GIA of the TUI building is understood to be approximately 14,064 sq ft (1,306.59 sq m).

The retail warehouse unit is let to TUI on a lease expiring November 25th 2025 with a rent receivable of £355,551 per annum. Midcounties Co-op occupy the brick built office accommodation on two subleases from TUI.




Location Highlights



The property is located on the south side of the A454 Wolverhampton Road to the north-west of Walsall Town Centre. It is situated on the western end of the Walsall waterfront.

The property is readily accessible by road, situated just off the Wolverhampton Road that encircles Walsall Town Centre. It is just 0.9 miles from the M6 motorway giving further access to Birmingham (10 miles) as well as the wider motorway network.

Walsall Railway Station is located approximately 450m to the south-east of the site which has direct lines to Wolverhampton (27 minutes) and Birmingham International (22 minutes) which gives further access to London and Manchester stations.



Specification



We are advised the approximate measurements are as follows:
The total area of the site extends 3.67 acres (1.49 hectares).
The gross internal area (GIA) of the office accommodation is understood to be 8,790 sq ft (816.62 sq m)
The GIA of the TUI building is understood to be approximately 14,064 sq ft (1,306.59 sq ft).
The agents have relied upon third party measurements and prospective purchasers must satisfy themselves in this regard.



EPC



The brick-built office building, occupied by Midcounties Co-op, has an EPC Rating of C (66). The light retail park unit, occupied by TUI, has an EPC Rating of C (58). A full copy of the EPC and accompanying recommendations report are available on request.





Viewing



All parties wishing to inspect the property are required to make prior arrangements with Avison Young.
Avison Young request that interested parties do not attempt to gain access to the site outside of accompanied viewing inspections.


Key Features

- The total area of the site extends 3.67 acres (1.49 hectares).

- The gross internal area (GIA) of the office accommodation is understood to be 8,790 sq ft (816.62 sq m)

- The GIA of the TUI building is understood to be approximately 14,064 sq ft (1,306.59 sq ft).

- The property is located on the south side of the A454 Wolverhampton Road to the north west of Walsall town centre.

- The brick-built office building, occupied by Midcounties Co-op has an EPC Rating of C (66). The retail warehouse unit, occupied by TUI, has an EPC Rat

- The property benefits from a tarmac car park comprising 84 parking spaces.

- A total rental income of £355,551 per annum with circa. 1.8 years to expiry.


( Agency Pilot Software ref: 115610 )