TypeRetail Investments · Ground Rents
WS2 Marsh Lane, Waterside Place Crown Lofts & One Gallery Square, Walsall
TenureFor sale
Specification
- Building size
- Building size 0.37 acres
- Land size
- Land size 0.37 acres
- Property type
- Property type Retail Investments · Ground Rents
- Tenure
- Tenure For sale
Description
Mixed Use Town Centre Investment Opportunity
Attractive mixed use investment opportunity consisting of 62 residential ground rented properties and associated retail and leisure.
Residential ground leases held for 104 years unexpired with 25-year rent review pattern with ground rents doubling on 01 July 2027 and every twentyfive years thereafter.
Commercial Income of £43,500 pa split between Unit 1 £18,500 pa and Unit 2 at £25,000 pa.
Location
Walsall, located within the Black Country is the social, civic and economic centre for Walsall Borough. Situated in the heart of the West Midlands, the town lies just 10 miles from Birmingham to the south and 7 miles from Wolverhampton to the west.
Amenities
Ground Rents, plus
Retail Income £43,500 pa

