Empire Estates is delighted to present this spacious, detached commercial property for sale in the heart of Walsall Town Centre.

Location

Conveniently located in Walsall Town Centre, this property is just a short walk from the Saddlers Centre and Asda St Matthews. Positioned in a well-established commercial area, it is surrounded by a mix of offices and residential properties.

Property Details

This versatile property spans three floors and comprises 12 rooms, previously used as offices. Planning approval has been granted (Application No: 20/1249) for conversion to a C3 residential dwelling, making it an attractive opportunity for buy-to-let investors. The approved proposal allows for the creation of self-contained studios and one-bedroom flats, with potential rental yields of approximately £600 per month for studios and £700 per month for one-bedroom flats in this sought-after location.

While the property requires renovation to bring it up to an occupiable standard, it can alternatively be retained for office use, as previously utilized.

Additional features include 3-phase electricity, a large rear car park with space for up to 10 cars, and a detattched garage.

This property presents a fantastic investment opportunity with flexible usage options.

SERVICES RESPONSIBILITY

It is the prospective tenant's/landlord responsibility to verify that all appliances, services, and systems are in working order, and are of an adequate capacity and suitable for their purpose.

PLANNING

It is the prospective tenant's/landlord responsibility to verify that their intended use is acceptable to the local planning authority.

BUSINESS RATES

The Business rates are paid by the Tenant/landlord

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred.

VAT

All prices quoted are exclusive of but may be subject to VAT at the prevailing rate.