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Business park
Market Place- Mixed Use Investment, Willenhall, WV13
£320,000
Market Place- Mixed Use Investment, Willenhall, WV13
£320,000
Our Summary
- The OPA are pleased to present an opportunity to acquire this mixed use investment opportunity comprising of retail shop to ground floor, unit to rear and two x one bedroom flats to first and second floors
- We are advised there is scope for rental increase
- This is a superb opportunity for investors seeking a diverse and secure income stream from both commercial and residential tenancies, with the added benefit of potential to increase rental income over time
- Huge Scope For Rental Increase
- Potential For Further Development (STP)
- Sold Fully Tenanted With Scope For Rental Increase
Description
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Here is a summary of the property description in a single paragraph:
The property is a mixed-use investment opportunity located in Walsall town centre, comprising a retail shop on the ground floor, a unit to the rear, and two one-bedroom flats on the first and second floors. The property is fully tenanted and generates a monthly income of £2,750, equivalent to £33,000 per annum. The retail shop is let on a 5-year lease, while the flats are let on assured shorthold tenancies. The property benefits from strong transport links, with Walsall Bus Station and Railway Station nearby, and is surrounded by a mix of national retailers, independent shops, restaurants, and service providers. The area is undergoing regeneration, and the property offers a diverse and secure income stream with potential for rental increases over time.