Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of Legal & General
Property Information
Location
Miles
9 miles north-west of Birmingham 6 miles east of Wolverhampton
Roads
A34, A454, A461, A4148, M6 (Junction 10)
Rail
Walsall Railway Station (direct to Birmingham New Street approximately 22 mins)
Air
Birmingham International Airport
Situation
The property is situated in a prime retailing position on the eastern side of the pedestrianised Park Street, opposite The Saddlers Shopping Centre in the heart of the town centre. Nearby occupiers include Marks & Spencer, Waterstones, BHS, Primark, Boots, Holland & Barrett, New Look and Sports Direct. Immediately to the rear of the property is St Paul’s Bus Station, and Walsall Railway
Station is approximately 150 metres to the west.
Tenure
Long Leasehold. Long Leasehold. Held for a term of 125 years from 11th August 1982 at a rent of £1 p.a.x.
Location
Miles
9 miles north-west of Birmingham 6 miles east of Wolverhampton
Roads
A34, A454, A461, A4148, M6 (Junction 10)
Rail
Walsall Railway Station (direct to Birmingham New Street approximately 22 mins)
Air
Birmingham International Airport
Situation
The property is situated in a prime retailing position on the eastern side of the pedestrianised Park Street, opposite The Saddlers Shopping Centre in the heart of the town centre. Nearby occupiers include Marks & Spencer, Waterstones, BHS, Primark, Boots, Holland & Barrett, New Look and Sports Direct. Immediately to the rear of the property is St Paul’s Bus Station, and Walsall Railway
Station is approximately 150 metres to the west.
Tenure
Long Leasehold. Long Leasehold. Held for a term of 125 years from 11th August 1982 at a rent of £1 p.a.x.
Description
The property forms part of a larger building and comprises ground floor retail accommodation with ancillary accommodation in the basement.
Six Week Completion (subject to landlord's consent to assign)
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property forms part of a larger building and comprises ground floor retail accommodation with ancillary accommodation in the basement.
Six Week Completion (subject to landlord's consent to assign)
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x.
Reversion
Ground Basement
Retail Ancillary
58.81 sq m 46.87 sq m
633 sq ft) (505 sq ft)
TUI UK RETAIL LIMITED (t/a Thomson) (1)
1 year from 01/01/2015 on a full repairing and insuring lease