Tenants include Easy Living Mobility, a substantial buffet restaurant and a steakhouse
Site area of approx. 0.18 Ha (0.45 Acres)
On site parking for approx. 25 cars
Total commercial floor area of 1,763.77 sq m (18,555)
Nearby occupiers include PureGym, Starbucks, Tesco Extra, Aldi, JD Sports, Argos, Nando's, Burger King and Premier Inn
Lot 16
Auction 18th September 2025
Rent £112,200 per Annum Exclusive
Status Withdrawn Prior
Price
Sector Retail, Restaurant, Development
Auction Venue Live Streamed Auction
Property Information
Location
Miles
7 miles north west of Birmingham City Centre, 6 miles east of Wolverhampton,
Roads
A4148, M6
Rail
Walsall Railway Station
Air
Birmingham International Airport
Situation
The property is prominently situated in a corner position at the junction of Green Lane, Townsend Street and Shaw Street being a highly busy retailing location immediately adjacent to Crown Wharf Shopping Park, and walking distance to Saddlers Shopping Centre and Walsall Railway Station. Nearby occupiers include PureGym, Starbucks, Tesco Extra, Aldi, JD Sports, Argos, Nando's, Burger King and Premier Inn
Tenure
Freehold.
Location
Miles
7 miles north west of Birmingham City Centre, 6 miles east of Wolverhampton,
Roads
A4148, M6
Rail
Walsall Railway Station
Air
Birmingham International Airport
Situation
The property is prominently situated in a corner position at the junction of Green Lane, Townsend Street and Shaw Street being a highly busy retailing location immediately adjacent to Crown Wharf Shopping Park, and walking distance to Saddlers Shopping Centre and Walsall Railway Station. Nearby occupiers include PureGym, Starbucks, Tesco Extra, Aldi, JD Sports, Argos, Nando's, Burger King and Premier Inn
Tenure
Freehold.
Description
The property comprises a site of 0.18 Ha (0.45 Acres), upon which sit two separate substantial restaurants, and a further retail unit/warehouse. There is customer parking for approximately 25 cars on the site.
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 comprises a site of 0.18 Ha (0.45 Acres), upon which sit two separate substantial restaurants, and a further retail unit/warehouse. There is customer parking for approximately 25 cars on the site.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
Unit 1-2
Ground Lower Ground First Second Third
Restaurant Storage Kitchen Ancillary Ancillary
576.90 196.45 398.35 201.44 15.43
(6,209) (2,114) (4,287) (2,168) (166)
INDIVIDUALS t/a Dine and Wine International Buffet
18 years from 27/03/2019 until 26/03/2037 (2)
£68,000
5 yearly
Unit 3
Ground First
Warehouse/Office Ancillary
261.84 42.40
(2,818) (456)
ELM RETAIL LIMITED t/a Easy Living Mobility (1)
5 years from 01/06/2025
£30,000
01/06/2028
Unit 6
Ground First
Restaurant Restaurant
47.76 23.20
(514) (249)
INDIVIDUAL t/a Kabels Steakhouse
5 years from 01/06/2025
£14,200
01/06/2028
Total
1,763.77
(18,555)
£112,200
(1) Easy Living Mobility was established in 2001 and provide a range of mobility products, they operate from 11 stores and 2 superstores, the subject property being one of their superstores (www.store.easylivingmobility.co.uk). (2) Unit 1 and Unit 2 Seymour House is let on 2 separate leases, each for a term of years until 26/03/2037. The first lease has a rent of £23,000 pa, the second lease has a rent of £45,000 pa. The tenant chose not to exercise their break options in 2024. N.B. The floor areas stated above for Unit 3 and Unit 6 are those published by the Valuation Office Agency (www.voa.gov.uk). The Floor areas stated above for Unit 1 and Unit 2 are Gross Internal Areas.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
