Property photos
Offers over
£500,000
(£14.29/sq. ft)
Retail premises for sale
Park Street, Walsall WS1From 35,000 - 36,000 sq. ft
Local area information
Property location
Nearby amenities
- Walsall 0.1 miles
- St Patrick's Catholic Primary School, Walsall 0.3 miles
- Birchills Church of England Community Academy 0.3 miles
- Bescot Stadium 1.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Walsall to find out more about the local area.
Features and description
- • Prominent high footfall location
- Large versatile commercial space
- • Accommodation can be split
- Price first floor offers in eccess of £ 500,000.00
- Price ground floor offers in eccess of £ 500,000.00
Location
Located within the metropolitan borough of
Walsall with a population of 286,000. The
premises is situated in a prime position on Park
Street, Walsall’s main pedestrianised retail
thoroughfare, this corner plot premises benefits
from high footfall and strong visibility. The
surrounding area comprises of a mix of national
retailers, independent businesses, leisure
operators and residential apartments making it an
attractive commercial destination. Notable nearby
operators consist of: Poundland, Superdrug and
Boots. The property is well-connected via public
transport and offers easy access to major road
networks such as the M6 and M5.
Description
A substantial c.36,000 sq ft commercial property
arranged over two floors, this former bhs
department store provides highly versatile space
suitable for a range of uses which can be split.
The ground floor is currently partially let
(approximately half of the ground floor) to multiple
small retailers on licence agreements, generating
an annual income of c. £114,000. The property
benefits from 5m eaves height on both ground
and first floors, allowing for various fit-out options.
The premises comes with 6 dedicated parking
spaces, with additional spaces available from
2026.
Tenure
The property is available on multiple bases:
1. Income-Generating Headlease: Available on a
Full Repairing and Insuring (Fri) lease for the
whole premises.
2. Leasehold Options: The unit can be split into
smaller spaces based on demand, providing
flexibility for incoming tenants.
3. Freehold Sale: The freehold is also available
for purchase, with rent and asking price available
upon application (poa).
Rent/Price
Rent/price on application (poa) – depending on use
tenure and size.
Potential Uses
The versatility of this property makes it suitable for a
variety of uses, subject to planning:
• Retail: Department store, supermarket, or discount
retailer.
• Leisure & Entertainment: Gym, bowling alley, escape
rooms, virtual reality gaming, or soft play center.
• Food & Beverage: Food hall, large restaurant, buffet, or indoor market.
• Office & Business Hub: Call center, co-working space, or corporate headquarters.
• Education & Training: College, tuition center, or
vocational training institute.
• Storage & Distribution: E-commerce fulfillment hub, self-storage facility, or trade counter.
Business Rates
Prospective tenants should make their own enquiries
with Walsall Council to determine their specific liability.
EPC
B – 45
Legal Costs
Each party is to bear their own legal and
professional costs incurred.
VAT
The property is elected for VAT and all figures
quoted are exclusive of VAT which will be payable at
the prevailing rate.
Anti Money Laundering Regulations
We will require two forms of id from the purchasers/
lessees of the property along with confirmation of the
source of funds.
Located within the metropolitan borough of
Walsall with a population of 286,000. The
premises is situated in a prime position on Park
Street, Walsall’s main pedestrianised retail
thoroughfare, this corner plot premises benefits
from high footfall and strong visibility. The
surrounding area comprises of a mix of national
retailers, independent businesses, leisure
operators and residential apartments making it an
attractive commercial destination. Notable nearby
operators consist of: Poundland, Superdrug and
Boots. The property is well-connected via public
transport and offers easy access to major road
networks such as the M6 and M5.
Description
A substantial c.36,000 sq ft commercial property
arranged over two floors, this former bhs
department store provides highly versatile space
suitable for a range of uses which can be split.
The ground floor is currently partially let
(approximately half of the ground floor) to multiple
small retailers on licence agreements, generating
an annual income of c. £114,000. The property
benefits from 5m eaves height on both ground
and first floors, allowing for various fit-out options.
The premises comes with 6 dedicated parking
spaces, with additional spaces available from
2026.
Tenure
The property is available on multiple bases:
1. Income-Generating Headlease: Available on a
Full Repairing and Insuring (Fri) lease for the
whole premises.
2. Leasehold Options: The unit can be split into
smaller spaces based on demand, providing
flexibility for incoming tenants.
3. Freehold Sale: The freehold is also available
for purchase, with rent and asking price available
upon application (poa).
Rent/Price
Rent/price on application (poa) – depending on use
tenure and size.
Potential Uses
The versatility of this property makes it suitable for a
variety of uses, subject to planning:
• Retail: Department store, supermarket, or discount
retailer.
• Leisure & Entertainment: Gym, bowling alley, escape
rooms, virtual reality gaming, or soft play center.
• Food & Beverage: Food hall, large restaurant, buffet, or indoor market.
• Office & Business Hub: Call center, co-working space, or corporate headquarters.
• Education & Training: College, tuition center, or
vocational training institute.
• Storage & Distribution: E-commerce fulfillment hub, self-storage facility, or trade counter.
Business Rates
Prospective tenants should make their own enquiries
with Walsall Council to determine their specific liability.
EPC
B – 45
Legal Costs
Each party is to bear their own legal and
professional costs incurred.
VAT
The property is elected for VAT and all figures
quoted are exclusive of VAT which will be payable at
the prevailing rate.
Anti Money Laundering Regulations
We will require two forms of id from the purchasers/
lessees of the property along with confirmation of the
source of funds.
More information
Listed by
Muriqi Developments Limited
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