Guide price

£675,000

Retail premises for sale
Street, Walsall, West Midlands WS1

    • 1 bath

  • Freehold

Added on

Galaxy Real Estate

Logo of Galaxy Real Estate

About this property

  • Spacious

  • High Ceiling

  • Attractive Location

Galaxy Real Estate Presents an attractive freehold industrial investment offering immediate income with the flexibility of future owner occupation.

Let to Footaslyum until 2026
- Producing £65,000 per annum
- Prominent Freehold high street investment
- Opportunity for future owner occupation

Galaxy Real Estate are delighted to present this prominent freehold retail investment situated at 65 Park Street, Walsall, occupying a prime position on the town's principal retailing pitch.

The property extends to approximately 4,666 sq ft arranged over ground and first floors and is currently let in its entirety to Footasylum Ltd, one of the UK's leading fashion and sportswear retailers, producing a rental income of £65,000 per annum exclusive. The current lease expires in July 2026, presenting an attractive opportunity for investors and owner-occupiers alike.

Park Street is Walsall's established retail destination, benefiting from strong pedestrian footfall and a wide range of national occupiers including Boots, Superdrug, New Look, Waterstones, Costa, Vodafone, Clarks and tj Hughes. The property also benefits from its proximity to the Saddlers Shopping Centre, which provides over 200,000 sq ft of retail accommodation and approximately 450 car parking spaces.

The forthcoming lease expiry offers considerable flexibility. Purchasers may choose to continue the investment by securing a new tenant, benefiting from the property's prime location and proven retail demand, or alternatively take advantage of the opportunity for owner occupation following lease expiry.

Walsall is strategically located within the West Midlands, benefiting from excellent transport links to Birmingham, Wolverhampton, Coventry and the wider motorway network, serving a substantial catchment population and established retail market.

Key Features
Prime freehold retail investment
Let to Footasylum Ltd
Current income of £65,000 per annum
Lease expiry July 2026
Approx. 4,666 sq ft over ground and first floor levels
100% prime retail pitch on Park Street
Adjacent to major national retailers
Potential for owner occupation upon lease expiry
Strong re-letting prospects
Excellent town centre location

Tenure
This property is to be sold on a freehold basis.

Investment Summary
This property presents a compelling opportunity to acquire a prime high street freehold asset with secure short-term income and the flexibility of future owner occupation or re-letting potential. The combination of a prime retail location, established tenant history and forthcoming lease event makes this an attractive proposition for investors, retailers and owner-occupiers seeking a strategic town centre presence.

Zoopla tools

Stamp duty calculator

Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news

From 1st April 2025 £-

This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.

Local area information

Zoopla insights

Sign in and gain expert analysis to make informed decisions.

More information

See all recent sales in WS1

Property descriptions and related information displayed on this page are marketing materials provided by - Galaxy Real Estate. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Galaxy Real Estate for full details and further information.