Mixed use investment property in Walsall

A freehold town centre mixed use investment property comprising a retail unit and two well presented self contained flats above. Current rental income is £27,600 per annum rising to £29,600 per annum from April 2028. A prominent three-storey mid-terraced property comprising on the ground floor a modern hairdressing salon trading as Evanie Jon. On the first and second floor are two well-presented self-contained flats, each comprising a lounge/kitchen, bedroom, shower room, and benefiting from electric heating and double glazing. The property fronts Stafford Street near to its junction with Wisemore in Walsall town centre, close to Tesco Extra, Crown Wharf Shopping Park, and the Saddlers Shopping Centre. The property occupies a busy position with a mix of retail, office, leisure, commercial, and residential uses within the immediate vicinity. Energy Performance Rating: 257 - Retail Unit: C, 257A - Flat: D, 257B - Flat: E. Council Tax Band: 257A & 257B - A. Tenure: Freehold - subject to tenancies. Tenancy details: 257 - Ground Floor Retail Unit: let by way of a 6-year lease with effect from 25/03/2025 at a current rent of £12,000 per annum rising to £14,000 per annum from 01/04/2028. 257A - let with effect from 30/09/2025 at a current rent of £675 per calendar month (£8,100 per annum). 257B - let with effect from 31/10/2025 at a current rent of £625 per calendar month (£7,500 per annum). Copies of the lease and tenancy agreements will be available within the legal pack.