High Yielding Retail Investment Property

The property comprises a three-storey mid-parade retail premises featuring a ground floor shop, upper floor offices and storage space, and a useful basement for additional storage. The upper floors offer potential scope for future residential conversion or alternative uses, subject to obtaining the necessary consents. The building extends to approximately 6,330 sq.ft (588.30 sq.m) in total, with breakdown areas including a 1,028 sq.ft basement, 2,135 sq.ft ground floor, 1,949 sq.ft first floor, and 1,217 sq.ft second floor. The property is let in its entirety to H & T Group Plc (trading as H & T Pawnbrokers) on a 15-year lease from 25th April 2007 to 24th April 2027 at a passing rent of £65,000 per annum, with negotiations currently ongoing for a 10-year lease renewal. H & T Group Plc is a leading UK financial services and pawnbroking business with over 290 stores nationwide. Situated in a prominent pitch at The Bridge in the heart of Walsall town centre, the property benefits from close proximity to main retail, commercial, and leisure amenities, as well as easy access to Walsall railway and bus stations providing regular transport links across the West Midlands and onward connections to Birmingham, alongside strong road links to the wider motorway network.