Property overview

St Matthew’s Quarter Car Park, George Street, Walsall WS1 1RS


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Sep 2023

Town centre investment & asset management opportunity.


2005 built multi storey car park situated in Walsall town centre.


The freehold site extends to 1.75 hectares (4.30 acres) and comprises four main

• Four level multi storey car park with c. 924 spaces. (Two floors sold on long leasehold basis to Asda)
• Asda superstore
• Residential block comprising 41 apartments
• Ground floor retail terrace of 8 units (totalling 5,875 sq ft)


The Asda superstore, residential apartments and retail parade are all sold on long leaseholds.


Levels 3 & 4 of the car park are currently managed by Euro Car Parks Ltd.


Current annual income generated from car park of £48,491 (2022 figures).


Asset management opportunities & redevelopment angles.


We are instructed to seek in excess of £350,000 (Three Hundred & Fifty Thousand Pounds) for the freehold interest.


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