Unit 1, Bridgeman Street, Walsall WS2 9PG
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Toolstation trade counter investment opportunity located on edge of Walsall town centre with main road frontage to Bridgeman Street.
Other occupiers in the vicinity include Denmans, Euro Car Parts & Toolbase.
Trade counter unit totalling 5,480 sq ft, fully refurbished in 2015.
There are 8 car spaces to the front of the unit accessed directly off Bridgeman Street.
Let to Toolstation Ltd.
2026 lease renewal on a new 10 year term from 7 January 2026, tenant break option at end of Year 6.
Rent of £43,840 per annum.
5 yearly open market review.
We are instructed to seek offers in excess of £575,000 (Five Hundred & Seventy Five Thousand Pounds) subject to contract and exclusive of VAT.
A purchase at this price would reflect a net initial yield of 7.25%, assuming costs of purchase of 5.04%.
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