Retail for Rent

Retail property To Let 

LOCATION:  The property is situated on the eastern side of Darwall Street, close to its junction with Leicester Street, within one hundred metres of Walsall Bus Station and approximately two hundred metres from Park Street, traditionally regarded as the prime retail pitch of Walsall town centre.  Junction 10 of the M6 Motorway lies approximately one and half miles to the west, thereby providing access to the Midlands and National Motorway Networks.  

DESCRIPTION: The property comprises an attractive, three storey retail premises, presently occupied as a Hairdressing and Training Academy, briefly consisting of the following:-  

ACCOMMODATION:  On The Ground Floor:  Front Retail Area having recessed entrance with security buzzer entry system and fitted suspended acoustic tile ceiling.  Net Internal Floor Area approximately 794 sq.ft. (73.76 sq.m.).

Understairs Storage Area: approximately 47 sq.ft. (4.36 sq.m.).  Rear Kitchen approximately 44 sq.ft. (4.08 sq.m.) and toilet.

FIRST FLOOR:  Landing.  Reception with stud partitioned meeting room and office off.  Net Internal First Floor Area Approximately 767 sq.ft. (71.25 sq.m.) plus Rear Store Approximately 44 sq.ft. (4.08 sq.m.).

SECOND FLOOR:  Landing.  Lobby/Seating Area. Locker Area with Toilets off.  Three Partitioned Offices.  Net Internal Second Floor Area Approximately 657 sq.ft. (61.03 sq.m.) plus Rear Store Approximately 44sq.ft. (4.08 sq.m.).

SERVICES:  Mains electricity, water and drainage are connected to the property.  The ground and first floor accommodation has a variety of wall mounted electric heaters and air conditioning units, while the second floor has wall mounted electric fan heaters.  No tests have been applied to any of the services or appliances. 

RATING DATA: (information obtained from the Valuation Office Agency Web Site):

 Rateable Value: £14,750

Description: Shop and premises

 ENERGY PERFORMANCE CERTIFICATE:  The property has a rating of 93 falling with Band D.  A copy of the EPC will be available for inspection at the agent’s offices or on their web site.

TERMS:  The property is available to rent by way of an assignment of the existing five year full repairing and insuring lease from 18th November, 2021 to Hipster Group Limited at a current rent of £19,500 per annum exclusive.  The Tenant has a Break Option at the third anniversary of the commencement of the term. Alternatively, consideration may be given to the granting of a new lease for a longer term.

VIEWINGS:    Contact Fraser Wood Commercial on 01922 629000.

Please note that all parties viewing the property do so at their own risk and neither the vendor nor the agent accept any responsibility or liability as a result of any such viewings.