High - yielding retail arcade investment in the busy town centre location of
Walsall, one of the West Midlands principal commercial destinations
The property comprises an attractive Freehold Victorian Arcade, conveniently
located on the pedestrianised pitch between the two principal shopping centres
Comprising 35, 724 sq. ft. Across 38 retail units and additionally 14
residential units
Situated opposite a new 44, 000 sq. ft.
Primark store, significantly enhancing the retail pitch at the front of the
property
The property offers the opportunity to add significant value through short
term asset management initiatives and the potential to add further residential
accommodation on upper parts subject to planning
Residential components on upper floors with total rental income of £97, 080. 00
p. a.
Total gross income of £756, 076. 64 p. a.
Projected annual profit of £624, 564. 64 p. a after staff wages, utilities,
maintenance and insurance expenses
Based on asking price of £5, 750, 000, a purchase at this level represents a net
initial yield of 12. 17% and a Triple Net initial yield of 10. 19%

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