The Bridge, Walsall WS1

This substantial mixed-use freehold property is located in a bustling area of Walsall Town Centre, making it an intriguing investment opportunity. The ground floor features a fully let amusement arcade, generating a steady rental income of £23,500 per year until December 2031. Additionally, there are two ground floor retail units under long leaseholds that provide a combined annual income from ground rents. However, the most notable aspect of this property lies in its upper three floors, currently vacant and accessible separately from Bradford Street. These spaces present significant redevelopment potential, with prior planning advice suggesting the viability of converting them into nine residential units of around 550-600 ft² each. Given its prime location near shops, cafés, and transport links—including Walsall Train Station just a couple of minutes away—this property holds considerable promise for both immediate rental income and future value appreciation through redevelopment. The surrounding area boasts high pedestrian traffic and easy access to major transport routes, enhancing its appeal as a mixed-use development site for investors looking to capitalize on urban housing demand.