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18 bed business park
Lichfield Street, Walsall WS1
£799,999
Lichfield Street, Walsall WS1
£799,999
Our Summary
- The opa are pleased to present this exciting opportunity to acquire a substantial freehold property in the heart of Walsall, benefitting from prior approval for conversion into 14 self contained residential units
- 263 acres, making it an ideal asset for developers and investors looking to capitalise on the strong rental market and ongoing regeneration in the area
- This flexible space presents further income potential or alternative use options, subject to planning
- This is a rare chance to secure a freehold block with planning already in place, strong fundamentals, and scope for significant capital and rental growth
- Confirm existence and nature of any known planning or proposals for development
- Prior approval for conversion of existing use class E(g) property to form 10no
- Exceptional Conversion Opportunity – Prime Freehold Block in Central Walsall
- Former Office Block With Planning For 14 x Self Contained Apartments
- Prior Approval For Conversion of Class E(g) to Form x10
- Walsall Planning Ref: 24/1365
Description
This substantial freehold property in Walsall town centre has prior approval for conversion into 14 self-contained residential units, comprising 10 one-bedroom and 4 two-bedroom apartments, as well as a spacious ground floor commercial unit. The property benefits from a prime location, with easy access to shops, transport links, and local amenities. The approved plans offer a rare opportunity for developers and investors to capitalize on the strong rental market and ongoing regeneration in the area. The property also features a private car park, a valuable asset in this busy central location. With its flexible space, strong fundamentals, and scope for significant capital and rental growth, this is a highly attractive proposition for both end-users and buy-to-let investors.