1 room flat of 334m² in Walsall

Location The retail units are located in the Victorian Arcade - in the heart of Walsall town centre - with entrances from Digbeth, Bradford Street and Lower Hall Lane. The units are surrounded by high footfall thanks to close proximity to the bus station, taxi ranks and car parks. The properties are located close to numerous national operators, including Lloyds Bank, Primark, Sports Direct. Further, the newly developed St Matthews Quarter is situated opposite Primark, and has created increased footfall at the southern end of the town centre. Description The property comprises an established gym premises, extending to approximately 7,600 sq. ft. (706.31 sq m). There are a variety of separate workout areas including an aerobics area, body building zone, boxing ring, sauna facilities, tanning bed station and staff/ancillary areas.We are advised that the existing equipment will be included in the lease and further information can be provided upon request. Lease terms The property is available by way of a new full, repairing and insuring lease for a term to be agreed, at a quoting rent of £39,000 per annum.VATWe have been advised that the property is not elected for VAT.EPCAvailable upon request. Legal costs Each party are to responsible for their own legal costs that may be incurred in this transaction. Anti-money laundering In accordance with money laundering regulations, two forms of identity and confirmation of the source of funding will be required from the successful tenant. Additional information Prime retail in Walsall is focused along Park Street which is the principal pedestrianised high street and home to multiple national retailers including M&S, Boots, Deichmann, Sports Direct, New Look and Primark. There are two shopping centres within the town centre; The Saddlers Centre and Old Square Shopping Centre. The Saddlers Centre, which was acquired by Walsall Council in August 2017, is a covered scheme totallingsq. ft. and is arranged over two floors and anchored by Marks & Spencer and TJ Hughes. Old Square Shopping Centre is anchored by Debenhams and comprisessq. ft. of retail accommodation. Following some significant redevelopment, a new44,000sq. ft. Primark opened in 2015.