Walsall property hosting vape, phones shop and flats for sale in landmark auction

A Walsall vape, phone repair and accessory shop with two flats that produces more than £25,000 annual rents is among the lots for sale in a landmark auction this month.

54 and 54A West Bromwich Street, together with 1a Windsor Street, will have a guide price of £195,000-plus in Bond Wolfe’s livestreamed auction on Thursday May 14.

Ian Tudor, commercial auction director at Bond Wolfe, said: “This two-storey property includes Vape & Tech, a self-contained shop with a retail area, stores and toilet at number 54, which brings in rent of £5,400 a year.

“54a is a self-contained ground floor flat with a bedroom, reception room, kitchen, bathroom and small garden to the front, also rented out for £5,400 a year.

“1a Windsor Street is then a larger first floor flat, with four bedrooms, a kitchen and living area, and bathroom, rented out for £14,400 a year.”

The freehold mixed use property is located at the 'V' junction of West Bromwich Street and Windsor Street, close to the University of Wolverhampton’s Walsall Campus, Walsall Rugby Club and Palfrey Park, just south of Walsall town centre.

The auction starts at 8.30am and will be livestreamed via Bond Wolfe’s website - with remote bidding by proxy, telephone or internet.

For more details or to register to bid visit https://www.bondwolfe.com/auctions/properties/, email [email protected] or call 0121 312 1212 or 01902 928510.