LOCATION
The Oak Tree is located in a predominantly retail/commercial area but there are residential streets nearby. Walsall rail station is approximately 0.18 miles south of the site.
PROPERTY
2 storey detached part rendered/part brick building with various single storey extensions to the rear.
FURTHER INFORMATION
Vacant possession
Development potential (STPP)
Approx gross site area: 10,645 sq.ft*
Approx ground floor foot plate: 2,198 sq.ft*
Rateable Value: £6,800
Unconditional offers invited for our clients unencumbered interest
The property represents excellent value for continued licensed use / owner occupation. There is also potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents.
The existing use class of the property is A4 'Drinking Establishments'. Planning consent is not required to change the current use to A1 (shops), A2 (financial and professional services) or A3 (restaurants and cafes).
Please note that VAT may be applicable in this matter.
* All measurements approximate as measured from Promap.
Whilist supplied in good faith, purchasers must satisfy themselves as to the accuracy.
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