• Freehold Healthcare Investment - Children’s Care Home.

• Comprises 3,240 sq ft - 7 Bedrooms plus a further 4 Rooms with ensuites & parking for 6 cars.

• Let to Bold Leap Care Limited with three Personal Guarantors.

• Passing Rent - £78,000 per annum (exclusive)

• Situated within walking distance of Walsall town centre and local amenities

• To be offered for sale via Knight Frank Auctions on 11th December 2025 (unless sold or withdrawn prior)

Property Description

The property comprises a detached three-storey property extending to approximately 302 sq m (3,240 sq ft), currently arranged as a children’s care home (Use Class C2). The property provides 7 bedrooms, the majority with en-suite facilities, plus 4 rooms on the ground floor with ensuite facilities and a kitchen. Externally, the property benefits from a garden/terrace and private off-street parking for 6 or more vehicles. The building has undergone extensive refurbished since 2021.

TENURE
Freehold

TENANCY
Let to Bold Leap Care Limited (with three personal guarantors) at £78,000 per annum (exclusive), for a term of 15 years from 2nd August 2023. Landlord & Tenant options to break in 2028 & 2033. Full repairing covenants & 50% contribution to insurance. No rent reviews.

ACCOMMODATION
Ground Floor - 142 sqm (1,523 sq ft)
First Floor - 116 sqm (1,247 sq ft)
Second Floor – 44 sqm (469 sq ft)
Total – 302 sqm (3,240 sq ft)

Arranged over three floors, comprising:
Ground - 4 rooms with ensuites & kitchen
First - 4 bedrooms with ensuites, 1 bedroom & WC
Second - 2 bedrooms & shower/ WC

EPC RATING
See Legal Pack

VAT
VAT is not applicable

Auction Details
To be offered for sale via Knight Frank Auctions on Thursday 11th December 2025, unless sold or withdrawn prior.

VIEWINGS
Due to the property’s operational use, viewings will be restricted and may be limited to external only. Please contact Lucy Plumb ([email protected]).

Location

Walsingham Street is situated close to Walsall town centre, a well-established commercial and residential hub approximately 10 miles north-west of Birmingham. The property enjoys easy access to local amenities and transport links, with Walsall train station approximately 0.7 miles away, providing regular services to Birmingham New Street (from 22 minutes) and Wolverhampton. Road connections are excellent, with the M6 (Junction 9) located approximately 1.5 miles to the west, providing access to the M5, M42, and M54 motorway networks. Nearby schools include Queen Mary’s Grammar School, Queen Mary’s High School, and Hydesville Tower School.

Occupancy

Tenanted

Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction and is being sold as on an Unconditional basis. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to the Common Auction Conditions and Extra General Conditions. Auctioneer Fees and Deposit. The following deposits and non-refundable auctioneer fees apply: • 10% deposit of the purchase price, subject to a minimum of £5,000. The deposit contributes to the purchase price. • Buyer’s Fee- is £1950 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property. The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully and take professional advice before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions’ website. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Auction Conduct Guide.