New homes and a community centre could result from a housing association’s sale of a large office building near Walsall town centre.
Accord Housing has sold its premises at 18 Caldmore Green, Caldmore village, as part of plans to relocate staff under one roof at its new offices on Ward Street, Walsall.
Commercial property agents Bond Wolfe, who handled the sale, said that the buyer, a local property investor, was now considering various development ideas.
These included using part of the two-storey building as a community centre, and converting the rest into residential flats.
James Mattin, managing partner at Bond Wolfe, said: “This is a substantial property that attracted interest from a variety of end users. Freehold properties of this nature, offering flexibility, are very popular in the current market.”
The 8,200 sq ft property is based on the main Caldmore high street and currently has onsite parking with CCTV cameras, a passenger lift and disabled access.
The present layout includes a main reception area, a mixture of individual and open plan offices, meeting rooms, a boardroom, kitchen, staff room, shower facilities and toilets.
The property, which has roller shutters, gas central heating and air conditioning, includes a rear car park with around 30 parking spaces.
Caldmore is a largely residential area with a high street of mainly independent traders.
BQ’s commercial property updates are supported by specialist lender Together, which provides funding to businesses and property investors nationwide. With over forty years’ experience in the financial services industry, Together offers short-term finance, auction finance, buy-to-let, residential and commercial mortgages and secured loans.
For more information visit www.togethermoney.com
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