Commercial Property In Walsall
Walsall is a large industrial town situated in the West Midlands, north west of Birmingham and east of Wolverhampton.
It is sometimes referred to as part of the Black Country and it has a population of around 172,000.
Following the industrial revolution, the town saw a huge population boom as a result of the wide range of products being manufactured there, including saddles, chains and buckles and plated tableware.
The town prospered largely due to limestone quarrying, and a railway line was built there in 1847.
The town underwent a period of extensive modernisation in the 1970s, where many medieval properties were demolished.
Nowadays, extensive refurbishment continues, with many unused commercial and industrial sites being replaced with new office space, as well as modern houses and apartments.
The city is serviced by 11 bus operators over 90 bus routes and Walsall has a busy railway station with regular services to Birmingham, which is approximately ten miles away.
Walsall is well served by junctions 7, 9 and 10 of the M6, which is regarded by many as one of the busiest stretches of motorway in Europe. The A454 runs through the city and connects it to the M6.
The location of Walsall in central England has increased its appeal to investors, and the growth of the town has provided the extra supply of commercial space to meet the increased demand for these types of units to let or to sell.
Showcase provides increased marketing exposure for those stakeholders looking for units to acquire in this sector.
A business corridor has developed between Bloxwich and Walsall, where national occupiers have opened premises to take advantage of the location’s proximity to the M6. These include TK Maxx and South Staffordshire Water.
Walsall has been at the forefront of redevelopment in the West Midlands, and the town’s regeneration company has won awards for a range of planned development projects worth in excess of £1 billion.
The growth of the town to date and for the future, will provide an extra supply of commercial space to meet the increased demand for retail, industrial and office units to let or to sell.
Showcase provides increased marketing exposure for those stakeholders looking for units to acquire in the commercial sector, at what is sure to be an exciting period of positive change for the town of Walsall.
Find Commercial Space in Walsall on Showcase
Showcase is an open access website where the general public can search for commercial space free of charge.
Users can search a huge array of industrial, retail and office properties by type of unit, size, rent and price. The website is essentially a one-stop shop to find commercial space in Walsall or beyond.
An Overview of Walsall Economy
Although the town centre was remodelled in the 1960s, Walsall’s economy has been in decline for some time. The problems are stark, with high unemployment and a chronic skills shortage.
Walsall became internationally famous in the late 19th century for its leather trade, and indeed the town still manufactures the Queen’s handbags and leather goods for the Prince of Wales.
While the town has also become renowned for the manufacture of hardware, electronics and chemicals, its economic structure is still based on 19th century manufacturing, an industry which has been in drastic decline over the last two decades.
Many brownfield sites in and around Walsall are being replaced with new office developments and housing, and a modern shopping complex was opened in the 1980s.
Two major supermarket chains have established themselves in the town and, accommodating a population of over 170,000, the town is well-served by road, rail and motorway links.
The Old Square Shopping Centre is being redeveloped to connect to the St Matthews Quarter, a new development at the south end of the high street, which will include brand shops, modern apartments and a multi-storey car park.
It is anticipated that the St Matthews Quarter scheme will have a combination of high quality restaurants and bars and is likely to include a cinema, with a definite appeal to a more mature market, which will reflect the town’s increased and broad customer base.
Walsall’s ambitious regeneration plans, which include modernising the town centre, the rejuvenation of canal-side areas and derelict land, and the creation of jobs, aim to allow the city to re-emerge as a vibrant 21st century market town with a thriving economy and an attractive physical environment.
With this in mind, between now and 2015, led largely by the Walsall Regeneration Company and with the support of public and private investment, there are many exciting opportunities and initiatives for development partners or investors to take advantage of Walsall’s planned renaissance.