Guide price
£420,000
(£120.00/sq. ft)
Retail premises for saleHigh Street, Bromsgrove B61
3,500 sq. ft
About this property
*For Sale - Mixed Commercial & Residential Part Vacant Investment Property *Rare Opportunity to acquire freehold commercial and residential part vacant investment premises in Bromsgrove *Sought after Town Centre location close to W H Smith, Boots, Costa Coffee, Lounges, Poundland, Greggs and Holland & Barrett *Grade II Listed Building - Extensively refurbished and altered in recent years to provide a large ground floor retail unit (currently vacant) with 2 self-contained 1-bedroom residential flats (both let) upon the first and second floors finished to a high standard *Shop of c.1,845 sq ft (171 sqm) has a new Shop Front, finished internally to a shell condition including Disabled and Staff WC's, with services to a point *Development potential - Further void areas at first and second floors presenting an opportunity for conversion into several residential units, subject to the usual consents *Extensive rear yard and car park providing space for 16 cars, most of whom let on Licence Agreements
Total current gross rental income including car parking spaces of £15,720pa *Estimated full rental value of c. £60,000pa *Guide Price: £420,000+ (plus fees) *VAT not applicable *For Sale by Auction on 11th July unless sold prior
Total current gross rental income including car parking spaces of £15,720pa *Estimated full rental value of c. £60,000pa *Guide Price: £420,000+ (plus fees) *VAT not applicable *For Sale by Auction on 11th July unless sold prior