£535,000
(£108.06/sq. ft)
Property for sale45 - 47, Broad Street, Catshill, Bromsgrove, Worcestershire B61
4,951 sq. ft
Just added
About this property
Mixed-use property with fully let residential income
Three vacant commercial units with opportunity to enhance income through asset management initiatives
Rear parking enhances appeal for retail tenants
Strong local demand in a residential catchment
Description
The property comprises three ground floor retail units with four one-bedroom self-contained flats above. The retail units are currently vacant, offering an opportunity to enhance income through asset management initiatives, while the flats are fully let, providing a secure residential income.
The retail units provide traditional lock-up shop accommodation with glazed frontages and flexible floor space, complemented by parking to the rear, improving their appeal to prospective tenants. The flats above are accessed separately and are well-maintained, one-bedroom apartments, fully tenanted, providing a reliable income stream.
Location
The property is located on Broad Street, Sidemoor, a well-established local retail and residential area in Bromsgrove. The parade benefits from good visibility and passing traffic, serving both local residents and surrounding communities. Bromsgrove town centre is easily accessible, with excellent road links via the A38 and the M5 motorway (Junction 4).
The property comprises three ground floor retail units with four one-bedroom self-contained flats above. The retail units are currently vacant, offering an opportunity to enhance income through asset management initiatives, while the flats are fully let, providing a secure residential income.
The retail units provide traditional lock-up shop accommodation with glazed frontages and flexible floor space, complemented by parking to the rear, improving their appeal to prospective tenants. The flats above are accessed separately and are well-maintained, one-bedroom apartments, fully tenanted, providing a reliable income stream.
Location
The property is located on Broad Street, Sidemoor, a well-established local retail and residential area in Bromsgrove. The parade benefits from good visibility and passing traffic, serving both local residents and surrounding communities. Bromsgrove town centre is easily accessible, with excellent road links via the A38 and the M5 motorway (Junction 4).
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