*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 - Link to Joint Auctioneers website:- https://www.bondwolfe.com/auctions/properties/251747-property-auction-bromsgrove/
Additional Photographs together with Floor Plans are available on a separate Information Sheet - to download click "Floor Plan" above.
For a copy of the Auction Brochure, click "View Brochure" above.
Viewing information - By prior appointment only, please contact us or our Joint Agent, Bond Wolfe, to register for a viewing
Misdescriptions Act: These brief particulars have been prepared as Agent for our Client and are intended as a convenient guide to supplement an inspection
or survey. Their accuracy is not guaranteed. They contain statements of opinion and in some instances we have relied on information
provided by others. You should verify the particulars on your visit to the property and the particulars do not obviate the need for a full
survey and all the appropriate enquiries. Accordingly, there should be no liability as a result of any error or omission in the particulars
or any other information given.