Retail premises for sale in High Street, Bromsgrove B61

Guide price £420,000 (£120/sq. ft)
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Retail premises for sale

3,500 sq. ft*

Property description

*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

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Nicholas Brett & Co., B61 on +44 1527 329578 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Nicholas Brett & Co., and do not constitute property particulars. Please contact Nicholas Brett & Co. for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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