26 The Strand, Bromsgrove, B61 8AB Mixed use for sale

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26 The Strand, Bromsgrove, B61 8AB Mixed use for sale

26 The Strand, Bromsgrove, B61 8AB
£275,000

Our Summary

  • For Sale By Public Auction on 10 July 2025 starting at 08:30 AM - A freehold office and residential investment opportunityCurrent gross income: £23,500 pa
  • There could be an opportunity to convert some more of the commercial space into residential dwellings subject to planning (STP)
  • Pre-auction OffersPlease note that offers in excess of the guide price may be considered prior to the Auction Sale
  • Live-streamed AuctionPlease note that the Auction will be livestreamed via our website
  • You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction

Description

This property, a Grade II listed end of terrace building on The Strand in Bromsgrove, is a unique investment opportunity. The property has a current gross income of £23,500 per annum and is currently divided into three separate units, with two units having established E use class for commercial, business, and service uses, and the third unit being a one-bedroom flat. The property has plenty of period charm, including exposed beams, and modern lighting, fire, and alarm systems. The property can be accessed directly from The Strand or via a gated rear car park, which provides ample parking. The property is situated in a prime location, with excellent road communication links to Birmingham, Worcester, and the surrounding areas, and is within walking distance to Bromsgrove's main High Street. The property is being sold freehold subject to the existing tenancies, and offers a great opportunity for potential buyers to increase the property's value by converting some of the commercial space into residential dwellings, subject to planning permission.