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High Street, Shropshire WV16 Plot for sale
High Street, Bridgnorth, Shropshire
£275,000
High Street, Bridgnorth, Shropshire
£275,000
Our Summary
- This substantial and characterful property extends over four floors and presents an excellent prospect for investors and developers alike, with the benefit of both current income and future development potential
- Subject to obtaining the necessary planning permissions and listed building consent (where applicable), the upper parts could be sensitively converted into a number of residential flats or other types of accommodation
- The generous floor space and configuration of the building lend themselves well to such conversion, offering the potential to add significant value
- This is a fantastic opportunity to secure a versatile and well-located property with a blend of secure income and scope for enhancement through redevelopment
- Significant potential subject to consent
Description
This rare opportunity presents a prominently positioned freehold building on Bridgnorth's bustling High Street, offering a blend of current income and future development potential. The Grade II Listed property spans four floors, with the ground floor featuring two separate retail units, one of which has already been sold on a 999-year lease. The second unit is occupied by a tenant until 2025, providing immediate income. The upper floors, currently vacant, offer scope for conversion into residential flats or other uses, subject to planning permissions and listed building consent. The property also features a loft space that could be converted into further accommodation. With its strong High Street frontage and vibrant commercial location, this versatile property presents a compelling proposition for investors, developers, or owner-occupiers seeking a strategic foothold in the town centre.