6-8 Church Street, Bromsgrove, B61 8DD

FOR SALE BY AUCTION ON 15TH SEPTEMBER 2022 - Freehold fully let investment property in Bromsgrove

Property details

Type Investment, Office, Retail
Tenure Freehold – Subject to the existing tenancies.
Price Guide price - £225,000+
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Features
  • Prominent position
  • Comprises a parade of two ground floor shops and part ground and first floor offices
  • Currently producing £23,500 p.a.
  • Guide price - £225,000+
Location
The property occupies a prominent trading position along Church Street which feeds directly off the main High Street in Bromsgrove Town Centre. Bromsgrove is a prosperous and busy Worcestershire market town situated approximately 15 miles south west of Birmingham and 14 miles to the north east of Worcester. The town has excellent road communications being situated 2 miles from junction 1 of the M42 motorway and junction 4 of the M5 motorway. Bromsgrove’s railway station has recently been upgraded to provide a new interchange and provides fast and frequent trains to Birmingham New Street, Worcester, Hereford and Cheltenham.
Description

The property comprises a parade of two ground floor shops and a further part ground and first floor office in a prominent town centre location. The combined properties extend to 1,323 sq. ft. ( 122.95 sq m) or thereabouts and are all fully let. Each unit comprises of self-contained commercial office or retail space with further staff and ancillary accommodation.

Price
Guide Price - £225,000+
Tenancy
Tenancy Profile :
Macintyre Charity - registered charity (number 250840) providing Registered Care and Supported Living support for adults with learning disabilities. ( www.macintyrecharity.org)
K Bassam Jewellers – Family owned and run Jewellers trading since 1991. Operating from three locations at Stourbridge, Bromsgrove & Kidderminster.
Nhance Beauty – Aesthetics, permanent makeup and beauty specialists.
VAT
We are advised that VAT is not applicable on this transaction.
EPC
Rating : E.