Bond Wolfe completes sale of West Bromwich retail property with residential potential for £242,000
Bond Wolfe has completed the sale of a prominently positioned retail property with residential conversion potential in the heart of the Black Country, securing a final sale price of £242,000.
The freehold premises at 9-9a Carters Green, West Bromwich, which had previously been occupied by an estate agency, was acquired by a private investor following strong interest in the opportunity.
The two-storey mid-parade property, located on a bustling high street, offered significant potential for the creation of a self-contained flat on the first floor, subject to the necessary planning consents.
James Mattin, Managing Director and Auctioneer at Bond Wolfe, said:
“This was a well-positioned, traditional high street asset offering both immediate commercial utility and longer-term development potential.
The strong interest we received underlines the continued appetite for well-located mixed-use properties, especially those offering scope for residential conversion.”
Comprising 566 sq ft of ground floor retail space – including a prominent shop frontage and staff WC – the property also features a first floor of 336 sq ft, configured as two large rooms, a kitchen, and a bathroom. Rear access via John Street includes vehicular access and dedicated parking, with external stairs leading to the upper floor.
The property sits among well-established national and independent occupiers, with nearby businesses including Aldi, Lidl, Big Johns and the Post Office – all contributing to strong footfall in the area.
Carters Green continues from West Bromwich High Street, situated just off the Albion Roundabout on the Black Country New Road. The site benefits from excellent transport links, lying approximately five miles west of Birmingham and a mile from J1 of the M5, connecting to the M6 and M42 for regional and national access.
Solomons Solicitors in Solihull acted on behalf of the buyer, while the vendor was represented by Kundert Solicitors in Coventry.
The successful sale of 9-9a Carters Green is the latest in a series of commercial transactions completed by Bond Wolfe across the West Midlands, as demand continues to grow for town centre retail premises with redevelopment potential.