67 High Street, Bromsgrove, Worcestershire, B61

This is a unique opportunity to acquire a freehold property that combines both commercial and residential elements in a prime town centre location of Bromsgrove. The Grade II Listed building has seen significant renovations over the years, resulting in a spacious ground floor retail unit of approximately 1,845 sq ft that is currently vacant and ready for a new tenant. The first and second floors host two self-contained one-bedroom flats that are already tenanted and boast high-quality finishes. Notably, there are additional void areas on the upper floors, presenting an exciting potential for conversion into multiple residential units pending necessary approvals. The property is complemented by an extensive rear yard and car park accommodating up to 16 vehicles, which are mostly let under Licence Agreements. Currently generating a gross rental income of £15,720 per annum, this site holds an estimated full rental value of around £60,000 per annum, making it an attractive investment prospect.