67 High Street, Bromsgrove, Worcestershire, B61

This is a unique opportunity to acquire a freehold property that combines both commercial and residential elements in the heart of Bromsgrove. The property, a Grade II Listed Building, has seen significant renovations in recent years, offering a spacious ground floor retail unit that is currently unoccupied, alongside two self-contained one-bedroom flats on the upper floors that are already tenanted at a high standard. The retail space spans approximately 1,845 sq ft (171 sqm) and features a newly installed shop front, while the interior has been left in shell condition with plumbing and restroom facilities set up for future customization. There exists potential for further development; both upper levels showcase additional void areas ripe for conversion into more residential units, pending the necessary planning approvals. The site also boasts an expansive rear yard and parking area accommodating up to 16 vehicles, most of which are let under license agreements. Currently generating an annual gross rental income of £15,720 from the occupied flats and parking spaces, the estimated full rental value could reach around £60,000 per annum, making this property an attractive investment prospect.