This property presents a compelling opportunity for those looking to invest in a well-located freehold building in the historic market town of Bridgnorth. Situated on the vibrant High Street, this substantial structure spans four floors and offers a blend of immediate rental income with significant potential for future redevelopment.
As a Grade II Listed property, it boasts a distinctive character and historical significance, recognized by Historic England under entry number 1053968. Currently designated for Class E use—encompassing commercial, business, and service purposes—the ground floor comprises two retail units. One unit has been secured on a long-term 999-year lease, while the other is leased to an active tenant until late 2025, providing immediate cash flow and flexibility for the future owner.
The upper three floors, previously utilized as office space, are currently vacant and accessible through a separate entrance at the side of the building. This self-contained access opens up possibilities for conversion into residential flats or alternative accommodations—subject to necessary planning permissions and listed building consent. The spacious layout and configuration lend themselves well to redevelopment efforts that could substantially enhance value.
Additionally, there are loft spaces that appear suitable for further accommodation expansion, making this an even more attractive proposition for investors or developers looking to maximize their investment.
Bridgnorth is a thriving town with robust demand for both retail and residential properties, ensuring that this location will remain desirable in the long term. This property offers not only secure income from existing leases but also substantial upside potential through strategic renovation or redevelopment efforts. Early viewings are advisable to fully appreciate the opportunities this unique property presents.
