This substantial Grade II listed property represents a noteworthy investment opportunity, offering approximately 4,315 sqft (400.9 sqm) of space distributed over three floors and a basement. The ground floor features an expansive open-plan retail area that spans three levels, accessible via two entrances from the High Street and includes basement cold stores at the front. The upper floors currently serve as ancillary storage but have significant potential for conversion into residential units, pending planning approval. A large plot of land at the rear enhances the development potential, providing views over Bridgnorth Low Town and opportunities for further use or development.
Currently, the property is fully leased to three tenants generating an annual income of £67,397, which covers utility and occupational costs paid by the landlord. All tenancy agreements are set to expire on April 30, 2027, making this an ideal prospect for future redevelopment or restructuring.
Situated prominently on the main High Street amid various national chains and local businesses like Boots Pharmacy and Holland & Barrett, this property benefits from high foot traffic and proximity to public parking areas. Bridgnorth serves as a vibrant market town with strong tourism appeal, located roughly 20 miles southeast of Shrewsbury along the A458.
