1 High Street, Bromsgrove
For Sale - £300,000 Offers Over
1 High Street, Bromsgrove, B61 8QU
Floor Area (Max)
1,744 SqFt ( 162 SqM )
The property, likely early 17th century, is a Grade II building comprising of three floors of office accommodation; the property is generally in modern order internally and consists of a mixture of cellular office space / meeting rooms and open plan areas too. There is also a car park to the rear of the premises with parking for approximately 6 cars.
Critically, the Property forms part of the larger occupancy for MFG in Bromsgrove and is linked to the adjoining property (4 St John Street), which we understand is owned by the original partners of MFG Solicitors and is occupied by MFG Solicitors LLP.
The Property fronts onto High Street in the heart of Bromsgrove Town Centre. The Property sits within a well-established shopping parade. Occupiers in the vicinity include a range of local independents and national/regional operators such as Waitrose, Wetherspoons, WH Smith, Allan Morris Estate Agents and Betfred.
Bromsgrove is an affluent town within Worcestershire and is approximately 16 miles northeast of Worcester and 13 miles southwest of Birmingham City centre and as at 2021 had a population of approximately 100,000.
The accommodation comprises of reception, meeting rooms and offices split as follows:-
Ground Floor - 758 sq ft
First Floor - 777 sq ft
Second Floor - 209 sq ft
Total: 1,744 sq ft
Please contact the agent for information regarding the business rates for this premises.
We are instructed to invite offers in the region of £375,000 which represents a Net Initial Yield of 6.28% after allowing for standard purchasers costs.
Harvey Pearson 01384 374 888 email@example.com
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T: 01384 374888