Summary - Flat 2, 45-46, Load Street DY12 2AP
1 bed 1 bath Retail Property (high street)
Prominent Grade II listed double-fronted high-street investment with short lease term — cash buyers preferred.
Prominent double-fronted retail frontage on busy approach to Bewdley town centre
Freehold sale includes two flats above; ground rent £50 pa per flat (total £100)
Let to micro-bar at £1,000 pcm on a 5-year FRI lease expiring Sept 2030
EPCs: Unit 45 C60, Unit 46 D77
Grade II listed — listed status restricts alterations and can raise costs
Only five years left on lease — mortgage lenders likely to refuse lending
Electric room heaters (no central heating) and triple glazing present
Higher local crime recorded; small rear yard and limited plot size
A prominent double-fronted retail unit on Load Street, Bewdley, presented as a freehold investment with immediate income. The ground-floor shops occupy a highly visible corner near St Anne’s Church and main traffic approaches; the current tenant is an established micro-bar on a full repairing and insuring lease at £1,000 pcm until September 2030. The combined ground-floor layout is bright and spacious with an easily divisible façade if separate units are preferred.
The freehold sale includes the two flats above, each held on 99-year leases that commenced in 2005, and the freeholder receives ground rent from both flats (£50 pa each). Both shops qualify for Small Business Rate Relief and have mains services connected. EPCs are C60 (No.45) and D77 (No.46). The property is Grade II listed and retains period character in a Georgian red-brick façade.
Important considerations: the commercial lease has only five years remaining, which will deter many mortgage lenders and reduce financing options for some buyers. Listed status imposes restrictions on alterations and could increase refurbishment costs. The building uses electric room heaters rather than a central heating system, and the location records higher local crime levels than average. These facts make the lot best suited to a cash buyer, a local investor comfortable with listed buildings, or an owner-occupier who can accept the financing limitations.
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