Summary - 67, HIGH STREET B61 8AQ
1 bed 1 bath Mixed Use
Large freehold with parking and conversion potential for experienced investors.
Grade II listed Georgian mixed-use building
A rare mixed-use freehold on Bromsgrove High Street, Shakespeare House combines historic appeal with clear development upside. The Grade II listed, red-brick Georgian façade conceals an extensively refurbished upper residential element and a large ground-floor retail shell of approximately 1,845 sq ft, offering a blank canvas for a new commercial tenant or conversion (subject to consents).
Practical positives include a substantial rear yard and car park with space for around 16 vehicles — currently generating ancillary income — plus excellent mobile and fast broadband connectivity in a busy town-centre location. Two one-bedroom flats on the first and second floors are let and finished to a high standard, providing immediate income while further void areas offer potential for additional residential units, subject to the usual planning and listed-building consents.
Be clear about material constraints: Grade II listing will restrict alterations and may complicate conversions; the property will be sold at auction; the site has medium flood risk and the immediate area records higher crime levels. Current gross rental income is modest at £15,720pa versus an estimated full rental value of c. £60,000pa, signalling scope for active asset management but also indicating required investment to realise that potential.
This is an investor-focused opportunity for someone experienced with listed buildings and town-centre redevelopment. The freehold, size, parking and location make it suitable for a blended strategy of secure rental income from existing flats plus phased commercial refurbishment or additional residential conversions where permitted.
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