Flexible mixed-use building with income and conversion potential for investors.
Modernised ground floor offices about 775 sq ft with reception and three offices
A substantial Victorian multi-use town house positioned on a busy street in Bromyard, offering immediate rental income and flexible future use. The ground floor has been modernised to provide about 775 sq ft of offices/reception, with gas central heating, a cloakroom, kitchen/rest room, storeroom and a single off-street parking space. 2022 planning permission to convert retail to residential increases adaptability.
Income is already established: a one‑bed first‑floor flat is let on an assured shorthold at £600pcm, and three further one‑bed flats sit on long leases with ground rents and service/insurance contributions. Each leaseholder contributes to structural repairs as specified; the freeholder currently offers vacant possession of the ground floor but may consider letting it under separate terms.
Practical positives include mains gas, electricity, water and drainage, business rates with a modest rateable value (£4,700), excellent mobile signal and fast broadband. The property’s period brick façade and bay windows provide street presence and conversion potential for an investor seeking mixed commercial/residential income or an owner-occupier willing to repurpose space.
Buyers should note material negatives: the property sits in a higher‑crime, deprived neighbourhood with a local market described as constrained renters and a transitional community profile. Shared access applies to some flats, and the exact tenure/repair liabilities require review (full lease and repair details available on request). The plot is small and parking limited to one space, which may restrict certain uses.
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