Freehold Grade II property with immediate retail income and strong redevelopment upside.
Freehold Grade II Listed building, approx. 2,482 sq ft over four floors
Ground-floor income: one tenant until end of 2025; one unit on 999-year lease
Upper floors vacant with independent access; suitable for conversion subject to consent
Conversion potential (including loft) but requires planning and Listed Building Consent
Small town-centre plot; no private garden or external space
Building needs cleaning, refurbishment and likely structural/heritage works
Area records above-average crime; viewings by appointment only
Class E commercial use currently; change of use not yet approved
A rare freehold opportunity on Bridgnorth’s main thoroughfare: a substantial Grade II Listed building extending over four floors with about 2,482 sq ft of accommodation and immediate ground-floor income. The property currently benefits from one occupied retail lease running to the end of 2025 and one long leasehold interest sold on a 999-year lease, while upper floors are vacant and accessed independently. The building is Class E (commercial) and sits in a busy town-centre location with excellent mobile signal and average broadband.
The generous internal volumes, large sash windows and attic space offer genuine scope for sensitive conversion into multiple residential flats or mixed commercial/residential use, subject to planning permission and Listed Building Consent. The layout and room sizes are favourable for reconfiguration; loft conversion appears feasible but will require formal survey and consent. There is potential to add value through refurbishment, but works must respect historic fabric.
Buyers should note material constraints: Grade II listing will impose restrictions and additional consent requirements, and no planning permission or listed building consent has been granted. One ground-floor unit is sold long leasehold (999 years) limiting full control of the ground-floor income, and the town-centre plot is small with no garden. The area records above-average crime and any conversion or refurbishment will require thorough, specialist planning and heritage advice.
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