Summary - FLAT 4, 45-47 BROAD STREET, BROMSGROVE B61 8LL
1 bed 1 bath Commercial Property
Freehold mixed‑use parade with stable residential income and clear retail upside for investors.
Four one‑bed flats above are fully let, providing immediate residential income.
Three ground‑floor retail units currently vacant — asset management opportunity.
Prominent corner position with good street visibility and passing trade.
Rear off‑street parking increases commercial tenant appeal.
Total area approx. 4,951 sq ft on a large town‑centre plot.
Tenure unspecified — buyer to confirm legal title and liabilities.
No flood risk; excellent mobile and fast broadband connectivity.
Retail units will likely need refurbishing or marketing to secure tenants.
This freehold mixed‑use parade occupies a prominent corner on Broad Street, Sidemoor, combining four fully let one‑bed flats above three ground‑floor retail units. The residential accommodation provides an immediate, stable income stream while the vacant shops present clear asset‑management upside for rental re‑letting or conversion subject to consent.
The building extends to approximately 4,951 sq ft and benefits from good street visibility, rear off‑street parking and a sizable plot for a town‑centre property. Local demand is strong from a predominantly residential catchment, with quick road links to the A38/M5 and a mix of amenities and highly rated schools nearby — all supportive for both tenants and future purchasers.
Key negatives are straightforward: all three retail units are currently vacant, so near‑term rental income from commercial space is nil until re‑let; the ownership tenure is unspecified; and the retail units will require active management (letting, modest refurbishment or reconfiguration) to realise value. There are no indicated flood risks and communications (mobile and broadband) are strong.
For investors seeking a mixed‑use holding with immediate residential income and defined commercial upside, this property offers a practical, city‑edge opportunity. The asset suits buyers prepared to invest time and modest capital to re‑activate the ground‑floor units and increase total returns.
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