Summary - 45 - 46 HIGH STREET BROSELEY TF12 5EZ
1 bed 1 bath Retail Property (high street)
Freehold retail investment with strong frontage and development potential.
Net Initial Yield 7.35% after normal purchaser costs
A prominently located high-street retail investment in Broseley, offering approximately 1,216 sq ft of open-plan retail accommodation and a full-width glazed frontage that captures strong pedestrian visibility. The property is offered freehold but is sold subject to existing occupational tenancies, producing a Net Initial Yield of 7.35% after normal purchaser costs.
This is primarily an investor opportunity: the long frontage and central position beside independent shops and nearby public car parking support steady footfall from locals and visiting heritage tourists. There is potential for alternative commercial use or redevelopment (subject to planning) given the single-storey layout and corner location.
Buyers should note material constraints: the lease was signed in November 2023 for a 20-year term, which may deter mortgage lenders and restrict some financing routes. Crime levels in the area are above average, and services were not tested at inspection, so purchasers must verify utilities and carry out their own surveys.
Overall this is a straightforward retail investment with clear income metrics and repositioning potential for an owner-occupier or investor able to buy with cash or specialist finance. Prospective buyers should review lease documentation and local planning options before proceeding.
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