Properties

For Sale by Auction through Bond Wolfe, Birmingham

26 The Strand is a beautiful and well-maintained Grade II listed end of terrace property. It has plenty of period charm, including exposed beams, whilst it incorporates modern lighting, fire and alarm systems. The property can currently be accessed direct from The Strand or via the gated rear car park which provides ample parking for the building. The property currently comprises of three separate units and tenancies. The ground and first floor units have an established E use class making it ideally suited for all commercial, business and service uses. The second floor, which has its own dedicated entrance, has recently been converted back to a one-bedroom flat. There could be an opportunity to convert some more of the commercial space into residential dwellings subject to planning (STP).

Part Ground Floor 356 sq ft (33.09 sq m)
Part Ground Floor and First Floor 711 sq ft (66.08 sq m)
Second Floor 245 sq ft (22.80 sq m)
Total 1,312 sq ft (121.97 sq m)

The part ground floor unit is let on a five year lease which expires on 5 February 2029. The passing rent is currently £7,200 per annum. There is a rent review at the end of year 2.

The part ground and first floor unit is let on a five year lease which expires on 16th February 2028. The passing rent is currently £8,500 per annum. There is a rent review and tenant break on the third anniversary (17 Feb 2026). The second floorunit is let on a six month AST which exprires on 18th May 2025. The passing rent is currently £7,800 per annum.
Total passing rent is £23,500 per annum.

Bromsgrove is situated approximately 30 miles to the south west of Birmingham, 14 miles to the north of Worcester with the neighbouring towns of Droitwich and Redditch both being within a 5 mile radius.
Bromsgrove has extremely good road communication links with the Bromsgrove A38 eastern bypass giving direct access to junctions 1 of the M42 motorway (1.5 miles distance) and junction 4 of the M5 motorway (3 miles distance). The town has a main line railway station in Aston Fields with regular services to Birmingham and Worcester Stations. The Strand is situated approximately 100 yards off the northern end of Bromsgrove main High Street.

Viewings and enquiries via Bond Wolfe Auctioneers