A Grade II-listed property near Bromsgrove town centre which is up for auction could potentially provide ten apartments.
The mid-terraced three-storey property, which dates back to the 18th century, is on the Worcester Road.
The building, which has extra land at the back, is currently laid out as a self-contained shop with former office accommodation upstairs.
Planning consent is already in place for ten residential apartments for the property which will have a guide price of £399,500 when it is auctioned by Bond Wolfe on February 6.
James Mattin, Bond Wolfe’s managing director and auctioneer, said: “This is a substantial residential and commercial development opportunity in premises that were formerly occupied by a Ladbrokes betting shop on the ground floor.
“The shop is now vacant, and the offices on the floors above have been stripped to allow for conversion to three two-bedroomed flats and a one-bedroomed flat.”
At the back, with access to Paradise Road, there is 0.107acres of land which has planning consent for a two-storey block of six one-bedroomed flats.
Mr Mattin added the freehold property, located between Worcester Road and Paradise Road, was close to the High Street, giving access to plenty of shops, bars, cafes, restaurants and other amenities. Being near to the town centre also means it is close to public transport links with the bus station in walking distance and the railway centre a mile-and-a-half away.
Prospective buyers must undertake their own investigations with regard to the suitability of mains services and ground conditions to satisfy themselves that the property in land suits their plans.
The auction, which starts at 8.30am on February 6, will be live-streamed on Bond Wolfe’s website with remote bidding by proxy, phone or online.
Visit bondwolfe.com/auctions/properties/ or email [email protected] for more.
Alternatively, call 0121 312 1212 or 01902 928 510 for further information.
