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High Street, Shropshire WV16
Plot
Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Super-fast 80Mbps *
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Features and description
- Freehold building
- Significant potential subject to consent
- Grade II Listed
- Viewing by appointment only
A rare opportunity to acquire a prominently positioned freehold building located on the bustling High Street of historic market town of Bridgnorth. This substantial and characterful property extends over four floors and presents an excellent prospect for investors and developers alike, with the benefit of both current income and future development potential.
The property is Grade II Listed. The list entry number with Historic England is 1053968.
The current permitted use is Class E, Commercial, Business & Service.
The ground floor is currently configured to provide two separate retail units. One of these units has been sold off on a 999-year lease. The second unit is occupied by a tenant on a lease that runs until the end of 2025, offering immediate income for the prospective purchaser with medium-term flexibility. The shops benefit from a strong High Street frontage, ensuring good visibility and footfall in this vibrant commercial location.
Above the retail premises, the first, second and third floors are currently vacant and were previously used as office space. These upper floors are accessed independently via a side alleyway, offering a self-contained entrance that could be ideal for alternative uses. Subject to obtaining the necessary planning permissions and listed building consent (where applicable), the upper parts could be sensitively converted into a number of residential flats or other types of accommodation. The generous floor space and configuration of the building lend themselves well to such conversion, offering the potential to add significant value.
There is also a loft spaces which appears as though it could be converted into further accommodation.
This is a fantastic opportunity to secure a versatile and well-located property with a blend of secure income and scope for enhancement through redevelopment. Bridgnorth remains a popular and thriving town with strong local demand for both retail and residential accommodation, making this a compelling proposition for investors, developers, or owner-occupiers seeking a strategic foothold in the town centre. Early viewings are recommended.
Directions
Proceed along Whitburn Street towards the High Street. At the junction, turn right on to the High Street, continue past the town hall and the property can be found on the left hand side after about 50 yards. Sat Nav - WV16 4DX
The property is Grade II Listed. The list entry number with Historic England is 1053968.
The current permitted use is Class E, Commercial, Business & Service.
The ground floor is currently configured to provide two separate retail units. One of these units has been sold off on a 999-year lease. The second unit is occupied by a tenant on a lease that runs until the end of 2025, offering immediate income for the prospective purchaser with medium-term flexibility. The shops benefit from a strong High Street frontage, ensuring good visibility and footfall in this vibrant commercial location.
Above the retail premises, the first, second and third floors are currently vacant and were previously used as office space. These upper floors are accessed independently via a side alleyway, offering a self-contained entrance that could be ideal for alternative uses. Subject to obtaining the necessary planning permissions and listed building consent (where applicable), the upper parts could be sensitively converted into a number of residential flats or other types of accommodation. The generous floor space and configuration of the building lend themselves well to such conversion, offering the potential to add significant value.
There is also a loft spaces which appears as though it could be converted into further accommodation.
This is a fantastic opportunity to secure a versatile and well-located property with a blend of secure income and scope for enhancement through redevelopment. Bridgnorth remains a popular and thriving town with strong local demand for both retail and residential accommodation, making this a compelling proposition for investors, developers, or owner-occupiers seeking a strategic foothold in the town centre. Early viewings are recommended.
Directions
Proceed along Whitburn Street towards the High Street. At the junction, turn right on to the High Street, continue past the town hall and the property can be found on the left hand side after about 50 yards. Sat Nav - WV16 4DX
Property information from this agent
About this agent
In our Land & New Homes division, we specialise in helping our customers develop and launch New Homes. Our service is unique as we have a dedicated, full-time Land Expert in the team. Whether you need support with finding land, securing planning, or marketing your development; our expert team is like no other you’ll find from our competitors. We pride ourselves on exceptional levels of service and knowledge, which results in higher sale prices and shorter property completion timescales for our developers.