Bromsgrove property with planning approved for flats to be auctioned

The mid-terraced, three-storey property dating from the 18th century is at 3 Worcester Road, with extra land to the rear, and it will have a guide price of £399,500 in the live-streamed Bond Wolfe auction on Thursday, February 6.

James Mattin, managing director and auctioneer at Bond Wolfe, explained that the property was currently laid out as a self-contained shop of some 842 sq ft on the ground floor, with former office accommodation of around 2,111 sq ft upstairs.

Mr Mattin 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.

“To the rear is a site with access off Paradise Road of some 0.107 acres, on which planning consent has been gained for a two-storey block of six one-bedroomed flats.

“This freehold property is located between Worcester Road and Paradise Road in Bromsgrove town centre, close to the junction with High Street, a predominantly retail area.

“This means that there are plenty of shops, bars, cafes, restaurants and other amenities available close by, together with good road and rail communications.

“Prospective buyers must undertake their own investigations with regard to the suitability of mains services and ground conditions, fully satisfying themselves on the suitability of the site for any use they may propose.”

The Bromsgrove property will be among scores of lots appearing in Bond Wolfe’s next auction which is due to start at 8.30am on Thursday, February 6.

The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet.