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2 bed business park
Worcester Road, Bromsgrove B61
£525,000
Worcester Road, Bromsgrove B61
£525,000
Our Summary
- One flat is tenanted, producing £500 pcm (£6,000 pa) net rent, while the second flat is currently vacant, offering immediate potential for rental uplift
- • One flat vacant providing an excellent opportunity for improvement or new tenancy
Description
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Here is a summary of the property description in a single paragraph:
The property is a freehold mixed-use commercial and residential investment located on Worcester Road, Bromsgrove, comprising a modern restaurant on the ground floor and two self-contained one-bedroom flats above. The restaurant is fully tenanted with approximately 10 years remaining on the lease, generating £27,000 per annum in net rent, while the two flats are occupied by one tenant and one vacant, offering potential for rental uplift. The property offers a strong, diversified income stream with a current total net rental income of £33,000 per annum. The location is prime, with excellent visibility and transport links, making it a desirable spot for both commercial and residential tenants.