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High Street, Shropshire WV16 Plot for sale
High Street, Bridgnorth, Shropshire
£275,000
High Street, Bridgnorth, Shropshire
£275,000
Our Summary
- 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
- 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
- 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
- Significant potential subject to consent
Description
This rare opportunity presents a prominently positioned freehold building on Bridgnorth's bustling High Street, offering a unique blend of current income and future development potential. The Grade II Listed property spans four floors, with the ground floor currently comprising two retail units, one of which is sold off on a 999-year lease and the other occupied by a tenant until 2025. The upper floors, previously used as office space, are currently vacant and could be converted into residential flats or other uses, subject to obtaining necessary planning permissions and listed building consent. The property also features a loft space that could be converted into further accommodation, making it an attractive proposition for investors, developers, or owner-occupiers seeking a strategic foothold in the town centre. With its strong High Street frontage and vibrant commercial location, this property offers a fantastic opportunity to secure a versatile and well-located asset with potential for enhancement through redevelopment.