A TOWN centre shop in Bromsgrove is set to go under the hammer, with a starting price of £250,000.
The two-storey unit at 113 High Street has the potential to be converted into housing in the future, subject to any necessary planning permission, according to auctioneers Bond Wolfe.
It was formerly the town's Burton menswear store, now used as a charity shop for Age UK.
Ian Tudor, commercial auction director at Bond Wolfe, said: “The unit extends to around 5,800 sq ft in total. It is a large, self-contained modern and fitted-out retail unit formerly occupied by Burton together with Dorothy Perkins.
“Part of the first floor was formerly used as an additional sales area and there is a dedicated ‘sales’ staircase towards the front of the ground floor retail area.
“Servicing and loading facilities are available at the rear.
“As well as its retail pedigree, the premises are felt to have future development potential including conversion of the upper areas to residential use – subject to any appropriate planning permission.”
“The property occupies a prominent, busy pedestrianised location in the heart of the shopping core of this popular and affluent market town.”
The shop is being sold freehold. It is currently used by Age UK, at nil rent. Vacant possession would be obtained by serving three months’ notice.
Mr Tudor added: “Offers may be considered prior to the auction sale.”
The Bromsgrove store is just one of 191 lots that are appearing in Bond Wolfe’s next auction, which will start at 8.30am on Wednesday, March 27.
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