Property photos
Auction
Freehold
Guide price
£275,000
Office for sale
26 The Strand, Bromsgrove B61Local area information
Property location
Nearby amenities
- North Bromsgrove High School 0.2 miles
- Parkside Middle School 0.2 miles
- Bromsgrove 1.1 miles
- Barnt Green 3.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Bromsgrove to find out more about the local area.
Features and description
- Freehold
- Freehold Subject to the existing tenancies.
For Sale By Public Auction on 10 July starting at 08:30 am - A freehold office and residential investment opportunity
Current gross income: £23,500 pa.
26 The Strand is a beautiful and well-maintained Grade II listed end of terrace property. It has plenty of period charm, including exposed beams, whilst it incorporates modern lighting, fire and alarm systems.
The property can currently be accessed direct from The Strand or via the gated rear car park which provides ample parking for the building.
The property currently comprises of three separate units and tenancies. The ground and first floor units have an established E use class making it ideally suited for all commercial, business and service uses. The second floor, which has its own dedicated entrance, has recently been converted back to a one-bedroom flat.
There could be an opportunity to convert some more of the commercial space into residential dwellings subject to planning (STP).
Location
Bromsgrove is situated approximately 30 miles to the southwest of Birmingham, 14 miles to the north of Worcester with the neighbouring towns of Droitwich and Redditch both being within a 5 mile radius.
Bromsgrove has extremely good road communication links with the Bromsgrove A38 eastern bypass giving direct access to junctions 1 of the M42 motorway (1.5 miles distance) and junction 4 of the M5 motorway (3 miles distance). The town has a main line railway station in Aston Fields with regular services to Birmingham and Worcester Stations.
The Strand is situated approximately 100 yards off the northern end of Bromsgrove main High Street.
Tenure
Freehold Subject to the existing tenancies.
Value Added Tax
We understand VAT is not applicable on this transaction.
Service Charge
There is currently a service charge being charged to the above Tenancies (full details in legal pack).
Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.Viewing Times
Strictly by appointment with the Auctioneers.
Tenancy Details
The part ground floor unit is let on a five year lease which expires on 5 February 2029. The passing rent is currently £7,200 per annum. There is a rent review at the end of year 2.
The part ground and first floor unit is let on a five year lease which expires on 16 February 2028. The passing rent is currently £8,500 per annum. There is a rent review and tenant break on the third anniversary (17 Feb 2026).
The second floor unit is let on an six month AST which expires on 18 May 2025. The passing rent is currently £7,800 per annum.
Total Passing Rent: £23,500 per annum.
Live-streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.
Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer's gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.
Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe's website.
Current gross income: £23,500 pa.
26 The Strand is a beautiful and well-maintained Grade II listed end of terrace property. It has plenty of period charm, including exposed beams, whilst it incorporates modern lighting, fire and alarm systems.
The property can currently be accessed direct from The Strand or via the gated rear car park which provides ample parking for the building.
The property currently comprises of three separate units and tenancies. The ground and first floor units have an established E use class making it ideally suited for all commercial, business and service uses. The second floor, which has its own dedicated entrance, has recently been converted back to a one-bedroom flat.
There could be an opportunity to convert some more of the commercial space into residential dwellings subject to planning (STP).
Location
Bromsgrove is situated approximately 30 miles to the southwest of Birmingham, 14 miles to the north of Worcester with the neighbouring towns of Droitwich and Redditch both being within a 5 mile radius.
Bromsgrove has extremely good road communication links with the Bromsgrove A38 eastern bypass giving direct access to junctions 1 of the M42 motorway (1.5 miles distance) and junction 4 of the M5 motorway (3 miles distance). The town has a main line railway station in Aston Fields with regular services to Birmingham and Worcester Stations.
The Strand is situated approximately 100 yards off the northern end of Bromsgrove main High Street.
Tenure
Freehold Subject to the existing tenancies.
Value Added Tax
We understand VAT is not applicable on this transaction.
Service Charge
There is currently a service charge being charged to the above Tenancies (full details in legal pack).
Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.Viewing Times
Strictly by appointment with the Auctioneers.
Tenancy Details
The part ground floor unit is let on a five year lease which expires on 5 February 2029. The passing rent is currently £7,200 per annum. There is a rent review at the end of year 2.
The part ground and first floor unit is let on a five year lease which expires on 16 February 2028. The passing rent is currently £8,500 per annum. There is a rent review and tenant break on the third anniversary (17 Feb 2026).
The second floor unit is let on an six month AST which expires on 18 May 2025. The passing rent is currently £7,800 per annum.
Total Passing Rent: £23,500 per annum.
Live-streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.
Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer's gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.
Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. The legal packs and further information about buying at auction are available on the Bond Wolfe's website.
More information
Listed by
Bond Wolfe Auctions
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Property descriptions and related information displayed on this page are marketing materials provided by - Bond Wolfe Auctions. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bond Wolfe Auctions for full details and further information.