A building that currently hosts an estate agent and a law firm in north Worcestershire town is appearing in Bond Wolfe’s next auction on Thursday 18 May.
The three-storey, freehold lot is in a much sought-after location at 12 Church Green East in Redditch and will have a guide price of £460,000-plus at the livestreamed auction.
The commercial property, which extends to a total area of 3,244 sq ft, has a current gross income of £46,200 a year.
Estate agents AP Morgan are paying £30,000 for the ground and part of the first floor, and Chapter Law solicitors are paying £16,200 for the main part of the first and the second floor, both on renewed three-year leases.
James Mattin, managing director of Bond Wolfe, said: “This property occupies a prominent business location within the attractive Church Green Conservation Area in the heart of Redditch town centre.
“There is a dual front access directly from Church Green East and a commanding shop front to the ground floor unit.
“The property overlooks St Stephen’s Church across a wide paved and pedestrianised area to the front, with several car parks close by and the bus and railway stations just a short walking distance away.
“Close neighbours include Lloyds and NatWest banks, with the Kingfisher Shopping Centre, council offices, library and colleges all nearby.”
12 Church Green East is a joint instruction for Bond Wolfe, in partnership with GJS Dillon.
The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet.
