50 & 50A High Street, Bridgnorth, Shropshire, WV16 4DX

For sale by Online Auction - 26th of August at 10:00.

Mixed use building

Description
An outstanding opportunity to acquire a substantial freehold Georgian property occupying a prominent position on Bridgnorth High Street . The ground floor commercial premises is currently let and generates £7,000 per annum, providing an immediate income stream while the upper three floors and attic remain available for redevelopment. The property is to be sold as one freehold lot, presenting the opportunity to enhance both the capital value and future income potential.

Arranged over three principal storeys together with an attic and benefitting from a later rear extension, the building offers a versatile layout that could lend itself to a variety of uses, subject to the necessary planning permissions. The existing configuration provides scope for conversion into approximately seven luxury apartments, with the potential for an additional apartment above the rear extension. Alternatively, the property could accommodate up to thirteen high-quality serviced accommodation suites, creating an excellent opportunity for Airbnb, a boutique bed and breakfast or a small hotel in this popular tourist destination.

The building retains many attractive period features, including traditional sash windows and a distinctive corbelled roofline, while a separate entrance accessed via an elegant elliptical archway provides independent access to the upper floors. The attic accommodation benefits from excellent natural light and the upper floors enjoy attractive views across Bridgnorth High Street.

Bridgnorth is one of Shropshire's most popular and historic market towns, attracting visitors throughout the year thanks to its independent shops, cafs, restaurants, heritage attractions and regular events. Its strong tourism market and vibrant town centre make the property particularly well suited to residential conversion or serviced accommodation, subject to obtaining the necessary consents.

Legal PackA legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a %+VAT buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. 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.