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74 Worcester Rd 899 SF Retail Building Bromsgrove B61 7AG $936,555 CAD ($1,041.77 CAD/SF) 6.67% Cap Rate



Investment Highlights
- Freehold mixed-use investment
- Diversified income stream
- Located on prime high street in Bromsgrove
Executive Summary
This is a freehold mixed-use investment opportunity comprising a fully let restaurant and two one-bedroom flats, positioned in a strong high-street location in Bromsgrove. The commercial unit is let with approximately 10 years remaining on the lease at £27,000 per annum, providing secure long-term income. Of the two residential units, one is tenanted at £6,000 per annum while the second is currently vacant, offering immediate asset management potential and rental uplift. The property generates a current total net income of £33,000 per annum and benefits from strong local rental demand. The sale is structured under an exclusivity agreement with a non-refundable buyer’s fee, appealing to investors seeking a secure income-producing asset with upside potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
899 SF
Building Class
C
Year Built
1940
Price
$936,555 CAD
Price Per SF
$1,041.77 CAD
Cap Rate
6.67%
NOI
$62,437 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.34
Lot Size
0.06 AC
Frontage
29’ on Worcester Road
Amenities
- Security System
- Signage
1 1
Nearby Major Retailers
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74 Worcester Rd
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