Broad Street, Bromsgrove
A freehold mixed-use investment in Bromsgrove; residential income secured, retail upside to unlock.
45–47 Broad Street is a freehold mixed-use investment property in the Sidemoor area of Bromsgrove, a well-established local retail and residential catchment, close to Bromsgrove town centre and with strong access via the A38 and Junction 4 of the M5. The property extends to approximately 4,951 sq ft and comprises three ground-floor retail units with four self-contained one-bedroom flats above.
-
Address: 45–47 Broad Street, Bromsgrove, B61 8LL
Size: Approx. 4,951 sq ft
Type: Mixed-use; three retail units (ground floor) and four one-bedroom residential flats (upper floors)
Residential: Fully let; stable income
Retail: Currently vacant; repositioning opportunity
Parking: Rear parking for retail tenants
Connectivity: A38; Junction 4 of the M5 motorway
Status: Under active asset management -
The residential element is fully let, providing a secure and stable income stream from day one. The three retail units are currently vacant; presenting an immediate opportunity to enhance overall returns through active asset management, whether through repositioning, refurbishment or targeted tenant acquisition. The retail units benefit from traditional lock-up accommodation with glazed frontages, flexible floor space and valuable rear parking, which meaningfully improves tenant appeal in a town-centre-adjacent location.
-
Broad Street is the kind of asset Asper understands well: a mixed-use freehold with secured residential income, a clear platform for retail improvement and parking that gives it an operational advantage its immediate neighbours cannot match. The combination of immediate income and identifiable upside is exactly what we look for.
-
Retail units available. Enquiries from retailers and other commercial occupiers welcome. Residential flats currently let.
