AN office building in Bromsgrove is expected to fetch more than £500,000 at auction on Wednesday.
Strand House, a Grade II listed office investment property, is one of a number of commercial lots in Bond Wolfe Auctions’ sale tomorrow (Wednesday, October 28).
The freehold town centre detached offices are currently occupied by law firm Thomas Horton LLP, a long term established tenant currently paying £42,000 rent per annum.
Strand House extends over three floors and has a substantial car park to the rear. It will go under the hammer with a guide price of £495,000+.
Ian Tudor, managing director of Bond Wolfe Auctions, said: “Strand House occupies a prime town centre position.
"It is positioned at the top of the High Street with supermarkets and all town amenities close by."
Strand House, at 68-70 The Strand, will be let on a renewed lease which expires in August 2025.
Bond Wolfe Auctions will offer a total of 212 lots at its auction on Wednesday 28 October, livestreamed via the www.bondwolfeauctions.com website with remote bidding by proxy, telephone and internet only.
Anyone interested in the auctions or with properties for sale in future auctions should contact enquiries@bondwolfeauctions.com or call 0121 312 1212.
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