A prime run of Redditch shops is on the market with a price tag of £1.6 million.
17-43 Unicorn Hill is an unbroken, freehold, town centre retail parade investment of 16 outlets, the first time they have been for sale in 25 years.
Current rental income £176,775 a year, it goes under the hammer when property agents CPBigwood hold their next auction of 116 lots at 11 am on Thursday, September 6, in the Holte Suite at Aston Villa football ground in Birmingham.
The properties occupy a prominent position on Unicorn Hill, part of the main shopping area and adjacent to the modern Kingfisher Shopping Centre, which is among the top 10 in the country.
CP Bigwood director Ian Tudor said: “This is a major investment opportunity.
“We are talking a prime location and lots of footfall. We are expecting a great deal of interest to emerge.”
Also coming up at the auction is Systems House, 112a Alcester Road, Studley, Warwickshire, a freehold barn conversion currently used as offices. It is considered suitable for a variety of uses including residential and is on offer at £225,000-£250,000.
