Bond Wolfe Auctions reveal a commercial lot from their upcoming online auction next week. A prominent property in central Kidderminster will be going under the hammer as part of Bond Wolfe Auctions’ upcoming online sale next week.
Named Carlton House, the property is a mixed-use premises that comprises of eight retail units with 15 self-contained one and two-bed flats above.
Ian Tudor, Managing Director of Bond Wolfe Auctions, said: “Carlton House is one of a number of significant investment opportunities we are seeing being brought to auction.
“Interest in commercial and mixed-use investments is clearly growing, and we expect to see competitive bidding for this substantial town centre lot.
“Lots such as Carlton House attract interest not just from investors regionally but increasingly from London and the South West, confirming Bond Wolfe Auction’’ as a truly national auction business.”
Carlton House has a guide price of £1.35 million and is currently 91% let and produces annual rental income of £149,280, with an estimated full rental value of £170,000 per annum.
Bond Wolfe Auctions will offer a total of 212 lots at its auction on Wednesday 28 October, live-streamed via the www.bondwolfeauctions.com website with remote bidding by proxy, telephone and internet only.