City centre retail premises
The Old Picture House, Tamworth Street, Lichfield, Staffordshire WS13 6JP
£1,000,000 10 July 2025
GUIDE PRICE AUCTION DATE
The property comprises a new ground floor commercial unit finished to a shell specification with new shop front glazing to the front and side elevations. Further benefits include sliding doors to the front, with a forecourt seating area immediately to the front of the property. The unit is deemed ideal for variety of uses, subject to obtaining the necessary consents/licences. Above the unit are 38 newly built apartments sold of on 250 year leases. Any purchaser of the Freehold would benefit from the ground rent income which produces approximately £10,000 per annum. Location The Old Picture House is a brand new mixed use development providing a brand new commercial unit together with 38 premium one and two bedroomed apartments. Being prominently located on Tamworth Street immediately adjacent to its junction with Lombard Street in the heart of Lichfield City Centre. Lichfield is a thriving Cathedral City offering a strong mix of local independent and national retail, restaurant and bar operators with notable occupiers to include Ego Mediterranean, Ask Italian, Waterstones, Costa Coffee, Fat Face and Premier Inn to name just a few. Lichfield also benefits from excellent road links via the motorway network to include M6 Toll, M6, M42 and M5 together with rail links to Birmingham City Centre on the Cross City Line and to London and Glasgow via the West Coast mainline.
Tamworth St, WS13 6JP
Sold
Guide Price
£1,000,000
Auction Date
10 Jul 2025
Time
08:30
Lot
192
Auctioneer
Bond Wolfe Auctions
Bond Wolfe Auctions
5-6 Greenfield Crescent, Edgbaston, Birmingham, B15 3BE
0121 312 1212
About Bond Wolfe Auctions

Bond Wolfe Auctions are the leading auctioneers in the Midlands’, selling more properties, having the highest success rate and raising more in sales in 2020 than any other auctioneer in the region. They are the appointed auctioneers for Birmingham City Council, West Midlands Police, Walsall Council and City of Wolverhampton Council as well as acting for a large number of major clients, including many of the other local authorities, major banks, LPA (Law of Property Act) receivers, housing associations, solicitors, estate agents and property companies.