A vacant shop in Redditch town centre is set to go under the hammer next week. 

The freehold retail unit has the potential for residential development, subject to planning permission, and is located at 5 Evesham Walk. 

The property has a guide price of £275,000+ and will go up for sale in the live-streamed Bond Wolfe auction on Thursday, July 11. 

Ian Tudor, commercial auction director of Bond Wolfe, said: "The upper floors of this property are considered suitable for residential conversion subject to planning permission. 

"5 Evesham Walk occupies a prime position close to the Kingfisher Shopping Centre in this charming and popular market town. 

"As a result, we expect considerable interest from developers and investors from both across the UK and overseas when it comes up for sale at our live-streamed auction."

The property is an attractive three-storey and mid-terraced property with a ground floor retail unit extending to 1,150 sq ft and basement storage of 640 sq ft. 

There is also a self-contained accommodation on the first and second floors accessed from the rear which measures 1,250 sq ft. 

This could offer the potential for residential conversion subject to planning consent. 

The majority of the premises are freehold with a small portion of the rear ground floor being long leasehold. 

The property fronts the pedestrianised Evesham Street which links Market Place to the Kingfisher Shopping Centre. 

The premises are next to Deniz Hair and other brands nearby include the West Bromwich Building Society, Café Nero, Halifax Building Society and Santander. 

The Redditch property is among 194 lots that are appearing in Bond Wolfe's next auction, which will start at 8.30am on Thursday, July 11. 

If you have a property you are considering selling visit www.bondwolfe.com/free-property-appraisal/ 

Alternatively, you can email auctions@bondwolfe.com or call 0121 312 1212 or 01902 928 510.