Description
An interesting investment opportunity with four bedsits and a commercial unit currently occupied by a popular barbers shop. Convenient location in the centre of Warminster. For sale by Public Auction and via Livestream on Friday 28 February 2025 at 2pm at Digby Hall, Hound Street, Sherborne, Dorset DT9 3AA and via Livestream. Register to bid in the room, online, by telephone or by proxy via our website.
Auction - For sale by Public Auction and via Livestream on Friday 28 February 2025 at 2pm at Digby Hall, Hound Street, Sherborne, Dorset DT9 3AA and via Livestream. Register to bid in the room, online, by telephone or by proxy via our website.
The Property - An interesting opportunity to acquire 4 one bedroom studio flats and a commercial space. Three of the studio flats require modernisation, offering a living/kitchen space, shower/bathrooms and a bedroom space. The ground floor flat has been lovingly updated by the current tenant. Situated on the ground floor the shop is currently occupied by a successful barbers shop, it has the retail space, a storage area and WC.
Situation - Ideally situated at the heart of Warminster, the town offers a range of supermarkets, national high street chain and local boutique shopping, leisure facilities including a sports centre and swimming pool and a hospital. The town is well located for access to the A303, with a train station providing services to Salisbury which in turn provides access to London Waterloo.
Agents Notes - As at 13/12/24: Ultrafast broadband available, mobile signal likely inside and outsidee by main providers. Source Ofcom. Surface Water flooding is likely in the area - source https://check-long-term-flood-risk.service.gov.uk/risk#
For sale on behalf of Joint LPA Recievers
Tenancies - The property is part occupied, with Flat B currently vacant. It is understood the property currently produces a rent of £19,800 p.a based on occupied units. Copies of tenancy agreements are available in the legal pack.
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Services - Due to the nature of the sale we are unable to confirm which services are provided, and purchasers are to make their own investigations, however, it is assumed that mains gas, electric, drainage and water are all connected.
Local Authority - Wiltshire Council
Flats 15A-D Council Tax Band A
Rateable Value of Shop £3,600
Solicitors - Squire Patton Boggs LLP
Birmingham B3 2JR
0121 222 3000
jenny.cooper@squirepb.com
