Mixed Use Investment for Auction Somerset BS23 £100,000 - £110,000

Auction date: Wed, 27/03/2024 - 19:00
Formerly a commercial unit on the ground floor and residential on first floor, this versatile property is poised for modernisation and refurbishment (subject to necessary planning permissions). The property is currently tenanted and is to be sold with the tenant in situ with a monthly passing rent of £500 for the whole property. The vendor has advised that the property has been used as commercial (children's nursery) on the ground floor and residential on the first floor for many years. The lease was originally granted for five years from 1st April 2015 so the tenant is currently overholding.