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MapGuide price
£450,00011 bedroom apartment for sale
Fore Street, Chard TA20
Auction
Apartment
11 beds
9 baths
Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Super-fast 80Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
Guide Price £450,000 * Plus 2% Buyers Premium plus VAT
For sale by unconditional online auction.
A rare opportunity to acquire a substantial freehold mixed-use investment prominently positioned on Chard's busy and well-established high street. The property is held under one freehold title and comprises nine self-contained apartments together with a ground floor commercial unit, offering multiple income streams of around £75,000pa once fully occupied from a single acquisition.
The building occupies a highly visible trading position within the town centre, benefitting from strong footfall, nearby national and independent retailers, and excellent accessibility. This location has historically proven popular with both residential tenants and commercial occupiers, underpinning long-term rental demand.
The residential element consists of nine apartments, providing diversified income and reducing void risk for investors. The ground floor commercial unit further enhances the investment profile, offering the potential for steady rental income from a high street occupier, with scope for future rental growth subject to lease terms and market conditions.
This asset will appeal to a wide range of buyers including buy-to-let investors, portfolio builders, pension funds and asset managers, seeking a centrally located block with scale, security and future upside. Opportunities may exist to improve rental performance over time, subject to condition, tenancy structure and market rent alignment.
Tenure
Freehold
UNCONDITIONAL - Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
For sale by unconditional online auction.
A rare opportunity to acquire a substantial freehold mixed-use investment prominently positioned on Chard's busy and well-established high street. The property is held under one freehold title and comprises nine self-contained apartments together with a ground floor commercial unit, offering multiple income streams of around £75,000pa once fully occupied from a single acquisition.
The building occupies a highly visible trading position within the town centre, benefitting from strong footfall, nearby national and independent retailers, and excellent accessibility. This location has historically proven popular with both residential tenants and commercial occupiers, underpinning long-term rental demand.
The residential element consists of nine apartments, providing diversified income and reducing void risk for investors. The ground floor commercial unit further enhances the investment profile, offering the potential for steady rental income from a high street occupier, with scope for future rental growth subject to lease terms and market conditions.
This asset will appeal to a wide range of buyers including buy-to-let investors, portfolio builders, pension funds and asset managers, seeking a centrally located block with scale, security and future upside. Opportunities may exist to improve rental performance over time, subject to condition, tenancy structure and market rent alignment.
Tenure
Freehold
UNCONDITIONAL - Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
About this agent
Town & Country Property Auctions - Manchester
23 - 25 Market Street,
Crewe, Cheshire
CW1 2EW
0161 937 2216Town & Country can trace their history back to the early building societies of the nineteenth century, and more latterly the Town & Country Building Society which was formed in 1974. Town & Country Estate Agents formed in 1991 gaining immediate success with a model putting customer service to the forefront. Following expansion over North Wales, North-West and Shropshire, estate agency headquarters were established in Chester City Centre in 2007. 2010 saw the establishment of Town & Country Property Auctions with expansion into the UK, Ireland and overseas in 2018. The continued growth of TCPA nationwide has facilitated a move to new prestigious premises at Regus House, Chester followed by the development of a new digital marketplace for property auctions, with the goal of providing an easy to use, transparent platform for auction buyers and sellers in the modern age.