Mixed use for sale

For sale by Livestream Auction 21st April 2026. Mixed Use consisting of Ground Floor lock up shop and First Floor residential accommodation of 1 Bed Flat and Studio Apartment. Development potential subject to planning consents.

Mixed use investment property for Auction in Midsomer Norton. Comprises Use Class E commercial unit and two flats.

Situated in the middle of Midsomer Norton High Street this is a two storey end terrace mixed use property. The ground floor comprises a shop of approximately 88 sqm / 944 sqft. The first floor, accessed by a separate entrance, provides a 1 bedroom flat and a 1 bedroom studio apartment. The current owners use the outside space as a parking space for a small car.

Potential for residential development to the rear of the ground floor, as well as potential to reconfigure the first floor to create further bedrooms subject to all necessary planning consents.

Being sold with tenant in situ - 1 Bedroom Studio Apartment generating £500pcm

Location Information • Central Position on Midsomer Norton High Street
• High footfall area and variety of amenities
• Demand for both commercial and residential lets
Accommodation Details Commercial
Use Class E commercial unit of approximately 88 sqm / 944 sqft. The accommodation is open plan with good window display and separate kitchen area and WC. Front and rear entrance. Operating as a successful Shoe Shop for over 40 years the unit will be vacant due to retirement.

Current Rateable Value £11,500.
Future Rateable Value from 1 April 2026 £12,250

Residential
Approached by a separate entrance the residential accommodation is on the first floor and consists of:
1 Bed Studio Apartment currently let at £500 pcm on an existing AST sold with tenant in situ. Scope for modernisation and conversion into 1 Bed Flat
1 Bed Flat vacant possession. Modernisation required throughout with scope to convert into 2 Bed Flat.
(Both subject to any necessary consents)
Tenure Information Freehold
Tenancy Information • Tenure status: Let subject to the existing tenancy
• Type of tenancy: Assured Shorthold Tenancy
• Current rent: £500 per calendar month.
• Rent status: Up to date
• Deposit held: none

Interested parties should refer to the legal pack for further details on the tenancy and supporting information.
Utilities • Utilities: Mains electric/water/drainage. No gas
• Heating: Electric heating – night storage heaters
• Windows: Double glazed
• Broadband: Prospective buyers should make their own enquiries.
• Mobile coverage: Prospective buyers should make their own enquiries.

The Commercial Unit and Flats are all on separate meters.
Energy Performance Certificate (EPC) Commercial Unit
EPC current rating: D 81
EPC expiry date: 18 May 2035
Ref Number:[use Contact Agent Button]-5466-1766

Studio Flat
EPC current rating: E 44
EPC expiry date: 28 Oct 2029
Ref Number:[use Contact Agent Button]-9681-2960

1 Bed Flat
EPC current rating: F 32
EPC expiry date: 7 May 2035
Ref Number:[use Contact Agent Button]-4810-1110
Council Tax Residential = A with effect from 1 April 1993
Viewing Arrangements To be announced. Please register your interest with City and Rural Property Auctions. A virtual tour is available.
Legal Pack & Due Diligence The legal pack is (or will be) available to download from our website.
It is expected to include title documentation, special conditions of sale, searches, EPC, tenancy documentation (if applicable), and any other relevant legal information.

We recommend all elements of the legal pack are reviewed by your and your conveyancer before bidding. You are deemed to bid in full knowledge of the contents of the legal pack whether you have reviewed it or not.

Your attention is drawn to the Special Conditions of Sale within the Legal Pack, which detail other charges in addition to the sale price which you may be liable for. These costs may include, but not limited to, Search Fees, reimbursement of Sellers costs and Legal Fees as well as Transfer Costs.

The Legal Pack is available to download, free of charge, via the City and Rural Property Auctions website. By registering for Legal Pack you will be kept up to date of any changes that may occur in the build up to the auction.
Bidders Registration closes on 20th April 2026 You must register to bid to take part in the auction. Registering to bid is very simple, you must visit the City and Rural Property Auctions Website and click on the register to bid button (this feature is not available on ( ... ) or ( ... )).
Step 1 – complete the online bidding form (this is the same form if you wish to do telephone or proxy bidding).
Step 2 – Complete the Buyer Details Form and upload proof of ID, Address and Funding.
Step 3 – Pay your security deposit of £6,500 (this places a hold on your debit card and no money will leave your account unless you are the successful purchaser).
Step 4 – you will receive a confirmation email you are ready to bid.

Good luck at the auction! Any outstand deposit balance must be transferred to us within 24 hours of the auction. If you are unsuccessful at the auction the hold on your debit card will be cancelled within 24 hours of the auction, although the exact date will be determined by the issuing bank.
Mortgages and Bridging Finance There is finance available for virtually every lot, whether that’s a from a high street mortgage lender or from a short-term bridging finance company. We have a team of specialist auction third party mortgage brokers and finance providers that know the ins and outs of auctions, particularly the timescales required to complete, that are on hand to help. Please contact City and Rural Property Auctions for further details. Please note we may receive introductory fees from the broker for this service.

Tenure: Freehold

EPC Rating: Commercial D Studio E

Terms:
Guide Prices & Reserves
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees
Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

Plans, Maps and Photographs
The plans, floorplans, maps, photograph’s and video tours published on our website and in the catalogue are to aid identification of the property only. The plans are not to scale and should not be relied upon.

Consumer Protection Regulations 2008
City & Rural Property Auctions endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.

Anti Money Laundering Regulations.
Intending buyers will be asked to produce identification documentation either as part of the bidder registration process of if they make an acceptable pre-auction offer, we would ask for your co-operation in order that there will be no delay in agreeing the sale.

Control of Asbestos Regulations
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. City & Rural Property Auctions have not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.