APRIL AUCTION £126 K ORIGINALLY POSTPONED DELAY WITH LEGAL PACK
SOLD
LOT 26
BUTSTONE HOUSE, 6 WEST STREET - 1 CHURCH STREET, BANWELL, BS29 6DA
GUIDE PRICE : £260 K +++
Banwell
PROPERTY AREA 4479.2 ft 2 /416.1 m 2
Block of flats: investment/break-up Butstone House is a commanding Freehold property (4479ft 2 ) occupying a prominent corner plot within the village and comprises 5 self contained residential units and a commercial shop. • Investment The property is sold with vacant possession but was recently fully let producing £34,200 PA . The properties would now benefit from some basic updating and there is scope to increase the rents once completed. • Unit 6 – Retail unit Planning has been granted (17/P/1266/F) to convert the existing retail unit into a self contained one bedroom flat. • Combine Units 4 & 5 to create a house There is scope (STC) to combine units 4 and 5 back into the original 3/4 bedroom house with enclosed rear garden.
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• Important Notice: Buyers must be aware that units 1,3 and 4 are currently subject to North Somerset Council Improvement orders and will require works before they can be occupied – please refer to legal pack.
SOLICITORS
contact:
Charles Flemming, Holley & Steer
charles@holleyandsteer.co.uk
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