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COMMERCIAL

Silver Street, Midsomer Norton

£600,000
Barons Property Centre Ltd, Midsomer Norton
PROPERTY TYPE

Commercial Property

SIZE

5,672 sq ft

527 sq m

Key features

  • Investment opportunity
  • Potential for residential conversion/redevelopment, subject to planning permission
  • Tenure - Freehold
  • Garages
  • Private Parking
  • Prominent town-centre location
  • Substantial property extending to over 6,300 sq ft

Description

Investment Opportunity with Residential Conversion Potential

An exciting opportunity to acquire a substantial bank building extending to over 6,300 sq ft, occupying a prominent and highly convenient position in the centre of Midsomer Norton, situated at the end of the High Street.

The property currently benefits from tenanted accommodation held on lease, providing an established commercial investment opportunity, achieving a 5% gross yield, whilst also offering considerable potential for future redevelopment or alternative use, subject to the necessary consents.

Of particular interest is the potential to convert the existing commercial accommodation into residential apartments, subject to obtaining the required planning permission and other necessary consents. The property's generous floor area and central location make this an attractive proposition for developers and investors seeking a property with scope to add value.

With its generous floor area, existing commercial use and approved residential conversion plans, this is a versatile opportunity suited to investors seeking an income producing asset, developers looking for their next project, or those wishing to explore a change of use.

Located at the end of the High Street, the property enjoys a prominent central position within Midsomer Norton, close to the town's shops, cafés, amenities and transport connections.

Further information available upon request, viewings are highly recommended.

Brochures

Silver Street, Midsomer Norton

Silver Street, Midsomer Norton

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Oldfield Park Station7.9 miles
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About Barons Property Centre Ltd, Midsomer Norton

124 High Street, Midsomer Norton, BA3 2DA
Industry affiliations:

Ideally positioned in the most prominent location on Midsomer Norton High Street is Barons Property Centre.

Barons are family run and owned with a passion for property and a reputation built over two generations.

Our friendly team of local property experts have a vast experience of helping people find their dream home in Midsomer Norton and surrounding villages.

Coupled with our sister company Greenwoods, we have an extensive reach and database to help you make your move happen.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34970896. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Barons Property Centre Ltd, Midsomer Norton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.