Property Details - 8 - 12 High Street, Street, Somerset

Photo of 8 - 12 High Street, Street, Somerset

Sold for £121,500

MAP

Lot 1

This property is situated just off the A39 in the pretty village of Street that lies to the south west of Glastonbury. The village has much character and is close to the River Blue. Bus services connect to Bristol and Wells. The property is a terraced building comprising of a newsagents and five flats. Two of the flats and the newsagents have been sold off on long leaseholds whilst three of the flats are retained and are let out on assured shorthold tenancies at £600 pcm, £550 pcm, and £340pcm respectively, thus producing an overall income of £17,880 per annum. The lot is being sold with the benefit of this income. We understand that the property also has a rear garden.

ACCOMMODATION

8 High Street: arranged as 2 x 1 bedroom flats, 8b and 8c, generating £1,150pcm in total
10 High Street: Shop and flat 10a - both sold off on long leases for 999 years from 2005. 10b is a studio flat on 2nd floor generating £340 pcm
12 High Street: Shop and flat 12a above - both sold off on long leases for 999 years from 2005.

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

Mendip District Council 0300 303 8588
All Flats Council Tax Band A

VIEWING TIMES

By appointment through the Auctioneers, subject to Government Covid 19 Guidelines

Map

Viewing Times Scales icon

Legal Packs Brochure icon

Brochure Bidding Registration Make an Enquiry Envelope icon

Enquiry Form

Price Information

*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) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

Buyers Premium of £600 inclusive of VAT
Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
Stamp Duty - rates easily available on-line
Your solicitor fees and any survey fees
Insurance - it is your responsibility from the date of exchange to insure the property purchased.

8 - 12 High Street, Street, Somerset

MAP