2 bed flat for sale

Long Street, Sherborne, Dorset DT9

Situated in the heart of the sought-after market town of Sherborne, this attractive mixed-use investment opportunity is offered for sale with tenants in situ, providing an immediate income stream. The current owner has advised they are receiving £9777.60 per annum for the commercial premises and £675 per calendar month for the two bedroom apartment.

The ground floor comprises a well-presented commercial premises currently occupied by a successful lettings business. The space features a generous open-plan office that makes up the majority of the accommodation, complemented by a private enclosed office to the rear and a convenient WC.

Above, and accessed via its own private entrance at the rear of the building, is a spacious two-storey apartment. The accommodation boasts a large open-plan kitchen/diner and living room, a bathroom, and stairs leading to the upper floor where there are two sizeable double bedrooms.

Both the commercial unit and residential apartment are currently let, with tenants remaining in occupation, making this an excellent turnkey investment in a prime town-centre location.

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.