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Freehold Vacant Former Bank with Prior Approval for 2 Flats
Address
See address
Auction date
04 Jun 2026
Guide price
£200,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Status
Ended
Description
This freehold vacant former bank presents a unique investment opportunity with prior approval for conversion into two flats. Located at the junction with Lower North Street, the property benefits from nearby amenities such as Tesco Express and Post Office. Cheddar is situated on the southern edge of the Mendip Hills, approximately 9 miles from Wells and 20 miles from Bristol, ensuring good access to major transport links.
- Freehold property
- Vacant possession
- 4 car parking spaces included
- Ground, first, and second floors available for conversion
- Total GIA approximately 2,334 sq ft
- Planning confirmed for 2 residential units
Investors may find this property beneficial for rental income once converted. The freehold status allows for full ownership without leasehold constraints, adding to its appeal for potential buyers. Overall, this property offers versatility in a desirable location.
Last update: 25 May 2026
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