Block of flats for sale

East Street, Warminster BA12

**For Sale By Online Auction * Pre Auction Offers Considered**

A fantastic opportunity for investors or developers, this mixed-use property on East Street in Warminster offers excellent flexibility and strong potential for multiple income streams.

The first floor of the building comprises two self-contained residential flats - one two-bedroom and one one-bedroom - both with allocated parking.

On the ground floor, the property includes a separate commercial/social unit, currently arranged as two office spaces. This unit presents strong potential for continued commercial use, conversion, or further development (subject to the necessary consents). Additionally, there are separate toilet facilities at the rear, which could easily be repurposed into a useful office, storage space, or ancillary area depending on requirements.

This is a rare opportunity to acquire a mixed-use building with clear potential for residential and commercial rental income, development, or owner occupation.

Property location
Warminster offers a wide range of shopping and leisure facilities to include library, sports centre, swimming pool, schools, churches, doctors' and dentists' surgeries, hospital and post office. Warminster also benefits from a main line railway station to London Waterloo whilst the nearby A303 provides excellent road links to London to the east and Exeter to the west. Local attractions include Longleat House and Safari Park, Shearwater Lake, Stourhead and Salisbury Plain.

For your information
Martin & Co Westbury haven't tested any of the appliances listed in these details, or asked for warranty or service certificates, unless stated - they're on an 'as seen' basis. You should only use floor plans and measurements as a general guide to room layout and design, as they're not exact. Potential buyers are advised to recheck the measurements before completion. Money Laundering Regulations: Purchasers will be asked to produce identification and proof of residency documentation, once an offer has been agreed, we need to hold this on file before solicitors can be instructed.

This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3.6% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £5,940 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. Please remember that the reservation fees are payable in addition to the sale price. Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the 'legal pack', if you choose to bid on the property, you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.