Initial price	£67,000
25/06/25	£61,000
Price Change	-8.96%

This mixed-use property in Fore Bondgate, a historic street with good foot traffic, is an ideal investment opportunity. The ground floor is occupied by a long-term tenant selling clothes, while the first and second floors are a two-bedroom flat let on an assured shorthold tenancy, generating a combined rent of £8,300 per annum. The property is freehold, with a council tax band of A and a rateable value of £3,300 per annum for the shop. The area has seen investment in recent years and is set to benefit from further improvements with the redevelopment of the market place by the Auckland Project, which will convert empty buildings into a large hotel. The property is being sold by online auction, with a 10% deposit required upon completion, and the buyer will have 28 days to complete the purchase after exchange.