Hollis Morgan · 21 Oct 2026 · in 2 days
Freehold former bank
High Street, Melksham, SN12 6JS · South West
LiveMixed-useFreeholdLet
- Guide
- £425,000
- Rent a year
- £27,000
- Yield on the guide
- 6.4%
- Payback
- 16 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- D
- Size
- 5,913 sq ft£4.57 rent per sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
D as stated in the lot details. Check the certificate in the legal pack. Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Hollis Morgan's record
Hollis Morgan's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold mixed use lot in Melksham. Producing £27,000 a year, a 6.4% gross yield at the guide.
FREEHOLD FORMER BANK. RESIDENTIAL DEVELOPMENT | PLANNING GRANTED. 7 X FLATS | SCOPE FOR EXTRA UNITS For sale by live online auction: ADDRESS | Former Lloyds Bank, 1, High Street Melksham, Wiltshire, SN12 6JS Lot Number: 48 The Live Online Auction is on Wednesday 21st October 2026 @ 12:00 Noon Registration Deadline is on Friday 16th October 2026 @ 16:00 The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can choose to bid by telephone, proxy or via your computer. Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID” The property: An imposing Freehold building ( Former Bank premises | Not Listed ) located in the heart of Melksham with accommodation ( 5913 Sq Ft ) arranged primarily over 2 floors plus a large basement area and 5 off street parking spaces on Place Road. Tenure - Freehold Use Class - E Rateable Value - £27,000 pa EPC - D FLOORPLANS | MEASUREMENTS Please note that the software used to calculate the measurements of a property only capture the Net Internal Area (NIA) not the Gross Internal Area (GIA) so the room sizes may appear smaller on the floorplan. Please refer to the EPC…
Figures come from Hollis Morgan's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.