Lot 2 - Former Office Building, Silver Street, Chard, Somerset, TA20
South West
£100,000
Listed on 30/08/2026
Listed on 30/08/2026
The listing
Property details
Bedrooms
N/AType
PlotDescription
Lot 2 is a former office building with an adjoining hardstanding area in central Chard. The site extends to approximately 0.08 hectares (0.20 acres) and has road frontage. The existing building may be demolished to enable redevelopment, subject to the necessary consents. Offers are invited on an unconditional basis by private treaty.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
35out of 100
Grade ELow opportunity
Confidence: LOW
This is a substantial former office building with town-centre frontage and an adjoining 0.20-acre site, so the opportunity is to rethink the property and hardstanding as a larger redevelopment project rather than simply update a house. The listing also identifies demolition as a possibility, subject to the necessary consents; feasibility is not established, and the photos cannot confirm the building’s internal condition or services.
The score is 35/100 (grade E): the scale and potential are distinctive, but the project’s condition and economics are difficult to assess from the information available. Floor area is missing, so value versus local £/sqf cannot yet be judged; no renovation range is available to size the works.
Key opportunities
- Rework or potentially replace the substantial existing building, subject to the necessary consents.
- The adjoining 0.20-acre hardstanding and good road frontage give the site a distinctive footprint to explore as part of a wider redevelopment.
Key risks
- The building’s internal condition and services are unverified, and the project could involve a major programme of adaptation or demolition rather than a cosmetic refresh.
- No floor area or renovation range is available, limiting assessment of value and project economics.
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Map
Location
Lot 2 - Former Office Building, Silver Street, Chard, Somerset, TA20
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£378
Based on a loan of £75,000 over 30 years at 4.45% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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This calculation uses non-residential (land/commercial) tax rates.
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