THE freehold of a Somerset bank and office investment which formed the backdrop of the 2007 movie Hot Fuzz is to be sold at auction with a guide price of £525,000-£535,000.

Market Place, in Wells, formed part of the location, which was transformed into Sandford, the fictional village in the blockbuster.

It is where Sergeant Angel (Simon Pegg) meets Danny (Nick Frost) for the first time – after he reverses his car into the real fountain, and where they regularly patrol in the film.

The film, directed by local man Edgar Wright, went on to international acclaim and achieved cult status.

The property, 5 Market Place, is majority let to Santander UK Plc on new five-year lease (no breaks) and is part let to a solicitors.

It produces a current annual rent of £39,300.

Peter Mayo, of Acuitus, said: “5 Market Place is well-located on the northern side of Market Place, at its junction with Sadler Street.

"It is a VAT-free investment which may benefit from future redevelopment for a variety of uses, subject to consents.”

Somerset County Gazette: The property is going to auction

Nearby occupiers to the property include Barclays, HSBC, Natwest, Boots the Chemist, Costa Coffee, and variety of specialist traders.

The auction takes place on Wednesday, June 16, and will be broadcast online from Acuitus.co.uk.

Interested buyers can submit bids by telephone, online or by submit a bid by proxy.

Somerset County Gazette: The property is going to auction