A property investment firm is looking to raise £5m to redevelop a former office building in Somerset into flats.
Warrington-based Sourced Capital has launched a round to transform number 1 Tangier Central in Taunton into 55 apartments, with planning permission secured.
A representative of the company said the property, located off Castle Street in the town centre on the bank of the River Tone, has been vacant for some time following a flood, though its owners have since undertaken repair work.
