Commercial property for sale in Broad Street, Lyme Regis DT7

Guide price £35,000
Commercial property for sale
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Property description

Leasehold Business For Sale: £35,000

Description:

The Post Office enjoys a prominent location in Lyme's principal shopping street just a short walk to the seafront and within easy access of the town centre amenities.

It occupies the main front section on the ground floor of an imposing 3-storey building with a 'Georgian' style facade part clad in dressed stone.

To the rear in the former Sorting Office is a popular cafe with a courtyard garden and sale of interesting bric-a-brac, vintage and curios - these businesses are separately owned and have their own side access in addition to useful direct footfall between them and the Post Office.

The Business:

This is a purpose built Post Office building which it is probably the longest established business in Lyme Regis. There is a strong local clientelle enhanced by the many visitors to the town (throughout the year these days). In addition to the Post Office is the sale of stationery, books and cards.

If a purchaser had an alternative use for the extensive retailing space then there is a great deal of scope (Landlord's consent would be required and it should not compete with the 2 businesses in the former Sorting Office).

The current turnover is approaching £75,000 p.a. (just below the VAT threshold).

The Lease:

We understand the Landlord would agree to a new lease at a rental of £14,950 p.a. (£1,245.83 pcm).
Plus incidental costs of water, alarm and buildings insurance currently £78.49 pcm.
The incoming tenant will be responsible for the Landlord's reasonable legal costs for the preparation of the lease.

The Accommodation:

Front door from Broad Street to

Entrance Lobby

With door to

The Shop

About 26'6 x 26'6 (8.08m x 8.08m) overall
Including Post Office counter, small offices and good sized retail area with display shelving and extensive card displays.
Door to Kitchenette with stainless steel sink and cupboards and further door to WC with hand basin.

Local Authority:

Dorset Council, South Walks House, South Walks Road, Dorchester DT1 1UZ

Rateable Value: £12,500

Note: Up to 100% rate relief may be available. Please make enquiries of Dorset Council.

Viewing:

Strictly by appointment with the vendor’s agents, Martin Diplock Estate Agents & Valuers, 36 Broad Street, Lyme Regis on .

Property info

4376 Lyme Regis Post Office.Jpg View original

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For more information about this property, please contact
Martin Diplock, DT7 on +44 1297 441051 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Martin Diplock, and do not constitute property particulars. Please contact Martin Diplock for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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