Retail premises for sale in Unit 1, 43 South Street, Dorchester, Dorset DT1

£450,000 (£205.31/sq. ft)
Interested in this property? Call +44 1202 035973 * or Request Details

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Retail premises for sale 204 sq. m*
Tenure: Leasehold Service charge: Not available Time remaining on lease: Not available Council tax band: Not available Ground rent: Not available

Property features

  • 203 sq m ( 2200 sq ft) over two floors
  • Spacious bar/restaurant with high ceiling
  • Affluent County Town
  • Low commencing rent

Property description

Description

Dorchester is the county town of Dorset located 8 miles north of Weymouth and 20 miles west of Poole. The property is situated in the prime pedestrianised section of South street with return frontage to New Street and close to pay & display car parks.

M & Co are located adjacent to the premises and many additional major name retailers will be found along South Street.

These character Grade II Listed premises formerly housed a café bar business and comprise a spacious ground floor which has been partitioned to provide a large restaurant/bar space with food preparation room and accessible WC.
A good sized basement provides male and female customer WC's + staff WC, kitchen, food prep and storage .

Accommodation


Ground Floor 1,160 sq ft 107.76 sq m
Basement 1,032 sq ft 95.87 sq m
Total Internal Area 2,192 sq ft 203.63 sq m

Planning


Interested parties are advised to make their own enquiries of the Local Authority for confirmation.

EPC Text


Asset Rating - C65

Rating


Rateable Value £19,000
Source The 2021/2022 small business multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.

Terms


To let


The premises are available by way of a new full repairing and insuring lease for a term to be agreed at a rent of £30,000 exclusive of rates VAT (if applicable) and all other outgoings in year 1, then rising by 10% per annum for each of the first 5 years when there will be provision for review.


For sale


Alternatively the premises are available for sale. They are held on the residue of a 999 year lease from 25 December 2006 at a current ground rent of £100 per annum.
Offers are invited in the region of £450,000

Service Charge:
A service charge levied to cover communal costs. We are advised that this is currently £483 per quarter.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Primmer Olds BAS, BH21 on +44 1202 035973 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Primmer Olds BAS, and do not constitute property particulars. Please contact Primmer Olds BAS 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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