£170,000
(£251.48/sq. ft)
Retail premises for sale23 St Albans Street, Weymouth DT4
676 sq. ft
EPC Rating: B
About this property
Ground floor shop let by way of a 10 year lease expiring November 2032
Studio flat currently let on an AST to a private individual
Three further flats which have been sold by way of long leasehold interests
The ground floor shop currently producing a rental of £9,000 per annum exclusive
Studio flat currently producing a rental of £7,920 per annum excluive
The three flats which have been sold off produced a total ground rent of £75 per annum
Freehold
Currently not elected for VAT
Estimated Rates Payable: £4488.64
▪ Attractive three storey terraced property.
▪ Commercial occupier (hair salon) located on the ground floor.
▪ Accessed via a separate entrance from St. Albans Street are four flats.
▪ Flat 1 is a studio flat currently let on an AST and well presented throughout.
▪ Flats 2,3 and 4 have been sold off by way of long leasehold interest.
Location
▪ Weymouth is an attractive seaside town in the heart of Dorset.
▪ Known for its picturesque beach it is a popular tourist destination in the summer months.
▪ The subject premises occupy a strong trading position on St. Albans Street which is characterised by its mix of local independent boutique retailers, coffee shops and restaurants.
▪ St. Albans Street adjoins the busy principle High Street of St. Thomas Street and St Mary Street where numerous multiple retailers are represented.
▪ The town hosts a number of national occupiers including M&S, Boots, Costa Coffee, Café Nero and Holland and Barratt.
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