Guide price
£700,000
(£95.06/sq. ft)
Property for saleThe Esplanade, Weymouth DT4
7,364 sq. ft
About this property
For sale by Auction on 19th June 2026
An excellent investment and residential re-development opportunity
A commercial asset generating £45,000 per annum
Potential for up to 5 more flats STPP
Located on the iconic Weymouth seafront, part of the Jurassic Coast World Heritage Site
Gross internal area of 7364 SqFt
The Property
The property is a Grade II listed historical building.
The ground and lower ground floors are currently occupied by Sambo, Rodizio Bar and Grill, which is a bar and restaurant offering approximately 90 covers. The space features a purpose built unit which the tenants have added a mix of tables, chairs, and bench-style seating, along with a bar servery . The commercial kitchen is fully equipped with a six-burner range and oven, charcoal grill, high-capacity extraction system, Rational oven, deep fat fryers, sinks, dishwasher, chiller, and two counter chillers. There is also a separate pot wash room housing an ice machine, along with a disabled-access cloakroom. The basement level includes ladies and gents cloakrooms, a cellar, and additional storage rooms.
The upper floors of the building are currently in need of renovation and present excellent potential for redevelopment, subject to the necessary planning permissions. Options may include conversion into residential apartments or a boutique hotel.
The top floor has already been converted into a spacious two-bedroom apartment, featuring an open-plan kitchen/living area, two bedrooms, a bathroom, and an en-suite.
Income generation from Commercial unit - £45,000pa and residential flat - approx £14,400pa with further scope
Location
Located on Weymouth's busy and vibrant seafront, the property is situated in a terrace of bars and cafes with flats above. The town centre, harbour and beach facilities are nearby, as well as the Pavilion theatre, all within a short walk. Weymouth is a popular holiday destination on the Jurassic Coast and has a mainline train station with an hourly service to London Waterloo. The property is adjacent to Bacaro.
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Services
Mains Gas, Water, Drainage and Electricity.
Local Authority
Dorset Council Tel: Business Rates rv: £58,500
Council Tax- Band B
Solicitors
Porter Dodson BA20 1DY
Tel:
Mortgage calculator
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