1 bedroom Shop located at Lyme Regis - Guide Price: £122,500
Full Description:Guide Price: £122,500
A RARE OPPORTUNITY TO ACQUIRE A CHARMING SMALL SHOP ON A NEW 999 YEAR LEASE IN THE MAIN STREET OF LYME REGIS
32 Broad Street is a substantial period property (Grade II Listed). We are offering for sale the ground floor lock-up shop premises on a 999 year lease at a nominal ground rent of £50 per annum. Upstairs there is a maisonette on three floors under the separate ownership of a family who are acquiring the freehold interest.
The premises enjoys a prominent location towards the top of the town s main shopping street which includes many independent shops as well as well known chains such as Fat Face, Quba, WH Smith, Boots, Tesco Express and the Cooperative.
The shop is within easy access of the seafront and famous Cobb Harbour and close to the superb Langmoor and Lister Public Gardens. There are many enchanting shops, pubs, restaurants and historical sites hidden away in the labyrinth of small streets and alleyways throughout the town, and an array of different attractions along the whole length of Marine Parade at the bottom of the hill
Lyme Regis is an attractive destination for holiday makers and visitors and there is a strong demand for shop premises to either buy or rent whenever they become available.
THE MAIN SHOP:
Frontage to Broad Street approximately 10 6 with good display window and glazed entrance door. The depth totals about 26 6 (8.08m).
At the rear is a Store about 7 4 x 6 6 (2.24m x 1.98m) and kitchen with W.C.
Local Authority; West Dorset District Council
Rateable value £3950
The present occupier received 100% relief from Business Rates. Applicants should verify that they will qualify for this relief.