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15-17 South St 1,713 sq ft 58% Let Retail Property Bridport DT6 3NR £450,000 (£262.70/sq ft)
Investment Highlights
- A mixed use investment property producing £39,200pa and rising to £53,600pa when fully let
- 2 x GF retail units, 1 x FF Office and 1 x 2 bed cottage to rear
- Separate entrances
- High Street location in centre of Bridport
- Grade II Listed
Executive Summary
A mixed use investment property in Bridport town centre for Sale by Auction on 18th June at 2pm at Digby Hall, Hound Street, Sherborne DT9 3AA.
Guide Price £450,000. Tenure: Freehold.
A prominent mixed use investment property, producing £39,200pa and rising to £53,600pa (on the asking terms) when fully let, in the heart of Bridport Town Centre.
Comprises 4 separate parts:
Unit 15
Prominent ground floor retail unit totalling approx. 500sqft
Let on the balance of a 7 year lease with break at year 4
Rental £15,500pa plus pro-rata insurance contribution
Business Rates: RV £9,800
Unit 17
Prominent ground floor retail unit with first floor store totalling approx. 500sqft
Let on the balance of a 7 year lease
Rental £13,500 plus pro-rata insurance contribution
Business Rates: RV £7800
17b South Street - Arthurs Cottage
2 bed cottage let at £800pcm
Council Tax Band A
15a South Street
First floor offices totalling 900sqft with small ground floor meeting room.
Available to let for £14,400pa plus pro-rata insurance contribution
(Previous planning consent 1/D/10/000279 for 3 bedroom flat not implemented)
Business Rates: RV £8,800
The property is situated on the East side of South Street just south of Bucky-Doo Square in the heart of Bridport.
Guide Price £450,000. Tenure: Freehold.
A prominent mixed use investment property, producing £39,200pa and rising to £53,600pa (on the asking terms) when fully let, in the heart of Bridport Town Centre.
Comprises 4 separate parts:
Unit 15
Prominent ground floor retail unit totalling approx. 500sqft
Let on the balance of a 7 year lease with break at year 4
Rental £15,500pa plus pro-rata insurance contribution
Business Rates: RV £9,800
Unit 17
Prominent ground floor retail unit with first floor store totalling approx. 500sqft
Let on the balance of a 7 year lease
Rental £13,500 plus pro-rata insurance contribution
Business Rates: RV £7800
17b South Street - Arthurs Cottage
2 bed cottage let at £800pcm
Council Tax Band A
15a South Street
First floor offices totalling 900sqft with small ground floor meeting room.
Available to let for £14,400pa plus pro-rata insurance contribution
(Previous planning consent 1/D/10/000279 for 3 bedroom flat not implemented)
Business Rates: RV £8,800
The property is situated on the East side of South Street just south of Bucky-Doo Square in the heart of Bridport.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
1,713 sq ft
Costar Property Class
C
Year Built
1900
Price
£450,000
Price per sq ft
£262.70
Occupancy Rate
58%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.67
Total Plot Size
0.06 ac
Frontage
30 ft on South Street
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Prominent offices available to let above retail units in Bridport's thriving South Street. Rent at £14,400 Per Annum.
Prominent offices available to let above retail units in Bridport's thriving South Street. Rent at £14,400 Per Annum.
| Space | Size | Space Use | Position | Available |
| 15a | 166 sq ft | Office | - | Now |
| 15a | 547 sq ft | Office | - | Now |
15a
| Size |
| 166 sq ft |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
15a
| Size |
| 547 sq ft |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
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15a
| Size | 166 sq ft |
| Space Use | Office |
| Position | - |
| Available | Now |
Prominent offices available to let above retail units in Bridport's thriving South Street. Rent at £14,400 Per Annum.
15a
| Size | 547 sq ft |
| Space Use | Office |
| Position | - |
| Available | Now |
Prominent offices available to let above retail units in Bridport's thriving South Street. Rent at £14,400 Per Annum.
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15-17 South St
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