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9-9A Cornhill 2,417 sq ft Retail Property Dorchester DT1 1BA £750,000 (£310.30/sq ft) 8.50% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Open sales area with wood laminate flooring
  • Attractive frontage
  • A new commercial tenant with a lease starting from 2024

EXECUTIVE SUMMARY

Opportunity to purchase this 3 story period property constructed of cut stone with pitched roof in the center of Dorchester in the prime South Street shopping location. The property is fully Let to the well known high street brand Sea Salt on a 10 year lease starting in 2024.
Current annual rental of £65,000 producing a potential yield of over 8.5%

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,417 sq ft
Costar Property Class
B
Year Built
1890
Price
£750,000
Price per sq ft
£310.30
Yield
8.50%
NOI
£63,750
Tenancy
Single
Number of Floors
4
Frontage
14 ft on Cornhill

AMENITIES

  • Storage Space

NEARBY MAJOR RETAILERS

Caffè Nero
Costa Coffee
Waitrose & Partners
Barclays
Iceland
Co-op
Anytime Fitness
The Gym Group
Nando's
Lounges
  • Listing ID: 35248156

  • Date on Market: 25/03/2025

  • Last Updated:

  • Address: 9-9A Cornhill, Dorchester DT1 1BA

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