Commercial Property in Chickerell available for sale
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Commercial Property for Sale near Chickerell, UK

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Commercial Properties for Sale Within 5 miles of the Chickerell, UK

More details for 159 Abbotsbury Rd, Weymouth - Retail for Sale

159 Abbotsbury Rd

Weymouth, DT4 0JX

  • Retail for Sale
  • £235,000
  • 667 sq ft

Weymouth Retail for Sale

Investment Consideration: VAT is NOT applicable to this property Comprises mid-terrace single storey restaurant premises Let until 2043. No breaks. Rent reviews every 5 years open market upward only Nearby occupiers include Londis, Takeaway, Pet Shop, Tattoo Studio and more Property Description: Comprises single storey restaurant premises with rear access on Old Parish Lane, providing the following accommodation and dimensions: Ground Floor: 62 sq m (667 sq ft) Open plan restaurant, kitchen, storage, wc Tenancy: The property is at present let to Individual for a term of 20 years from 23rd January 2023 at a current rent of £11,500 per annum and the lease contains full repairing and insuring covenants. Rent review every 5th year open market upward only. No breaks. Location: Weymouth is a seaside town in Dorset, England, situated on a sheltered bay at the mouth of the River Wey on the English Channel coast. The town is 11 kilometres (7 miles) south of Dorchester and 8 kilometres (5 miles) north of the Isle of Portland. The A354 road connects the town to the A35 trunk road in Dorchester, and terminates at Easton on the Isle of Portland. The A353 road runs east from Weymouth to the south of Warmwell, where it connects with the A352 to the Isle of Purbeck and Wareham. The B3157 road runs west from Weymouth to the south of Bridport where it terminates and connects to the A35. Weymouth is approximately 52 miles (83 km) south east of the M5 motorway at junction 25 for Taunton. Nearby occupiers include Londis, Takeaway, Pet Shop, Tattoo Studio and more

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront

Date on Market:

23/05/2024
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LoopNet UK Dorset Commercial Properties For Sale in Chickerell, UK

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FAQs about Commercial Properties For Sale in Chickerell

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How many Commercial Property listings are available for sale in Chickerell?
There are currently 0 Commercial Properties available for sale near Chickerell. These Chickerell Commercial Property listings have an average size of. The largest available listing in Chickerell is. The thriving commercial centre and excellent transport links in Chickerell make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Chickerell?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Chickerell currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Chickerell?
There is a diverse range of commercial properties available in Chickerell to suit various business needs. Chickerell offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Chickerell commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Chickerell, UK

Market Overview for Commercial Properties in Chickerell

Key information for Commercial Properties investors in Chickerell and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Weymouth £185 2,902 sq ft
Dorchester £179 4,707 sq ft
Portland £133 1,265 sq ft
Bridport £615 333 sq ft
Fontmell Magna £206 2,437 sq ft

Rental Price Trends in Chickerell

The price per square foot range for Commercial Properties in Chickerell and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Weymouth £76 £185 £262
Dorchester £59 £179 £353
Portland £87 £133 £180
Bridport £615 £615 £615
Fontmell Magna £206 £206 £206

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Chickerell area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Weymouth 667 sq ft 2,902 sq ft 7,364 sq ft
Dorchester 315 sq ft 4,707 sq ft 10,278 sq ft
Portland 829 sq ft 1,265 sq ft 1,700 sq ft
Bridport 333 sq ft 333 sq ft 333 sq ft
Fontmell Magna 2,437 sq ft 2,437 sq ft 2,437 sq ft

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