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Commercial Properties for Sale in DT1, Dorchester

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More details for 15 Cornhill, Dorchester - Retail for Sale

15 Cornhill

Dorchester, DT1 1BJ

  • Retail for Sale
  • £240,000
  • 3,029 sq ft
  • Air Conditioning
  • 24 Hour Access

Dorchester Retail for Sale

Lot 134 is available by way of Savills online auction 10th & 11th February 2026 Investment Consideration: Vacant possession ERV: £25,000 p.a. GIY: 7.14% VAT is applicable to this property Comprises three-storey former bank premises To be sold in Savills auction on 10th February 2026 Total area size: 281.46 sq m (3,029 sq ft) Suitable for variety of uses (Class E) Residential development potential, subject to obtaining the necessary consents Property benefits from mezzanine floor between ground and first floor, and external staircase at rear between ground and second floor Situated in the heart of Dorchester Town Centre with occupiers nearby including Boots Opticians, The Works, British Heart Foundation, Costa Coffee, H. Samuel, and many more. Property Description: Comprises large three-storey former bank premises with additional storage at basement, providing the following accommodation and dimensions: Ground Floor: 108.96 sq m (1,173 sq ft) Open plan retail, Offices, Storage Basement: 34.13 sq m (367 sq ft) Storage Mezzanine: 16.9 sq m (182 sq ft) Storage, Ladies WC First Floor: 82.94 sq m (893 sq ft) Offices, Storage, Gents WC Second Floor: 38.53 sq m (414 sq ft) Offices, Kitchen Total area size: 281.46 sq m (3,029 sq ft) Location: Dorchester is the county town of Dorset, England. It is situated between Poole and Bridport on the A35 trunk route. A historic market town, Dorchester is on the banks of the River Frome to the south of the Dorset Downs and north of the South Dorset Ridgeway that separates the area from Weymouth, 7 miles to the south. The property occupies a prime pedestrianised trading position within Dorchester's principal trading thoroughfare of South Street adjacent to Boots Opticians and nearby to White Stuff, The Works, British Heart Foundation and Costa Coffee.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront

Date on Market:

25/07/2024
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LoopNet UK Dorset Dorchester Commercial Properties For Sale in DT1, Dorchester, UK

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FAQs about Commercial Properties For Sale in DT1

See All Properties For Sale
How many Commercial Property listings are available for sale in DT1?
There are currently 5 Commercial Properties available for sale near DT1. These DT1 Commercial Property listings have an average size of. The largest available listing in DT1 is. The thriving commercial centre and excellent transport links in DT1 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in DT1?
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 DT1 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 DT1?
There is a diverse range of commercial properties available in DT1 to suit various business needs. DT1 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 5 DT1 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.

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