Commercial Property in DT7 available for sale
1

Commercial Property for Sale near the DT7, Lyme Regis

Explore the Latest DT7 Commercial Property for Sale

More details for 17 Broad Street, Lyme Regis - Hospitality for Sale

Three Cups Hotel - 17 Broad Street

Lyme Regis, DT7 3QE

  • Hospitality for Sale
  • 8,256 sq ft

Lyme Regis Hospitality for Sale

The current owners are committed to developing the property broadly in accordance with the approved schemes, but recognise that alternative schemes could be considered. They are however, very keen to retain and operate the proposed restaurant and letting rooms at the rear of the site as that fits with their core business. As the owners are not property developers, a partner is sought to assist in bringing the scheme or a similar scheme forward. The current owners are flexible as to the nature of development package model that a partner wishes to pursue and will consider an outright sale of parts, or any other arrangement whereby the restaurant and letting rooms can be retained. The property comprises a Grade 2 Listed primarily three storey building fronting Broad Street, originally believed to date from the 1800’s with later additions at the rear. The property has remained vacant for a number of years whilst planning and listed building approvals were sought for its redevelopment. Consents were granted by West Dorset District Council (now Dorset Council), and subsequently implemented under application references WD/D/14/002879 and WD/D/14/002880 for a scheme which comprised 2 shops on the ground floor of the main building, demolition of the rear section, and the provision of 9 residential units together with a substantial new build restaurant, bar and 12 letting rooms on the rear garden area. The work has been implemented to preserve the planning consents obtained. The Former Three Cups Hotel is situated in a prime location within Broad Street, Lyme Regis which is the main commercial thoroughfare of the town. Adjoining properties are a mixture of commercial, leisure and residential uses with other facilities in the town being in close proximity. To the rear of the main building is an area of undeveloped land which was formerly a garden to the Hotel. Beyond that are other residential properties and Langmoor Gardens which is the town’s formal pleasure garden. From the rear of the building and the existing garden, there are uninterrupted panoramic views over Lyme Bay and the town’s harbour and the iconic Cobb pier, the latter of which was famously featured in the award winning film “The French Lieutenant’s Woman“ starring Meryl Streep and Jeremy Irons.

Contact:

Chesters Harcourt

Property Subtype:

Hotel

Date on Market:

10/12/2025

Hide
See More

Commercial Properties for Sale Within 5 miles of the DT7, Lyme Regis

More details for 7 Silver St, Axminster - Office for Sale

7 Silver St

Axminster, EX13 5AH

  • Office for Sale
  • £295,000
  • 2,743 sq ft
See More
More details for Church St, Lyme Regis - Office for Sale

Guildhall Cottage - Church St

Lyme Regis, DT7 3BS

  • Office for Sale
  • 1,396 sq ft
See More

FAQs about Commercial Properties For Sale in DT7

See All Properties For Sale
How many Commercial Property listings are available for sale in DT7?
There are currently 1 Commercial Properties available for sale near DT7. These DT7 Commercial Property listings have an average size of. The largest available listing in DT7 is. The thriving commercial centre and excellent transport links in DT7 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in DT7?
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 DT7 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 DT7?
There is a diverse range of commercial properties available in DT7 to suit various business needs. DT7 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 DT7 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 DT7, Lyme Regis

You searched for commercial property for sale in DT7. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

LoopNet - the worlds No. 1 commercial property marketplace.