Investment Consideration:
Vacant possession
ERV: £25,000 p.a. GIY: 7.14%
VAT is applicable to this property
Comprises three-storey former bank premises
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.
