Investment.

Dorchester.

45-47A South Street & 4/5 Trinity Street, DT1 1DQ

Map View

Status.

Sold on 30/09/2020

Price.

£2,875,000 (Subject to Contract and Exclusive VAT)

Service Charge.

The units are let on effectively FR&I terms, albeit there is a small service charge operable at the building. For the current financial year ending 31/12/2020 the budget is £11,675, which is fully recoverable. Further information is available upon request.

Location.

Dorchester is the county town of Dorset. It is situated between Poole and Bridport on the A35. 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 (11km) to the south.Rail services to London Waterloo are regular with a journey time of approximately 2 hours 37 minutes.The nearest airport is located at Bournemouth International, within a 1 hour drive time, providing flights both domestically and to wider Europe.

Description.

The premises occupies a substantial site with dual frontage onto the prime, pedestrianised South Street and non pedestrianised Trinity Street. The building is modern in appearance and provides affordable and well configured space. The South Street elevation comprises three retail units, occupied by Waterstones,Card Factory and Clintons, arranged over ground and first floors. The Trinity Street frontage comprises two smaller retail units, arranged over ground and first floors, occupied by Sue Ryder and Weldmar Hospicecare. The freehold title includes a yard which links the two elements; this is utilised as a staff car park.

Rent.

£244,250.00 per annum exclusive

Tenure.

Freehold

Yield.

8%

Share.

All viewings are strictly by prior appointment.

Ed Smith.

Partner | Investment

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