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Commercial Property for sale

Broad Street, Lyme Regis, Dorset, DT7 3QF

Guide Price* £95,000

Property Description

Key features

  • Leasehold ground floor shop
  • Nearby occupiers include Lloyds Bank and WH Smith
  • Vacant possession

Full description

Tenure: Leasehold

For Public Auction at 5th December at 11:00

Lyme Regis, with a population of 3,600, lies upon the west Dorset coast at the mouth of the River Lim close to Charmouth, 25 miles to the west of Dorchester and 25 miles east of Exeter via the nearby A35 which links into the M5 motorway at Exeter. Its location on Dorset's 95 mile Jurassic Coast, a World Heritage Site, as well as its historic sea front and famous Cobb Harbour supports a large tourist industry with many day and staying visitors.

The property is situated on the north side of Broad Street (A3052) within the busy retailing pitch and a short distance from the beachfront. Nearby occupiers include Lloyds Bank, Costa Coffee, Boots the Chemist, WH Smith and Tesco Express as well as numerous boutique independent retailers.

The property comprises a ground floor shop, formerly trading as an estate agent, forming part of a larger three storey building within a busy retailing area.

Leasehold. Held on a lease for a term of 999 years from 20/01/1984 at a ground rent of £10 per annum.

Planning Authority
West Dorset District Council (01305 251010)

For EPC Rating please see legal documentation

Friday 18 November, Saturday 26 November and Wednesday 30 November all at 11.00am.

Please refer to the legal documentation.

For further information please go to

Map & Street View

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Lambert Smith Hampton, Auctions on 0208 012 7784.

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