St. Thomas Street, Weymouth, Dorset, DT4
- PROPERTY TYPE
Retail Property (high street)
- BEDROOMS
3
- BATHROOMS
3
- SIZE
2,210 sq ft
205 sq m
Key features
- Retail shop in High Street
- Gross Initial Yield: 7.12%
- Rental Income: £30,600 p.a.
- No VAT
Description
Tenancy:
The ground floor shop is at present let to Coffee shop for a term of 10 Years from 28th June 2023 at a current rent of £12,000 per annum and the lease contains full repairing and insuring covenants. Rent review on 28.06.28. Tenant option to determine on 28.06.28 with minimum 6 month`s notice. Deposit held of £3,000. Lease within Landlord & Tenant Act 1954.
Flat 1 is at present let on AST to an Individual for a term of 12 months from 10th July 2023 at a current rent of £10,200 p.a. Deposit held of £980.
Flat 2 is at present let on AST to an Individual for a term of 12 Months from 30th August 2023 at a current rent of £8,400 p.a. Deposit held of £805.
St. Thomas Street, Weymouth, Dorset, DT4
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Weymouth Station0.5 miles
- Upwey Station2.8 miles
Notes
Disclaimer - Property reference C022024. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Global 32 (UK) Property Management Ltd, New Malden. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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 Global 32 (UK) Property Management Ltd, New Malden on 020 3840 3431.
*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.”
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