East Street, Bridport
- PROPERTY TYPE
Commercial Property
- SIZE
2,653 sq ft
246 sq m
Key features
- Freehold investment (currently let)
- Rental income £18,000pa
- Attractive commercial premises
- Total 2653 sq ft floor area
- Self-contained maisonette
- 2 Bedrooms
- Good sized rear garden
- Prime East Street location
- Excellent investment opportunity
- Freehold. Rateable Value £12,000 (up to 100% relief available). Council Tax Band B
Description
The Property - 31 East Street is a very attractive freehold period building comprising a lock-up commercial unit with a large self-contained maisonette over and a good sized rear garden, occupying a high profile location within the heart of the town centre.
The substantial three storey building dates back to the early 19th century, with classic red brick front elevations. It is listed grade 2, of architectural or historic importance, and within a Conservation Area.
The lock-up commercial unit has character features including wood flooring, exposed brickwork and high ceilings and comprises a long main/principal commercial area on two levels, cloakroom, utility, kitchen, first floor rear store and basement storage area.
The self-contained maisonette has rear external access from the courtyard garden and features exposed floorboards, high ceilings, marble fireplace and sash windows. The accommodation extends to:
First floor – Kitchen/dining room, inner landing, living room
Second floor – Two double bedrooms, shower room.
Outside - Long enclosed rear courtyard garden.
The Lease/Tenancy - Let on a full repairing and insuring lease at £18,000 per annum. The lease expires in August 2025. The tenants wish to renew and have a new lease next year.
Situation - Occupying a very prominent and busy prime retail town centre location with a whole range of national and independent retailers, professional offices and cafes. Bridport is a thriving and historic market town (considered by BBC Countryfile as one of the best market towns in the UK) and holiday area. Street markets are held twice weekly and the town has an excellent range of business, recreational and social facilities. It is a working town and busy throughout the year. Access to the stunning Jurassic Coast is just 2 miles away at West Bay.
Services - All mains services. Gas-fired boiler.
Broadband - Standard up to 19Mbps and Superfast up to 80Mbps.
Mobile phone service providers available are EE, Three, O2 and Vodafone for voice and data services inside and outside.
(Broadband and mobile phone information taken from Ofcom website Results are predictions and not a guarantee. Actual services available may be different from results and may be affected by network outages).
Business Rates - The rateable value is £12,000 (Business Rates payable by the tenant).
Viewings - Strictly by appointment with Stags Bridport.
Directions - From our Stags office in South Street, proceed up to the Town Hall and turn right into East Street. The property will be seen on the left, just past the Spar.
Residential Lettings - If you are considering investing in a Buy To Let or letting another property and require advice on current rents, yields or general lettings information to ensure you comply, please contact a member of our lettings team on or via email at rentals. .
Brochures
East Street, BridportEast Street, Bridport
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Maiden Newton Station8.8 miles
Stags' Bridport office is situated in a prominent position on South Street, opposite Bridport Museum. The sales team enjoys the bustle of the town's twice weekly markets, as well as regular farmers' markets, which are a source of good local produce. Perfectly positioned between the West Country and London, Bridport is a gateway to the Jurassic Coast and lies within an Area of Outstanding Natural Beauty, surrounded by the rolling hills of West Dorset.
Bridport and the surrounding area...Perfectly positioned between the West Country and London, Bridport is a gateway to the Jurassic Coast and lies within an Area of Outstanding Natural Beauty, surrounded by the rolling hills of West Dorset. Overlooked by the iconic Colmers Hill, Bridport is steeped in a history of rope-making, which has influenced the design and layout of the town's gardens and houses. A mile to the south of Bridport is the quaint fishing harbour of West Bay, the setting for the famous TV drama Broadchurch, around which are numerous beaches and inlets for sailing and fishing, as well as walking and fossil hunting.
The town's rope industry is still alive today with local businesses providing nets for Wimbledon, major football championships and the Airforce. Bridport is a vibrant rural centre, with twice weekly street and farmers' markets, a thriving music, food, arts and literary community, which is involved in events such as the Bridport Literary Festival, Dorset Arts Week, The Food Festival, Bridport Carnival and Melplash Agricultural Show.
Notes
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