JOINT VENTURE OPPORTUNITY, 17 Broad Street, Lyme Regis DT7 3QE

The Former Three Cups Hotel is situated in a prime location within Broad Street, Lyme Regis which is the main commercial thoroughfare of the town. Adjoining properties are a mixture of commercial,
leisure and residential uses with other facilities in the
town being in close proximity.
To the rear of the main building is an area of undeveloped land which was formerly
a garden to the Hotel. Beyond that are other residential properties and Langmoor Gardens which is thetown’s formal pleasure garden

The property comprises a Grade 2 Listed primarily three storey building fronting Broad Street, originally believed to date from the 1800’s with later additions at the rear. The property has remained vacant for a number of years whilst planning and listed building approvals were sought for its redevelopment.
Consents were granted by West Dorset District Council (now Dorset Council), and subsequently implemented under application references
WD/D/14/002879 and WD/D/14/002880 for a scheme which comprised 2 shops on the ground floor of the main building, demolition of the rear section, and the provision of 9 residential units together with a substantial new build restaurant, bar and 12 letting rooms on the rear garden area. The work has been implemented to preserve the planning consents obtained.