Retail Property (high street) for saleLongmoor Street, Poundbury, Dorchester, Dorset, DT1 3GN
1,000 sq. ft.
- 1,000 sq ft (92 sq m)
An attractive retail investment property producing £9.000pa fronting Pummery Square in Poundbury, the nationally renowned development by the Duchy of Cornwall.
The retail property is configured around a central door with return display windows to Pummery Square and to the side of Longmoor Street. There is rear access with a goods door and car park.
Total 704sqft gross internal.
The premises are let for 9 years from 16th March 2017 with 3 yearly rent review and 3 yearly tenants breaks.
The tenant pays the Poundbury Manco Charge currently £150 and the Poundbury Trust £20 for the car park.
The headlease investment is the balance of 125 years from 9th March 2001 at a peppercorn rent.
The property is located in a convenient position within Pummery Square with a return frontage to Longmooor Street. Pummery Square is in the sought after original part of the Duchy's Poundbury in a square which includes several shops including Poundbury Stores, the Poet Laureate Public House, The Octagon Café and the Brownsword Community Hall. There is ample customer parking outside the premises.
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