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COMMERCIAL

St. Thomas Street, Weymouth, Dorset, DT4

Offers in Excess of
£383,000
Global32 UK Estate Agent, Hampton Wick
PROPERTY TYPE

Retail Property (high street)

BATHROOMS

3

SIZE

2,210 sq ft

205 sq m

Floor/Site plan 1
1

Key features

  • Retail shop in High Street
  • Gross Initial Yield: 7.12%
  • Rental Income: £30,600 p.a.
  • No VAT

Description

We are delighted to introduce a retail property in Weymouth hight street for sale. The property comprises ground floor shop with further ancillary storage and a single WC to the rear. The first and second floor comprises two self-contained flats.

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 at a current rent of £10,680 p.a. Deposit held of £980.
Flat 2 is at present let on AST to an Individual for a term of 12 Months at a current rent of £9,600 p.a. Deposit held of £805.

St. Thomas Street, Weymouth, Dorset, DT4

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Weymouth Station0.5 miles
  • Upwey Station2.8 miles

About Global32 UK Estate Agent, Hampton Wick

25 High Street Hampton Wick KT1 4DA

Global32 UK Estate Agent Limited, is an energetic estate and lettings agent covering areas in

and around Surrey and Central London for all sales and rental needs.

At Global 32, we strive to deliver comprehensive and professional services in sales, lettings, and

property management service to buyers, sellers as well as tenants.

Notes

These notes are private, only you can see them.

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 Global32 UK Estate Agent, Hampton Wick. 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.

Map data ©OpenStreetMap contributors.

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