57-58 St. Mary Street, Weymouth, Dorset, DT4

Prime Mixed-Use Investment Opportunity in the Heart of Weymouth - Fully Tenanted with Immediate Income

National Residential are thrilled to present this exceptional mixed-use freehold investment property located in the vibrant heart of Weymouth, just a short stroll from the sandy beach and the picturesque harbourside. With a fully tenanted ground-floor commercial unit and two one-bedroom flats above, this property offers a secure and attractive income stream for investors.

Property Overview
* Ground Floor Commercial Unit: Currently leased to a thriving barber shop, generating £1,993.33 per month (£23,919.96 per annum).
* First-Floor Residential Flats: Two spacious one-bedroom flats, each rented at £650 per month (£7,800 per annum per flat).
* Total Monthly Income: £3,293.33.
* Total Annual Income: £39,519.96.
* Freehold Property: No additional ground rent or service charges.
* Council Tax Band: A (flats).
* Grade 2 Listed Building

Financial Highlights
* Asking Price: £370,000.
* Current Gross Yield: 10.68%.
* Low Maintenance: Fully tenanted and immaculately maintained, providing consistent income with minimal effort.
* Potential for Growth: Opportunities to increase rental income over time, further enhancing returns.

Location Advantages
Weymouth is a bustling seaside town renowned for its charm, tourism appeal, and excellent transport links. This property enjoys a prime central location, making it highly desirable for both commercial and residential tenants.
* Harbour and Beach: Just a short walk to Weymouth's sandy beach and colourful harbourside, attracting year-round footfall and residents.
* Transport Links: Regular train services to London, Bournemouth, Winchester, and Dorchester, plus excellent bus and road connections to surrounding areas.
* Amenities: Surrounded by a thriving community of shops, cafes, and restaurants, adding to its tenant appeal.
* Tourism Hub: Weymouth is a popular destination, ensuring strong demand for both residential and commercial spaces.

Why Invest in This Property?
This fully tenanted mixed-use property offers immediate income and a robust return on investment, with the added benefit of being located in one of the UK's most sought-after coastal towns. The combination of a prime location, stable tenants, and strong rental yield makes this property a standout choice for savvy investors.

Arrange Your Viewing Today
Opportunities like this are rare-don't miss out on adding a high-yield, low-maintenance investment property to your portfolio. Contact our dedicated specialist sales advisor for more details or to schedule a viewing.
Your next lucrative investment is waiting!

This property is ONLY available for purchasers who are NOT in a chain.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.