St Thomas Street , Weymouth
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
2
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Freehold Retail & Residential Investment
- Ground Floor Shop
- Self Contained First Floor Flat
- Self Contained Second Floor Flat
- Current Rental Income £30,600 per annum
- Town Centre Location
Description
An ideal income-generating opportunity in a bustling town centre
Overview
This freehold property offers a lucrative retail and residential investment opportunity, being fully occupied and providing immediate income from established tenants. Located in the lively town centre of Weymouth, the property boasts excellent accessibility and footfall, making it a promising investment for both retail and residential purposes.
Property Features
Ground Floor: Retail Space
The ground floor of the property comprises a well-maintained shop, currently operating as a café. This vibrant establishment benefits from a prime location, drawing in a steady stream of customers from Weymouth's bustling town centre. The café is supported by a basement space, which serves as ancillary storage, ensuring operational efficiency for the tenant.
First Floor: Two-Bedroom Flat
The first floor houses a self-contained flat featuring two spacious bedrooms. The layout is designed to provide comfortable living space, attracting tenants who value proximity to the town centre's amenities. The flat is currently rented out, contributing to the property's immediate income stream.
Second Floor: One-Bedroom Flat
On the second floor, there is another self-contained flat, this one featuring a single bedroom. Perfect for individuals or couples seeking an urban lifestyle, the flat enjoys the same central location benefits as the rest of the property. Like the first-floor unit, it is also occupied by tenants.
Key Highlights
- Freehold retail and residential property providing immediate income.
- Situated in Weymouth's bustling town centre, ensuring high footfall and demand.
- Ground-floor shop currently operating as a café, supported by basement storage.
- Two self-contained flats - a two-bedroom unit on the first floor and a one-bedroom unit on the second floor.
- Fully occupied by tenants, ensuring steady rental income.
Investment Potential
This mixed-use freehold property represents a compelling opportunity for investors looking for a diversified portfolio. Its combination of retail and residential spaces ensures multiple income streams while its prime location in Weymouth's town centre guarantees strong demand for both commercial and residential rental spaces.
This is the perfect property for investors seeking a ready-made income-generating asset in a thriving urban environment.
BASEMENT - 15 SQ. M
GROUND FLOOR - CAFE - 52 SQ. M
FLAT 1 - 94 SQ. M 2 Bedrooms, open plan Kitchen/Living Area, Shower Room
FLAT 2 - 45 SQ. M 1 Bedroom, open plan Kitchen/Living Area, Shower Room.
Brochures
Sales Brochure - ...- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
St Thomas Street , Weymouth
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Your mortgage
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 100789002949. 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 Martin & Co, Weymouth. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.