South Street, South Terrace, Dorchester
£114.84 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,483 sq ft
324 sq m
- SECTOR
Mixed use property for sale
Key features
- Investment property producing a strong return
- Two retail/office units
- 3 flats above
- Busy town centre location
- Business unaffected
Description
The Property - South Terrace House is a dual frontage investment property in Dorchester town centre comprising 2 retail/office units with 3 flats above and offered for sale by auction.
5 South Terrace DT1 1DE is an attractive Georgian style listed building, constructed in brick and slate over 5 floors including basement with Dodgsons retail hardware store on ground floor.
8/8A Trinity Street DT1 1TU comprises access to the 3 flats over shop and a further retail unit fronting Trinity Street and occupied by a taxi office.
Flat 1 ( 2 bedrooms) is vacant and available for refurbishment and all other units rent producing.
In more detail the premises comprise:
Hardware store over ground and basement. Rent £23,750pa (1601sqft over ground and basement)
Taxi office standalone unit £8,496pa (232sqft)
Flat 1, 2 bed flat for refurbishment (approx 621sqft)
Flat 2, 1 bed Assured shorthold tenancy £725 pcm (approx 614sqft)
Flat 3 £695 pcm (rising to £720 on 16th October 2025) small 1 bed into eaves (approx 453 sqft)
Current gross rent £49,226pa
Possible gross rent £59,426pa
Situation - South Terrace is in South Street, Dorchester the main pedestrianised shopping street. The property is opposite Goulds Department Store and adjacent to an optician. Trinity Street runs parallel to South Street, a busy town centre street with parking, bus drop off and Iceland and the Coop among the main retailers. Brewery Square with its pubs and restaurants and rail service is close by.
Directions - what3words///snooze.baths.sweated
Services - Mains electricity, water and drainage. Gas fired heating to flats. (Night storage heater to Flat 3). There is good mobile coverage in the area and Ultrafast Broadband is available. Potential to park 4 small cars.
Local Authority - Dorset Council Tel:
Business Rates: 5 South St RV £17,250, 8 Trinity St RV £8,100
Council Tax: Flat 1 Band B, Flat 2 & 3 Band A
Energy Performance Certificate - 5 South Terrace, South St retail shop C(62)
8 Trinity Street retail unit E (110)
Flat 1 South Terrace House, 8A Trinity St
C (62) Potential C (72)
Flat 2 South Terrace House, 8A Trinity St
C (73) Potential C (79)
Flat 3 South Terrace House, 8A Trinity St
E (52) Potential C (70)
Brochures
South Street, South Terrace, Dorchester
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dorchester South Station0.2 miles
- Dorchester West Station0.3 miles
- Upwey Station4.6 miles
About Symonds & Sampson, Dorchester
Burraton House, 5 Burraton Square, Poundbury, Dorset, DT1 3GR
Notes
Disclaimer - Property reference 34231531. 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 Symonds & Sampson, Dorchester. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Symonds & Sampson, Dorchester on 01305 232402.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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