The Former Three Cups Hotel, 17 Broad Street, Lyme Regis, DT7 3QE
Size
28,749.6
Tenure
Freehold
EPC
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Parking
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- Primary use
- Other leisure
- Other use(s)
- Residential development
No floor / site plan
Key features
- Iconic period building in prime location overlooking the famous Lyme Regis Cobb and Harbour
- Extant Planning Permission and Listed Building Consent for redevelopment into 2 shops, 9 residential units, restaurant and 12 letting rooms
- Joint Venture Partner sought to develop the site with the current owners
Description
Consents were granted by West Dorset District Council (now Dorset Council), and subsequently implemented under application references WD/D/14/002879 and WD/D/14/002880 for a scheme which comprised 2 shops on the ground floor of the main building, demolition of the rear section, and the provision of 9 residential units together with a substantial new build restaurant, bar and 12 letting rooms on the rear garden area. The work has been implemented to preserve the planning consents obtained.
The Former Three Cups Hotel is situated in a prime location within Broad Street, Lyme Regis which is the main commercial thoroughfare of the town.
Adjoining properties are a mixture of commercial, leisure and residential uses with other facilities in the town being in close proximity.
To the rear of the main building is an area of undeveloped land which was formerly a garden to the Hotel. Beyond that are other residential properties and Langmoor Gardens which is the town’s formal pleasure garden.
From the rear of the building and the existing garden, there are uninterrupted panoramic views over Lyme Bay and the town’s harbour and the
iconic Cobb pier, the latter of which was famously featured in the award winning film “The French Lieutenant’s Woman“ starring Meryl Streep and
Jeremy Irons.
Strictly by appointment with the Agents.
The current owners are committed to developing the property broadly in accordance with the approved schemes, but recognise that alternative schemes could be considered. They are however, very keen to retain and operate the proposed restaurant and letting rooms at the rear of the site as that fits with their core business.
As the owners are not property developers, a partner is sought to assist in bringing the scheme or a similar scheme forward. The current owners are flexible as to the nature of development package model that a partner wishes to pursue and will consider an outright sale of parts, or any other arrangement whereby the restaurant and letting rooms can be retained.
- Service charge
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- Business rates
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- Use class
- E, C1, C3
- Listed building
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- BREEAM rating
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- Environmental description
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Brochure
The Former Three Cups Hotel, 17 Broad Street, Lyme Regis, DT7 3QE
Chesters Harcourt was established in 2020 out of a merger between Chesters Commercial and Harcourt Kerr and is a company of Chartered Surveyors and Valuers based in Yeovil & Taunton, Somerset. Chesters Commercial itself was established in 2014 having evolved from Humberts Commercial, which traded for nearly 20 years and under a franchise agreement with Chesterton Humberts. Harcourt Kerr specialised in Development Land and shared many attributes with Chesters Commercial so the merger was very much a meeting of minds.
We have expertise in all areas of the commercial property market including property agency, valuation, planning and development and leasehold advisory. We pride ourselves on our local knowledge and our extensive client list and long established reputation allows us to provide a UK wide service particularly in our specialist field of development land consultancy.
We have listed some of our clients, many of whom we have been acting for in excess of 30 years: J C & R H Palmer Ltd, Sherborne Castle Estates, Sherborne School for Boys, Sherborne School for Girls, Agusta Westland, Redcliffe Homes, Kings School - Bruton, Handelsbanken, C G Fry & Son Ltd, Hastoe Homes Ltd, David Wilson Homes, The Abbey Manor Group and AP Chant.
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