South Street, Dorchester, Dorset, DT1

Opportunity to purchase an investment portfolio comprising 8 units as listed :


19 South Street
Occupied by The Secret Garden Café Co Ltd the premises consist of a suite of former Alms-houses dating back to the early 1600s being a Grade II* listed building. Construction is of mainly stone with various pitched roofs. The restaurant and bar take up most of the ground floor accommodation that includes an indoor restaurant area extending to a covered outdoor space in the central concourse and an outside garden area. There are 2 kitchens, one either side of the passage leading to the garden area. Toilets are accessed from the indoor restaurant lobby by the main kitchen. The ground floor is an area of approx. 300 square metres (3300 square feet). For their age the premises are considered to be in a reasonable condition.
The Lease:
The premises are held under a lease dated November 2023 for a period of 5 years on internal repairing and insuring terms.
Rent:
£18,000 per annum payable quarterly in advance.


19b South Street
The premises are currently occupied by Sue Downton t/a Every Cloud. She is holding over on a lease paying £10,000pa. A new 5 year lease is agreed and about to be signed at £10,000pa The premises comprise a retail shop unit at the front of the Grade II* Listed Building with a small store at the rear with a WC.,having an overall area of 51 square metres (548 square feet).


19a South Street
Occupied by Solitaire Gold Ltd a jeweller, the premises comprise of a suite of first floor offices accessed via a passageway at the front of the restaurant giving the offices window display and a small amount of retail space on the ground floor. Accommodation comprises 2 rooms off a large central reception area/office. There is a small store leading directly to a kitchenette. There is a WC. In all the accommodation consists of an area of approximately 100 square metres (1076 square feet). The premises are considered to be in good condition considering the age of the building.
The Lease:
The premises are held under a lease dated October 2024 for a term of 3 years on internal repairing and insuring terms.
Rent:
£8000 per annum payable quarterly in advance.


1 Napper Court
Occupied by Katarzyna Kerchel the Premises comprise a Dog grooming unit with return frontage to Charles Street having an area of 44 square metres (470 square feet). The premises are in a fair decorative condition.
Lease:
The premises are held under an Internal Repairing and Insuring Lease dated September 2022 for a term of 5 years.
Rent:
£10,000 per annum payable quarterly in advance. There is a service charge of £331 per annum.



2 Napper Court
Occupied by Christine Foster. The premises comprise a double fronted Tattooist in an area of 33 square metres (347 square feet). The premises are in fair decorative condition.
Lease:
The premises are held under a Internal and Insuring Lease dated March 2024 for a term of 3 years .
Rent:
£6,000 per annum payable quarterly in advance. There is a Service Charge of £218.54 per annum.


3 Napper Court
Occupied by Mr Philip Da Silva an Hairdresser. The premises comprise a small unit of 32 square metres (336 square feet) and are in a fair decorative condition.
Lease:
Held on a 7 year term from December 2023 on internal and insuring terms.
Rent:
The rent is £6,000pa reviewed after the 3rd year. There is a Service Charge of £215.84 per annum.


4 Napper Court
Occupied by Mr P Caldwell trading as "County Cleaners", a dry cleaning company. The premises comprise a former retail unit of 51 square metres (546 square feet) and is in fair decorative order.
Lease:
The premises are held under a Full Repairing and Insuring Lease dated 8 May 1987 for a term of 25 years from and including 24 June 1987. The tenants therefore are holding over.
Rent:
£13,000 per annum payable quarterly in advance. There is a Service Charge of £374.08 per annum.


5 Napper Court
Occupied by Mr G Aspley trading as "Aspley Associates" a firm of structural engineers.
The premises comprise of a suite of 3 first floor office accessed by the Nappers
Court courtyard. The first floor area is 44 square metres (470 square feet). The premises
are in fair decorative condition.
Lease:
The premises are held under a FR&I lease dated 1 June 1987 for a term of 25 years from and including 24 June 1987. The tenants therefore are holding over.
Rent:
£3000 pa payable quarterly in advance. There is a Service Charge of £302.12 per annum.