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COMMERCIAL

Church Street, Lyme Regis

Guide Price
£395,000
Stags, Bridport
PROPERTY TYPE

Commercial Property

BEDROOMS

2

BATHROOMS

2

SIZE

1,314 sq ft

122 sq m

Key features

  • Rare investment/home and income opportunity
  • Total rental income £22,200pa (5.6% gross yeild)
  • Attractive commercial unit
  • Self-contained maisonette
  • Spacious 1542sqft floor area (total)
  • Small enclosed outside area
  • 3 Parking spaces
  • High profile location
  • Rateable value £10,250 (up to 100% relief available)
  • Council Tax Band C

Description

Freehold commercial/residential investment – A self-contained ground floor commercial unit with a spacious maisonette over in the highly sought after coastal town of Lyme Regis. EPC: D

The Property - 44 and 44a Church Street is a detached building comprising a self-contained ground floor commercial unit and a self-contained maisonette over, with parking, occupying a high profile location within the heart of the town centre.

The property is believed to have been built in the 1950s with brick-faced elevations and lies within the Conservation Area.

The lock-up commercial unit (44) comprises and attractive double-fronted premises with entrance hall, 2 offices, lobby, WC, inner hall, kitchen, disabled cloakroom, rear store/office

The maisonette (44a) has all modern amenities with gas-fired central heating, timber sealed unit windows, well equipped kitchen with solid wood fronted units, electric oven, electric ceramic hob, cooker hood, modern bathroom and en-suite shower room. From the second floor there are lovely distant views along the Jurassic Coast and over the town rooftops, taking in the church.

The accommodation extends
Ground floor - Hall with stairs
First floor - Landing and inner hall, living room, archway to kitchen/dining room, bedroom, bathroom
Second floor -Bedroom with en-suite shower room

Outside - Three parking spaces (two for the commercial unit and one for the maisonette), EV charger point.

The maisonette has a small enclosed outside area with timber decking and beds.

Lease And Tenancy - The commercial unit is let to Toad Hall Cottages Ltd on a new 6 year lease (commencement date 1st June 2025) with a 3 year rent review/break clause. Rent passing £22,200pa

The maisonette is let on an Assured Shorthold Tenancy. Rent passing £850pcm/£10,200pa. The tenant would like to stay, otherwise vacant possession available (subject to the Renters Right Act 2026)

Situation - The property enjoys a high profile location within the heart of Lyme Regis old town, only a few minutes or so from the seafront and town centre.

Lyme Regis forms part of the stunning Jurassic World Heritage Site with a thriving town centre offering a whole variety of shopping, business, restaurants and hotels. The market town of Axminster is only 6 miles away with rail services to London Waterloo.

Services - All mains services. Gas-fired central heating to maisonette.

Broadband - Standard up to 15Mbps and Superfast up to 80Mbps.
Mobile phone service providers available are O2 and Vodafone for voice and data services inside and outside and EE and Three for voice and data services outside.
(Broadband and mobile phone information taken from Ofcom website Results are predictions and not a guarantee. Actual services available may be different from results and may be affected by network outages).

Viewings - Strictly by appointment with Stags Bridport.

Directions - From Bridport follow the A35 towards Lyme Regis. After the Charmouth Bypass take the 2nd exit to Lyme Regis. Proceed down Charmouth Road into Church Street and the property is seen on the left, a few hundred yards before the church.
What3Words: ///jetted.fellow.somewhere

Brochures

Church Street, Lyme Regis

Energy Performance Certificates

EE Rating

Church Street, Lyme Regis

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Axminster Station4.8 miles
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About Stags, Bridport

32 South Street, Bridport, Dorset DT6 3NQ
Industry affiliations:

Stags' Bridport office is situated in a prominent position on South Street, opposite Bridport Museum. The sales team enjoys the bustle of the town's twice weekly markets, as well as regular farmers' markets, which are a source of good local produce. Perfectly positioned between the West Country and London, Bridport is a gateway to the Jurassic Coast and lies within an Area of Outstanding Natural Beauty, surrounded by the rolling hills of West Dorset.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34752800. 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 Stags, Bridport. 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.

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