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Broad Street, Lyme Regis, Dorset

Key features

  • Landmark period cinema with planning permission
  • Ability to develop 3 high end apartments
  • Possible joint venture considered
  • Please enquire for early interest in individual units
  • Prominent retail frontage for 2 units
  • Beautiful coastal aspects
  • Extensive undercrodt storage and workshops

Description

A unique and exciting opportunity to develop a former Art Deco cinema in the heart of Lyme Regis, just moments from the historic harbourside. Planning has been granted for the construction of a four-storey building comprising three premium apartments and two commercial units. The proposed apartments will benefit from private parking and integral garaging, together with outstanding south-facing views across the sea and harbour. Works have already commenced with the rear of the existing building already demolished. The prominent North elevation will be retained, creating an impressive façade while preserving the buildings distinctive Art Deco character. This architectural heritage is reflected throughout the proposed development, which combines contemporary design with luxurious and highly considered accommodation, making the most of the buildings exceptional setting. Full planning history can be viewed on the Dorset Council planning portal under reference
P/FUL/2024/03845.

The ground floor provides two commercial/retail units positioned at the front of the building, with residential access to the side and rear. A lift will provide convenient and accessible access to the residential accommodation. The current plans provide for one apartment and two duplex apartments, thoughtfully designed to maximise both space and the exceptional coastal outlook. Unit 1 occupies the first floor and features an impressive open-plan living, dining and kitchen area, with curved windows positioned to frame the exceptional views. Double doors open onto a substantial private terrace. The accommodation comprises four double bedrooms, two en suite together with a family bathroom and separate cloakroom. Unit 2 occupies the second floor and mirrors the accommodation provided within unit 1 as well as offering additional accommodation on the third floor which could provide a further two en suite double bedrooms, an additional reception room and access to an expansive private terrace. Unit 3 will occupy the first and second floors above the commercial units. The first floor is designed around an impressive open-plan living, dining and kitchen space, complemented by an adjoining larder/utility room. Three tall windows retained from the original building will flood the principal living space with natural light. A separate study, family bathroom and additional cloakroom complete this level. The second floor is dedicated to a luxurious principal bedroom suite complete with an en suite bathroom and walk-in wardrobe. Double doors will lead directly onto an expansive private terrace offering an exceptional setting from which to enjoy the superb coastal views. A further bedroom completes the accommodation.

A new block-paved vehicular access route will lead to the covered courtyard. With designated parking for each unit, the new block includes two integral double garages/workshops, offering secure parking and storage space. To the rear of the building, a landscaped garden enclosed by stone walling will provide a private outdoor area.

The property is in a highly desirable position, in the heart of the charming town of Lyme Regis and just minutes from the seafront. The town is situated in the Dorset Area of Outstanding Natural Beauty on the World Heritage Jurassic Coast. There are superb coastal walks including the South West Coast Path and miles of unspoilt countryside to explore. The town has access to a variety of everyday amenities, including high street shops, independent boutiques, cafés and restaurants. There are numerous water based recreational and sporting facilities such as sailing, power boating, water skiing, diving, paddle boarding, kayaking and sea fishing. The nearby towns of Axminster and Bridport provide a wider range of facilities including local shops, pubs, restaurants, schools, a small hospital, libraries, Post Offices, GP surgeries, dental surgeries and veterinary surgeries.

Communication links are excellent: the A35 is within easy reach and provides good access to the city of Exeter, the coast and to major traffic routes including the M5. Axminster station, approximately 6.6 miles away, has regular services to London Waterloo.

Local Authority: Dorset Council
Planning Reference: P/FUL/2024/03845. Prospective purchasers are advised that they should make their own enquiries of the local planning authority.
Mobile and Broadband checker: Information can be found here

Brochures

Web DetailsParticulars
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: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Off street
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Broad Street, Lyme Regis, Dorset

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Affordability

Monthly repayments£7,447
Property: £ 1,500,000
Deposit: £ 150,000
Interest rate: 5.24%
Term: 30 years
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About Strutt & Parker, Exeter

24 Southernhay West, Exeter, EX1 1PR
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Disclaimer - Property reference EXE260042. 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 Strutt & Parker, Exeter. 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.