23 St Alban Street, Weymouth, Dorset, DT4 8BZ

FOR SALE

£170,000

Retail

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23 St Alban Street, Weymouth, Dorset, DT4 8BZ,

key features

Ground floor shop let by way of a 10 year lease expiring November 2032
Studio flat currently let on an AST to a private individual
Three further flats which have been sold by way of long leasehold interests
The ground floor shop currently producing a rental of £9,000 per annum exclusive
Studio flat currently producing a rental of £7,920 per annum excluive
The three flats which have been sold off produce a total ground rent of £75 per annum
Freehold
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About the property

Freehold For Sale - Retail and Residential Investment Located in the Popular Seaside Town of Weymouth

Description

▪ Attractive three storey terraced property.
▪ Commercial occupier (hair salon) located on the ground floor.
▪ Accessed via a separate entrance from St. Albans Street are four flats.
▪ Flat 1 is a studio flat currently let on an AST and well presented throughout.
▪ Flats 2, 3 and 4 have been sold off by way of long leasehold interest.

Location

▪ Weymouth is an attractive seaside town in the heart of Dorset. ▪ Known for its picturesque beach it is a popular tourist destination in the summer months. ▪ The subject premises occupy a strong trading position on St. Albans Street which is characterised by its mix of local independent boutique retailers, coffee shops and restaurants. ▪ St. Albans Street adjoins the busy principle High Street of St. Thomas Street and St Mary Street where numerous multiple retailers are represented. ▪ The town hosts a number of national occupiers including M&S, Boots, Costa Coffee, Café Nero and Holland and Barratt.

Price

£170,000