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Lot No. 608
6 Bedrooom, Mid-terraced, Weymouth , Dorset




Current Market Value:

Auction Guide Price:

Current Bid:

No. of Bids:
£400,000

£320,000

£200,000

1

based where the 2012 olympic sailing is

Two flats, shop and planning for two flats at the rear.

A rare opportunity to acquire the freehold interest of an A1 retail unit and two self contained flats on the abbotsbury road in weymouth dorset. The unit fronts a busy thoroughfare in a secondary trading area, compromising a surgery, pharmacy,cycle shop , off license, computer shop, spar, insurance office, party shop, chinese, indian, wedding shop, mobility shop, several hotels, hairdressers, beauty salon all within 1 mile from town centre, rail and bus station beach and harbour, as well as being on the bus route. It has a trading area of 550 sqft with a 330 sq ft store to the rear with a kitchen area and wc. There is parking to the rear for four cars accessed by an adopted road to the rear and there is a single garage. Accessed by a separate door at the front, the first floor has a refurbished two bedroomed apartment pre let agreement for £625 pcm and on the second floor there is a large one bedroomed apartment let at £500 pcm. Both flats are registered in council tax band A (circa £100 pcm).There is full planning permission ( granted ) for a 550 sqft extension to the rear with a two bedroomed apartment above.There is also the possibility to convert the large attic space into a studio flat as have the neighbouring properties( one just sold for £75,000 rent out at £375pcm ).The shop has a payable rate of £2400 pa and was let at £9600 pa as a launderette before being closed and stripped out.There is also the opportunity to acquire two new built lock up garages opposite the premises ( 20' x 10' ) for £18,000 each

Commercial with Residential
Freehold
Sell & Rent Back
Other
Mid Terraced
Needs Refurbishment
Parking: Allocated Parking
Garden Type: Rear
No. of bedrooms: 6
No. of reception rooms: 4

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