Auction House London

Lot 55A

Commercial Development - Commercial Property 

82 St Mary Street &

24 St Thomas Street, Weymouth, Dorset, DT4 8PJ

£275,000+

Guide Price (plus fees)

A Back to Back Mid Terrace Building Arranged to Provide Two Ground Floor Shops with Ancilllary Space on the Above Floors

Description

The property comprises a back to back mid terrace building arranged to provide two ground floor shops with ancillary space on first, second and third floors. Plans have been drawn up to convert the upper floors to eight flats (7 x one bedroom, 1 x studio). No planning application has been submitted for this scheme. Drawings of the proposed plans are available for inspection upon request. Auction House London make no representations or warranties with regard to this scheme and/or the validity of the aforementioned plans. Buyers must rely on their own enquiries with regard to any development potential, permissions required and any previous planning history in respect of this site.

Tenure

Freehold

Location

The property is situated in Weymouth Harbour close to local shops and amenities. Nearby multiples include Tesco Express, Vodafone and Lloyds Bank. The open spaces of Weymouth Beach are within easy reach. Transport links are provided by Weymouth rail station.

Proposed Accommodation

Ground Floor
Two Shops
G.I.A. Approx 240 sq m

First Floor
Flat 1 - One Bedroom Flat
Flat 2 - One Bedroom Flat
Flat 3 - One Bedroom Flat
Flat 4 - One Bedroom Flat
G.I.A. Approx 239 sq m

Mezzanine Floor
Flat 5 - Studio Room
G.I.A. Approx 38 sq m

Second Floor
Flat 5 - Bathroom
Flat 6 - One Bedroom Flat
Flat 7 - Reception Room/Kitchen & WC
G.I.A. Approx 89 sq m

Third Floor
Flat 7 - Bedroom, Bathroom & Utility Room
Flat 8 - One Bedroom Flat
G.I.A. Approx 78 sq m

Total G.I.A. Approx 684 sq m

Note

The vendor has advised that the shops have an estimated rental value of £20,000 per annum per unit.

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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Open House Viewings: Viewing Schedule (No Booking Required)

Monday 7th October12:00 - 12:30

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Thursday 10th October12:00 - 12:30

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Saturday 12th October12:00 - 12:30

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Monday 14th October12:00 - 12:30

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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