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    Auction House London
    Lot 76
    Commercial Development
    82 St Mary Street &
    24 St Thomas Street, Weymouth, Dorset, DT4 8PJ
    Sold prior to auction, for an undisclosed amount
     
    All
    Number 1
    A Back to Back Mid Terrace Building Arranged to Provide Two Ground Floor Shops with Ancilllary Space on the Above Floors
    6 Week Completion Available

    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 £25,000 and £20,000 per annum per unit.

    Addendum

    Sold Prior
    Legal Pack
    Enquire
    Finance Available
    Stamp Duty Calc
    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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    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.

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