Cornhill, Dorchester, Dorchester, Dorset, DT1

££775,000 Guide

Retail Property - High Street For Sale

Income Producing Development Opportunity

2 Prime Shops with large upper parts one with immediate development potential and the other passive.

4 and 5 Cornhill sit in a prime location in the main pedestrianised high street in Dorchester, Cornhill through to South Street.

The property comprises two separate Grade II Georgian Properties over 5 floors including basements. Whilst the upper floors are similar 4 Cornhill has been extended at the rear whereas 5 Cornhill has not.

4 Cornhill is let in its entirety to British Heart foundation for a 10 year lease from 30 January 2014 on an FRI lease with 5 yearly reviews at a rent of £43,750pa

5 Cornhill is vacant. The unused upper floors have planning consent** for three 1 bed flats with a smaller shop on ground floor. A new entrance and shop front will need to be formed.

In more detail the accommodation comprises:-
4 Cornhill
Ground floor sales and store 1541sqft
Basement 530sqft
First Floor 573sqft
Second Floor 573sqft
Third Floor 459sqft
Total 3676sqft
RV £39,500

5 Cornhill
Ground Floor Sales 602sqft
Basement 575sqft
First Floor 475sqft
Second floor 337sqft
Third floor 275sqft
Total 2256sqft
RV £31,000 (Listed so exempt when vacant)

Offers are sought for the sale of both properties by private treaty at a guide price of £775,000.

** Planning application Ref P/LBC/2021/02406

4 and 5 Cornhill are situated in the heart of Dorchester in the Cornhill/ South Street pedestrian parade in amongst retailers such as Boots, White Stuff, Seasalt and underpinned by Lloyds Bank on the corner with High West Street. Waitrose is close-by.

Dorchester is a vibrant County Town with a wealthy rural catchment and it is well served by amenities with a good mix of pubs and restaurants close-by, museums, two railway stations (Bristol and London) and a County Hospital. There is a regular market, good quality schools and it is an important all year tourist destination and gateway to the Jurassic Coastline.

Tenure: Share of freehold

Cornhill, Dorchester, Dorchester, Dorset, DT1
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Office Details

30 High West Street

01305 261008

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