Guide Price: £95,000 (plus stock at valuation)
Ryder & Hope is a well established and very successful lifestyle shop occupying a prime location in Lyme's main shopping street just a short walk to the seafront. The shop is on the ground floor of a beautiful Grade II Listed building.
The business has been trading for over 6 years, with a strong and loyal customer base, locally, nationally and online. In that time Ryder & Hope has created a strong brand and identity, offering well made products that have been carefully chosen, as well as own brand products and a strong offering from local markers and artists.
Ryder & Hope also has huge potential to expand online trading through marketing and social media. The current website is excellent. Ryder & Hope could be mirrored to other bricks and mortar locations if desired to own multiple shops.
Lyme Regis features a wide range of independent shops and attracts visitors throughout the year, not just at peak holiday times. It is a picturesque coastal town on the Jurassic Coast noted for its history and architecture, centuries old Cobb Harbour and unspoilt surrounding countryside.
The premises have a charming period shop front with 2 large display windows and central glazed entrance door to:
The Main Shop
27'9 x 19' (8.46m x 5.80m)
15'6 x 9'10 (4.72m x 3.00m)
We understand the Landlord will grant:
- A new 5 year lease at a rental of £19,000 per annum.
- Use Class - Retail Use (non-foodstuffs).
- Water - included in rent.
- Landlord to pay buildings insurance.
- Landlord to maintain the structure.
- Tenant responsible for internal and shop front decoration and light fittings.
- The lease will be 'opted out' of the Security of Tenure provisions of the 1954 Landlords and Tenant Act.
Dorset Council, South Walks House, South Walks Road, Dorchester DT1 1UZ
Please note: we understand that the current tenants are eligible for 100% rate relief but applicants should verify this with the Local Authority.
Strictly by appointment with the vendor's agents, Martin Diplock Estate Agents & Valuers, 36 Broad Street, Lyme Regis on (01297) 445500.