The Old Watch House, Marine Parade, Lyme Regis
£12,000 pa The monthly or weekly payment required by the landlord. Read our glossary page
A UNIQUELY POSITIONED SHOP PREMISES IN A PRIME LOCATION IN COBB SQUARE, WITH SUPERB VIEWS OF THE COBB HARBOUR
An ideally positioned and unique retail premises situated to the ground floor of The Old Watch House, an historic period property which we understand was originally the Old Coastguards House.
The location is exceptional - very prominent in Cobb Square with superb views of the famous Cobb Harbour, with the beach and seafront amenities being within touching distance.
In addition to the peak Summer holiday trade there are an increasing number of visitors throughout the year, especially at weekends and school holidays.
This is a rare opportunity to purchase a premises such as this in a sought after location, owing to the long standing tenant ('Calico') taking retirement after many years of occupation.
THE PREMISES
Lock-up shop premises on the ground floor of The Old Watch House, an historic period property which we understand was originally the Old Coastguards House.
The location is exceptionally good - very prominent in Cobb Square with superb views of the famous Cobb Harbour. Also close by is the sandy town beach.
In addition to peak summer holiday trade, there are an increasing number of visitors throughout the year, especially at weekends and school holidays.
Lyme Regis is a picturesque coastal town noted for its many character buildings, centuries old Cobb Harbour and unspoilt surrounding countryside. The town centre provides good shopping facilities for day to day needs and the larger centres of Taunton and Exeter are both about 28 miles away. There is a main line railway station at Axminster (6 miles inland). In Lyme Regis there is also a sailing club, bowls, golf course, theatre and numerous local societies.
The town is situated on the beautiful and unspoilt Devon and Dorset 'Jurassic Coast' awarded World Heritage Site status by UNESCO in December 2001.
The Main Shop
11'6" x 18'1" - Floor Area approx. 225 sq. ft. (20.9m sq.)
Good display window to the front with glazed entrance door, recessed forecourt for display purposes, downlighters, understairs cupboard.
Kitchenette and WC
THE LEASE
A new 5 year lease with full repairing and insuring terms will be granted, with a rent review after 3 years. Please note that the lease excludes the Security of Tenure Provisions of the 1954 Landlord & Tenant Act whereby there will be no automatic right to renewal at the end of the term of the lease. The purchaser and prospective tenant will be liable for the landlords legal costs.
THE RENT AND INGOING
Offers are invited based on a guide of £12,000 per annum rental (£1,000 per month), and a £12,000 ingoing.
MATERIAL INFORMATION
Local Authority: Dorset Council
Rateable Value: £6,000 - 100% Rate Relief is available, applicants are advised to make enquiries with Dorset Council.
Please note that The Old Watch House is a Listed Building.
SERVICES
We understand the following to be correct but applicants should verify this with their own enquiries.
Electricity: Mains
Water: Mains
Drainage: Mains
Broadband and Mobile Signal/Coverage: See checker.ofcom.org.uk
VIEWING
Strictly by appointment with the Vendor's Agents, Martin Diplock Estate Agents of 36 Broad Street, Lyme Regis.
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page
Available Date Refers to the date on which a property or rental unit becomes available for occupancy. Read our glossary page
01/01/1900
Size The size of a property or land refers to its physical extent or area. Read our glossary page
250sqft
Use Class A commercial use class refers to a classification system that categorises buildings based on their intended commercial purposes, such as offices, retail spaces, or industrial facilities. Read our glossary page
ASK AGENT
Read more