Business for Sale in SHERBORNE, Dorset INVESTMENT PROPERTY OPPORTUNITY

Key Information

Reference

INV36296R

Tenure

999 Year Lease

Status

For Sale

Region

Dorset

Sector

Investment Properties

Annual Sales

£17,000.00 Exc. VAT

Accommodation

No

Business Information

Prime positioned INVESTMENT PROPERTY OPPORTUNITY with quality ‘Blue Chip’ tenant situated in the highly desirable NORTH WEST DORSET town of SHERBORNE, considered one of England’s most beautiful towns, a short distance from the SOMERSET border.

Occupying what is considered a valuable and one of the best trading positions in the town, centrally positioned on the main shopping thoroughfare of Cheap Street where premises are always in demand. Enjoying substantial pedestrian foot flow, surrounded by national retailers, close to famous Abbey, renowned schools, car parks, and desirable residential areas.

Ground floor single fronted property in the region of 600 sq. ft., provides main front retail area, rear storeroom, lobby with access to staff kitchen, and cloakroom facilities. Longstanding quality tenant, lease re-signed 2023 for 10 years, rent £17,000 per annum, review 2026 and 3 yearly thereafter.

Virtual Freehold £250,000 plus VAT Ref: INV36296R