Property for sale
Property description & features
- Tenure: Freehold
- Freehold investment (currently let)
- Rental income £18,000pa
- Attractive commercial premises
- Total 2653 sq ft floor area
- Self contained maisonette
- 2 Bedrooms
- Good sized rear garden
- Prime East Street location
- Excellent investment opportunity
- Freehold. Rateable Value £12,000 (up to 100% relief available). Council Tax Band B
The Property - 31 East Street is a very attractive freehold period building comprising a lock-up commercial unit with a large self-contained maisonette over and a good sized rear garden, occupying a high profile location within the heart of the town centre.
The substantial three storey building dates back to the early 19th century, with classic red brick front elevations. It is listed grade 2, of architectural or historic importance, and within a Conservation Area.
The lock-up commercial unit has character features including wood flooring, exposed brickwork and high ceilings and comprises a long main/principal commercial area on two levels, cloakroom, utility, kitchen, first floor rear store and basement storage area.
The self-contained maisonette has rear external access from the courtyard garden and features exposed floorboards, high ceilings, marble fireplace and sash windows. The accommodation extends to:
First floor – Kitchen/dining room, inner landing, living room
Second floor – Two double bedrooms, shower room.
Outside - Long enclosed rear courtyard garden.
The Lease/Tenancy - Let on a full repairing and insuring lease at £18,000 per annum. The lease expires in August 2025. The tenants wish to renew and have a new lease next year.
Situation - Occupying a very prominent and busy prime retail town centre location with a whole range of national and independent retailers, professional offices and cafes. Bridport is a thriving and historic market town (considered by BBC Countryfile as one of the best market towns in the UK) and holiday area. Street markets are held twice weekly and the town has an excellent range of business, recreational and social facilities. It is a working town and busy throughout the year. Access to the stunning Jurassic Coast is just 2 miles away at West Bay.
Services - All mains services. Gas-fired boiler.
Broadband - Standard up to 19Mbps and Superfast up to 80Mbps.
Mobile phone service providers available are EE, Three, O2 and Vodafone for voice and data services inside and outside.
(Broadband and mobile phone information taken from Ofcom website Results are predictions and not a guarantee. Actual services available may be different from results and may be affected by network outages).
Business Rates - The rateable value is £12,000 (Business Rates payable by the tenant).
Viewings - Strictly by appointment with Stags Bridport.
Directions - From our Stags office in South Street, proceed up to the Town Hall and turn right into East Street. The property will be seen on the left, just past the Spar.
Residential Lettings - If you are considering investing in a Buy To Let or letting another property and require advice on current rents, yields or general lettings information to ensure you comply, please contact a member of our lettings team on[use Contact Agent Button]or via email [use Contact Agent Button]
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Property reference 33271906. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Stags - Bridport.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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