For Sale By Auction | 08:45, 25 October 2023 | Lot 146

62 St. Mary Street, Weymouth, Dorset, DT4 8PP

*Guide | £200,000+ (plus fees)

  • Retail Property (high street)
  • Tenure: Leasehold. The property will be held on a new 999 year lease from completion at a peppercorn ground rent.

Call the team on 020 7625 9007 for more information

Auction Date

Wed 25/10/2023

Auction Time

08:45

Auction Venue

Live Stream

A Commercial Investment Producing £18,000 Per Annum.

The property comprises a ground floor commercial unit situated within a mid terrace building arranged over ground and first floors.

Tenure

Leasehold. The property will be held on a new 999 year lease from completion at a peppercorn ground rent.

Location

The property is situated in Weymouth Harbour close to local shops and amenities. The open spaces of Nothe Gardens are within easy reach. Transport links are provided by Weymouth rail station.

Accommodation

Ground Floor Shop Area

Tenancy

The property is subject to an FRI lease to Trespass Europe Ltd for a term of 5 years commencing 13th November 2020 at a rent of £18,000 per annum.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.