Approximate floor area of 300.00 sq. m. (3,227 sq. ft.)
Change of use potential (subject to consents)
Nearby occupiers include Waitrose, NatWest, Barclays, Waterstones, WHSmith, Mountain Warehouse
VAT Free Investment
Lot 21
Auction 13th December 2023
Vacant Possession
Status Sold
Price £303,000
Sector High Street Retail, Residential, Development
Auction Venue Live Streamed Auction
Property Information
Location
Miles
22 miles west of Bournemouth, 45 miles west of Exeter
Roads
A345, A35, A37
Rail
Dorchester South Railway Station, Dorchester West Railway Station
Air
Bournemouth Airport
Situation
Dorchester is the county town Dorset and a busy and popular tourist and retailing destination. The property is situated on the east side of of South Street in a prime pedestrianised retailing position. Nearby occupiers include Waitrose, NatWest Bank, Barclays Bank, Waterstones, WHSmith, Mountain Warehouse and many further national and local retailers.
Tenure
Freehold.
Location
Miles
22 miles west of Bournemouth, 45 miles west of Exeter
Roads
A345, A35, A37
Rail
Dorchester South Railway Station, Dorchester West Railway Station
Air
Bournemouth Airport
Situation
Dorchester is the county town Dorset and a busy and popular tourist and retailing destination. The property is situated on the east side of of South Street in a prime pedestrianised retailing position. Nearby occupiers include Waitrose, NatWest Bank, Barclays Bank, Waterstones, WHSmith, Mountain Warehouse and many further national and local retailers.
Tenure
Freehold.
Description
The property comprises a former bank building comprising retail accommodation on the ground floor, ancillary accommodation in the basement and office accommodation on the first floor. The property benefits from rear access via Charles Street. The property may be suitable for change of use subject to the necessary consents.
VAT
VAT is not applicable to this lot.
Completion Period
Five week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a former bank building comprising retail accommodation on the ground floor, ancillary accommodation in the basement and office accommodation on the first floor. The property benefits from rear access via Charles Street. The property may be suitable for change of use subject to the necessary consents.
VAT
VAT is not applicable to this lot.
Completion Period
Five week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Possession
Ground Basement First
Former Banking Hall Ancillary Office/Ancillary
142.50 59.40 98.10
(1,533) (639) (1,055)
VACANT POSSESSION
Total
300.00
(3,227) (1)
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
