Freehold Commercial Unit with Asset Management/Development Opportunity
Change of Use Planning Permission Granted
Approximately 1,262 sq ft (117.24 sq m)
Busy and Popular Seaside Holiday Town Location
Directly Opposite Weymouth Railway Station and Close to the Beach Front
Lot 46
Auction 9th May 2024
Vacant Possession
Status Sold
Price £120,000
Sector Development
Auction Venue Live Streamed Auction
Property Information
Location
Miles
37 miles south-west of Bournemouth, 30 miles south of Yeovil and 56 miles east of Exeter
Roads
A30, A354, A37
Rail
Weymouth Railway Station
Air
Bournemouth International Airport
Situation
Weymouth is a busy and popular tourist destination on the coast of Dorset. The property is prominently situated on Queen Street, directly opposite Weymouth Railway Station and a short walk from the beach-front. The immediate locality is a mix of residential and commercial property with numerous local retailers nearby.
Tenure
Freehold.
Location
Miles
37 miles south-west of Bournemouth, 30 miles south of Yeovil and 56 miles east of Exeter
Roads
A30, A354, A37
Rail
Weymouth Railway Station
Air
Bournemouth International Airport
Situation
Weymouth is a busy and popular tourist destination on the coast of Dorset. The property is prominently situated on Queen Street, directly opposite Weymouth Railway Station and a short walk from the beach-front. The immediate locality is a mix of residential and commercial property with numerous local retailers nearby.
Tenure
Freehold.
Description
The property comprises a vacant pub/restaurant on the ground and first floors. The property benefits from being clear and ready for refurbishment.
VAT
VAT is applicable to this lot.
Planning
Planning permission was granted by Dorset Council on 17/09/2019 (non lapsed) under planning reference WP/19/00750/FUL for a change of use from the pub/restaurant to hotel (www.dorsetcouncil.gov.uk).
Note
Please note the property is adjacent to 21 King Street, which is being offered for sale as Lot 45
Completion Period
Six Week Completion
EPC
Band C
Description
The property comprises a vacant pub/restaurant on the ground and first floors. The property benefits from being clear and ready for refurbishment.
VAT
VAT is applicable to this lot.
Planning
Planning permission was granted by Dorset Council on 17/09/2019 (non lapsed) under planning reference WP/19/00750/FUL for a change of use from the pub/restaurant to hotel (www.dorsetcouncil.gov.uk).
Note
Please note the property is adjacent to 21 King Street, which is being offered for sale as Lot 45
Completion Period
Six Week Completion
EPC
Band C
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m (1)
Floor Areas Approx sq ft (1)
Possession
Ground First
Pub/Restaurant Pub/Restaurant
55.84 61.40
(601) (661)
VACANT POSSESSION
Total Approximate Floor Area
117.24
(1,262)
(1) The floor areas stated above have been taken from the Valuation Office Agency (https://www.gov.uk/find-business-rates)
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.