£740,000
Retail premises for sale
Property photos
Just added
Offers over
£740,000
(£2,829.83/sq. ft)
Retail premises for sale
West Street, Bridport DT6262 sq. ft
Local area information
Property location
Nearby amenities
- Bridport Primary School 0.5 miles
- Bridport, St Mary's Church of England Primary School 0.5 miles
- Maiden Newton 8.9 miles
- Crewkerne 9.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Bridport to find out more about the local area.
Features and description
- Mixed retail/residential use investment opportunity
- Ground floor retail let to Sue Ryder and well-established local independents
- Three flats let on one overriding Fri lease to Magna Housing
- Retail rental income of £38,375 pa
- Current residential income of £8,450 pa, which is highly reversionary
- Reversionary Yield of 9.17% (October 2027)
- Asset management opportunities to enhance value
24 West Street, Bridport, comprises a well- configured mixed-use investment arranged as three ground floor retail units with residential accommodation above.
The retail elements are fully let to Sue Ryder, Beauty & Beyond, and a private individual trading as Wessex Jewellers, providing a diverse and established tenant mix.
The upper parts comprise three well-maintained self-contained flats, all let on a single agreement to Magna Housing, including one one-bedroom flat and two two-bedroom flats.
Unit 24A is arranged as predominantly open plan retail space and trades successfully as a charity shop, with the tenant having recently renewed their lease.
Units 24B and 24C are let to well-established local independent retailers, contributing to the property’s strong income profile and local appeal.
The retail elements are fully let to Sue Ryder, Beauty & Beyond, and a private individual trading as Wessex Jewellers, providing a diverse and established tenant mix.
The upper parts comprise three well-maintained self-contained flats, all let on a single agreement to Magna Housing, including one one-bedroom flat and two two-bedroom flats.
Unit 24A is arranged as predominantly open plan retail space and trades successfully as a charity shop, with the tenant having recently renewed their lease.
Units 24B and 24C are let to well-established local independent retailers, contributing to the property’s strong income profile and local appeal.
More information
Listed by
Be Real Estate
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Be Real Estate. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Be Real Estate for full details and further information.