65 Cheap Street DT9

1,265 sq ft (117.5 sq m)

Investment for sale.

Let to JG Foods Ltd T/A Grape Tree.

The premises are available freehold with the upper floor flats sold off on a peppercorn, subject to the lease to JG Foods Ltd available at a price of £367,600 which shows 7.33%, assuming purchaser's costs at 3.94% on a rent of £28,000 per annum exclusive.

Key Features

• An EPC certificate with a rate of C (74) is available upon request.

Location

Sherborne is an historic, affluent town in Dorset with a resident population of nearly 10,000*.This is bolstered by several private schools and tourists visiting the towns' various attractions which include an Abbey and two castles. Easy access to the main A30 links the town to Yeovil (6 miles to west) and Shaftesbury (16 miles to east).

Visitor numbers are boosted by numerous events through the year which includes various markets to include The Sherborne Artisan Market which is held on the first Sunday of each month with stalls throughout the town and weekly markets held on Thursdays and Saturdays at the bottom of Cheap Street.

Renowned for its' range of quality independent retailers, the premises immediately adjoin Sense (fitting out June 23) and Reeve The Baker, whilst opposite WH Smith, Caffe Nero, Trespass, Rohan and Fat Face. Other well-known occupiers include Waitrose, Crew, Costa, Susie Watson Designs and Biggie Best.

Terms & Conditions

The premises are available freehold with the upper floor flats sold off on a peppercorn, subject to the lease to JG Foods Ltd available at a price of £367,600 which shows 7.33%, assuming purchaser's costs at 3.94% on a rent of £28,000 per annum exclusive.