1 The Green DT9

1 The Green DT9

Queen's Arms 3.5 miles
Kings Arms 4.3 miles
South Cadbury Road 4.7 miles

The property is a Grade II Listed Building trading as a luxury skincare and lifestyle shop with treatment rooms arranged on ground and two upper floors. The current tenant secured the premises by way of assignment in summer 2017 and carried out a comprehensive refurbishment and quality fit out at that time.

Location

Sherborne is an historic, affluent town in west Dorset with a resident population of nearly 10,000 according to the 2011 census. This is bolstered by several private schools and tourists visiting the towns' various attractions which include an Abbey and two castles. Renowned for its' range of quality independent retailers, it is also home to well-known occupiers to include Waitrose, Boots, WH Smith, Fat Face, Joules, Orvis, Costa and Edinburgh Woollen Mill.

The subject premises are situated on the corner of The Green and Higher Cheap Street at the northern end of the town and immediately adjoin The Green Restaurant. It is close to the main A30 which links the town to Yeovil (6 miles to west) and Shaftesbury (16 miles to east) and forms the principal vehicular route to the town's main carpark. Restricted on street car parking is available close by.

Terms & Conditions

Freehold, subject to the current lease.

The lease is held by Mrs Rosemary Sumner-Pike trading as Amelia Rose.

An existing 12 year full repairing and insuring lease from 26 May 2009 with 3 yearly rent reviews. The next review is due May 2018 at a current rent of £17,880 per annum exclusive.

Situational Details
Tenure
Freehold £298,500 Offers in the region of
Type
Investments (Retail, Leisure & Hotels)
Carter Jonas reference
20010521
Search similar in neighbouring areas
Thinking of selling?

FIND OUT WHAT YOUR PROPERTY IS WORTH