Guide Price: £35,000 to include cafe fixtures and fittings
Originally the Sorting Office for Lyme Regis Post Office these intriguing and quirky premises comprise a Cafe/Tea Room (known as Penny Black Cafe - Unit 3) which provides 23 covers inside and seating for 31 in the delightful sunny courtyard, and two retail areas which have run successfully selling fossils, antiques, curios, collectables, garden ornaments, vintage items etc. This includes an outside display space adjacent to the wide entrance passageway from Broad Street. These are Units 2 and 4.
This is the first time all 3 units have been offered as one lot and the Landlord will take a flexible view on future use including adapting the whole area to a larger cafe or restaurant (subject to planning consent).
The Post Office (Unit 1) is at the front of the building and can be available by separate negotiation which would create one of the largest retail spaces in Broad Street.
The premises enjoy a prominent location in Lyme's principal shopping street just a short walk from the seafront.
The Lease - The Landlord will offer a 5 year lease (opted out i.e. not automatically renewable) on full repairing and insuring terms.
The rent will be £25,000 per annum for the cafe and 2 retail units. The new Tenant will be responsible for the Landlord's legal fees.
Local Authority - Dorset Council, South Walks House, South Walks Road, Dorchester DT1 1UZ
Rateable Value - At present the units are separately rated so would have to be reassessed if the premises are to be occupied as one trading entity.
At present the rateable values are:
Unit 2 - £13,500
Unit 3 - £7,400
Unit 4 - £4,650
and rate relief may be available.
Viewing - Strictly by appointment with the vendor’s agents, Martin Diplock Estate Agents & Valuers, 36 Broad Street, Lyme Regis on .