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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

INCOME PRODUCING INVESTMENT***Multi-let to two retail tenants and one office tenant. Ground floor tenants Costa and Vodafone producing £105,400 Total per annum. EXCELLENT TRADING POSITION.

8 Cornhill -Costa - Part Basement, Gf, 1st2nd floors -7,878 sqft £62,000pa 10 years from 28.11.2018 8a Cornhill -Vodafone - Part Basement & Gf - 1,020 sq ft £30,000 pa 000pa 5 years from 03.03.2025

27 Durngate St - The Walnut Grove (Dorchester) – Gf -494 sq ft £13,400 pa 10 years from 25.03.2024 27 Durngate St -1st Floor - 465 sq ft Vacant 2nd Floor -460 sq ft Vacant

FULL BUILDING Over Ground, first, second floor and basement levels. The area has been calculated to extend to the following net areas: Approx. 958.46 sqm (10,317 sq ft)

Pedestrianised location in an attractive and prosperous market town. Close to Dorchester West Station. Occupiers close by include Boots, Toni & Guy, EE, Greggs and Holland & Barrett

INCOME PRODUCING INVESTMENT***Multi-let to two retail tenants and one office tenant. Ground floor tenants Costa and Vodafone producing £105,400 Total per annum. EXCELLENT TRADING POSITION. 8 Cornhill -Costa - Part Basement, Gf, 1st2nd floors -7,878 sqft £62,000pa 10 years from 28.11.2018 8a Cornhill -Vodafone - Part Basement & Gf - 1,020 sq ft £30,000 pa 000pa 5 years from 03.03.2025 27 Durngate St - The Walnut Grove (Dorchester) – Gf -494 sq ft £13,400 pa 10 years from 25.03.2024 27 Durngate St -1st Floor - 465 sq ft Vacant 2nd Floor -460 sq ft Vacant FULL BUILDING Over Ground, first, second floor and basement levels. The area has been calculated to extend to the following net areas: Approx. 958.46 sqm (10,317 sq ft) Pedestrianised location in an attractive and prosperous market town. Close to Dorchester West Station. Occupiers close by include Boots, Toni & Guy, EE, Greggs and Holland & Barrett

These streets are in the heart of the town’s traditional commercial / shopping area, just off the main historic core around South Street and High East Street. Durngate Street meets Cornhill (or the corner of the Cornhill area) at the eastern end of Cornhill.nThis junction is in the pedestrian and shopping part of the town centre, close to other streets like South Street.

Full Address:  8 Cornhill and 27 Durngate Street, Dorchester, Dorset, DT1 1BA

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length:
Rent: £105,400 per year / £8,783 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes: 8 Cornhill -Costa - Part Basement, Gf, 1st2nd floors -7,878 sqft £62,000pa 10 years from 28.11.2018 8a Cornhill -Vodafone - Part Basement & Gf - 1,020 sq ft £30,000 pa 000pa 5 years from 03.03.2025 27 Durngate St - The Walnut Grove (Dorchester) – Gf -494 sq ft £13,400 pa 10 years from 25.03.2024 27 Durngate St -1st Floor - 465 sq ft Vacant 2nd Floor -460 sq ft Vacant

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Pricing Information & Bidding

Opening Bid: £1,197,000

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SPECIAL Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

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Auction Details

Date & Time: 19 February 2026, 10am-3pm
Type: Timed Online Auction

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