St. Michaels Lane, Bridport

£375,000

Guide price

  • Bedrooms: 2
OPEN GUIDE PRICE £375,000 - £400,000 - An exciting investment/redevelopment opportunity - a large period building comprising 4 apartments and a store building in a prime position close to the town centre. EPC Bands E,F and G.

THE PROPERTY

A substantial attached period building comprising 2 self-contained maisonettes, 2 top floor apartments and a commercial unit/store, offering a rarely-available investment opportunity in a prime position within Bridport town centre. With 4 of the properties currently let under Assured Shorthold Tenancies (currently attracting a combined income of more than £1500pcm), there is the opportunity of a new owner to realise an income immediately, and the building offers scope for sympathetic refurbishment and improvement.

50 ST MICHAELS LANE

A 2 bedroom maisonette with accommodation arranged over 2 floors and benefitting from it's own entrance door. The accommodation comprises entrance hallway, 2 reception rooms, kitchen, 2 generous double bedrooms and bathroom. Currently let on an Assured Shorthold Tenancy. EPC Band E - please contaact us for the full report.

50a ST MICHAELS LANE

A 3 bedroom, 2 storey maisonette with accommodation arranged over 2 floors and benefitting from it's own entrance door. the accommodation comprises entrance hallway, 2 reception rooms, kitchen, 3 bedrooms (2 doubles and 1 single) and bathroom. EPC Band E - please contact us for the full report.

50b FLAT 1 ST MICHAELS LANE

A well proportioned, top floor studio apartment with accommodation comprising; Shared entrance door, stairwell and hallway (shared with 50b Flat 2), inner hallway, sitting room/bedroom, kitchen/dining room, bathroom. Currently let on an Assured Shorthold Tenancy. EPC Band F - please contact us for the full report.

50b FLAT 2 ST MICHAELS LANE

A well proportioned 1 bedroom top floor apartment with accommodation comprising shared entrance door, stairwell and hallway (shared with 50b Flat 1), inner hall, kitchen, sitting/dining room, bedroom, bathroom. Currently let on an Assured Shorthold Tenancy. EPC band G - please contact us for the full report.

50C ST MICHAELS LANE

A single storey, self-contained store building with accommodation comprising entrance lobby, store room, cloakroom and external store/former coal shed. Currently let.

TENURE

The building is freehold. 50, 50b Flat 1, 50b Flat 2 and 50c are subject to the existing tenancies. 50a is offered with vacant posession.

SITUATION

The building enjoys a prime position within easy reach of Bridport town centre and therefore very close to a range of amenities including a Waitrose supermarket. Extensive street markets are held twice weekly and the town has an excellent range of shopping facilities including national and independent retailers, primary and secondary schools, recreational and social amenities and a popular leisure centre with a swimming pool. West Bay is only 1.5 miles to the south, forming part of the stunning Jurassic Coast World Heritage Site, and the West Dorset area as a whole is designated one of Outstanding Natural Beauty. The building is located in a Conservation Area.

SERVICES

Mains water, electricty and drainage throughout. Some night storage heaters in 50 and 50a.

VIEWNGS

Strictly by appointment with Stags Bridport office, telephone 01308 428000.

DIRECTIONS

From Bridport town hall proceed along West Street and at the mini-roundabout turn left onto Tannery Road. Follow this road past the Hope and Anchor pub and the property can be found on the right hand side, opposite the public car park.

Arrange viewing 01308 301006

Stags - Bridport

29 South Street, Bridport, Dorset, DT6 3NR

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