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Retail to let - Unit 1 The Brewery, 1 Brewery Square, Dorchester, DT1 1HX

Unit 1 The Brewery, 1 Brewery Square, Dorchester, DT1 1HX

Retail to let - Unit 1 The Brewery, 1 Brewery Square, Dorchester, DT1 1HX
Photos via Savills
Rent
£55,000 pa
Size
3,826 sq ft
Tenure
long leasehold
Listed
17 days ago

Property Description

<strong>Dorset’s County Town</strong><br>Dorchester is the County Town of Dorset and is situated approximately 30 miles west of Bournemouth, 8 miles north of Weymouth and 24 miles west of Poole. The A35 around the south of the Town provides good road communications eastwards to the A31 and M27 and westwards to Exeter. There is a mainline railway station approximately 200m from the property which provides services to London Waterloo.<br /> <br /> There has been a surge of development activity in the Town including the Duchy of Cornwall’s celebrated development known as Poundbury and Brewery Square, a mixed use development in the Town Centre.<br><br><strong>Brewery Square</strong><br>A VIBRANT MIXED USE DEVELOPMENT LOCATED IN THE HEART OF THE TOWN CENTRE <br /> <br /> The development sits on the site of the former Eldridge Pope Brewery which operated from the late 19th century until the early 21st century. <br /> <br /> The scheme features a range of amenities, including residential apartments, office space, restaurants, cafes, bars, shops and leisure facilities, all set around a central public square. The design of the development seamlessly blends the historic architecture of the original Brewery with modern, contemporary buildings creating a unique and exciting environment.<br /> <br /> The development is home to a number of well known retailers and occupiers including Waitrose, Zizzi’s, Nandos and Pizza Express, as well as a range of independents shops and restaurants.<br /> <br /> The development also features a state of the art Odeon Cinema.<br><br><strong>Property Description</strong><br>A Grade II Listed premises, arranged over ground floor and basement with an outside seating area with frontage to The Square and Fountain.<br><br><strong>EPC</strong><br>B-33<br><br><strong>Rateable Value</strong><br>2023 - £61,500<br><br><strong>Tenure</strong><br>The premises are secured by way of a 1,000 year lease from 1 January 2020, subject to a peppercorn rental.<br><br><strong>Guide Price & Rental Guide</strong><br>Offers are invited in the order of £750,000 for the long leasehold interest. Alternatively a new sub-lease (term to be agreed) is available at nil premium but seeking rental offers in excess of £55,000 per annum.<br><br><strong>Viewing</strong><br>The former business has recently ceased trading and is therefore closed. For a formal viewing by appointment with Savills and joint agents Maxgate Properties.<br><br>

Total annual occupancy cost

Estimate only — confirm exact figures with the agent.

Rent
£55,000
Total per year
£55,000
£4,583 / month≈ £14.38 / sq ft / year
Agent hasn’t listed rates or service charge — ask them below.
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S
Savills

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Location

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