£700,000

Property for sale

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Offers in region of

£700,000

Property for sale

Broad Street, Lyme Regis DT7

1 bath
1 reception

Local area information

Property location

Nearby amenities

  • St Michael's Church of England Voluntary Aided Primary School, Lyme Regis 0.3 miles
  • The Woodroffe School 0.7 miles
  • Axminster 4.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

65 Broad Street, Lyme Regis, offers a unique investment and lifestyle opportunity in the heart of this popular coastal town. The property comprises two commercial floors and a split-level maisonette. The ground and basement levels house The Sanctuary Bookshop, an established and much-loved literary haven that has been a fixture of the town for over 25 years. Above the bookshop, the maisonette is currently operating as a charming bed and breakfast, making this property ideal for those seeking a versatile and income-generating venture. Please note, this is a grade 2 listed building, works are required to the exterior & interior of the building to restore it to its full potential.

The Commercial Space:
The ground and basement levels of the property are occupied by The Sanctuary Bookshop, a delightful and character-filled space catering to literary enthusiasts and collectors. The shop has become a staple of Lyme Regis since opening in August 1997, adding to the town's vibrant mix of independent businesses.

Prior to 1997,65 Broad Street in Lyme Regis operated as a restaurant. This was its primary use before it was transformed into The Sanctuary Bookshop. The property's historical use as a restaurant adds an interesting layer to its legacy and highlights its versatility as a commercial space.

The B&B Maisonette:
The upper floors feature a split-level maisonette, currently run as a bed and breakfast offering three guest rooms. With its central location and the charm of being part of a historic property, this space offers great potential for hospitality use or as a private residence.

Local Authority: West Dorset Council.

Rateable Value:
65 Broad Street - £20,000
65 Broad Street B&B - £2,800

Tenure: Freehold.

The current business, including all fixtures, fittings, and furniture, is available and open to negotiation for interested parties

Services: We are advised all services are mains connected.

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Property descriptions and related information displayed on this page are marketing materials provided by - Fortnam Smith & Banwell. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Fortnam Smith & Banwell for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Dorset
  4. Lyme Regis
  5. Broad Street