4 bed flat for sale

St. Mary Street, Weymouth, Dorset DT4

Commercial unit and HMO investment oppertunity

We are thrilled to present this exceptional mixed-use freehold investment property located in the vibrant heart of Weymouth, just a short stroll from the sandy beach and the picturesque harbourside. With a large commercial unit and four bedroom HMO on the three floors above, this property offers a secure and attractive income stream for investors.

The ground floor offers a good sized commercial unit previously used as a high street shop based in a very central location in the main Weymouth town centre. The shop also offers a large basement.

On the first floor you have a large double bedroom, bathroom and communal kitchen.

On the second floor you have another very large bedroom, another double bedroom and a 2nd bathroom

on the third floor you have a double bedroom, and a room ideal for storage purposes.

Weymouth is a bustling seaside town renowned for its charm, tourism appeal, and excellent transport links. This property enjoys a prime central location, making it highly desirable for both commercial and residential tenants.
* Harbour and Beach: Just a short walk to Weymouth's sandy beach and colourful harbourside, attracting year-round footfall and residents.
* Transport Links: Regular train services to London, Bournemouth, Winchester, and Dorchester, plus excellent bus and road connections to surrounding areas.
* Amenities: Surrounded by a thriving community of shops, cafes, and restaurants, adding to its tenant appeal.
* Tourism Hub: Weymouth is a popular destination, ensuring strong demand for both residential and commercial spaces.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.