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15 Cornhill 3,029 SF Vacant Retail Building Dorchester DT1 1BJ $446,082 CAD ($147.27 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Former Bank Building
  • Large glazed display windows.
  • High Footfall Pedestrianised Street

EXECUTIVE SUMMARY

Investment Consideration:
Vacant possession
ERV: £25,000 p.a. GIY: 7.14%
VAT is applicable to this property
Comprises three-storey former bank premises
To be sold in Savills auction on 10th February 2026
Total area size: 281.46 sq m (3,029 sq ft)
Suitable for variety of uses (Class E)
Residential development potential, subject to obtaining the necessary consents
Property benefits from mezzanine floor between ground and first floor, and external staircase at rear between ground and second floor
Situated in the heart of Dorchester Town Centre with occupiers nearby including Boots Opticians, The Works, British Heart Foundation, Costa Coffee, H. Samuel, and many more.
Property Description:
Comprises large three-storey former bank premises with additional storage at basement, providing the following accommodation and dimensions:
Ground Floor: 108.96 sq m (1,173 sq ft)
Open plan retail, Offices, Storage
Basement: 34.13 sq m (367 sq ft)
Storage
Mezzanine: 16.9 sq m (182 sq ft)
Storage, Ladies WC
First Floor: 82.94 sq m (893 sq ft)
Offices, Storage, Gents WC
Second Floor: 38.53 sq m (414 sq ft)
Offices, Kitchen
Total area size: 281.46 sq m (3,029 sq ft)
Location:
Dorchester is the county town of Dorset, England. It is situated between Poole and Bridport on the A35 trunk route. A historic market town, Dorchester is on the banks of the River Frome to the south of the Dorset Downs and north of the South Dorset Ridgeway that separates the area from Weymouth, 7 miles to the south. The property occupies a prime pedestrianised trading position within Dorchester's principal trading thoroughfare of South Street adjacent to Boots Opticians and nearby to White Stuff, The Works, British Heart Foundation and Costa Coffee.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,029 SF
Building Class
B
Year Built
1902
Price
$446,082 CAD
Price Per SF
$147.27 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
5 Stories
Building FAR
2.32
Lot Size
0.03 AC

AMENITIES

  • 24 Hour Access
  • Storage Space
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • Ground
  • 1,173 SF
  • Retail
  • -
  • Now

Property Features: Comprises three-storey retail premises Suitable for variety of uses (Class E) Total area size: 281.46 sq m (3,029 sq ft) VAT is applicable to this property Available on a new long-term lease Terms to be agreed by negotiation Occupiers close by include Boots Opticians, The Works, British Heart Foundation, Costa Coffee, H. Samuel, and many more. Property Description: Comprises large three-storey former bank premises with additional storage at basement, providing the following accommodation and dimensions: Ground Floor: 108.96 sq m (1,173 sq ft) Open plan retail, Offices, Storage Basement: 34.13 sq m (367 sq ft) Storage Mezzanine: 16.9 sq m (182 sq ft) Storage, Ladies WC First Floor: 82.94 sq m (893 sq ft) Offices, Storage, Gents WC Second Floor: 38.53 sq m (414 sq ft) Offices, Kitchen Total area size: 281.46 sq m (3,029 sq ft) Terms: Available on a new lease with terms to be agreed by negotiation Rent: £480.77 + VAT per week (PCM: £2,083.33 + VAT) Deposit: £6,250 (3 Months) Rateable Value: Rateable Value - £40,250 p.a. Rates Payable - £20,600 p.a. EPC: The property benefits from a D Rating. Certificate and further details available on request. Location: Dorchester is the county town of Dorset, England. It is situated between Poole and Bridport on the A35 trunk route. A historic market town, Dorchester is on the banks of the River Frome to the south of the Dorset Downs and north of the South Dorset Ridgeway that separates the area from Weymouth, 7 miles to the south. The property occupies a prime pedestrianised trading position within Dorchester's principal trading thoroughfare of South Street adjacent to Boots Opticians and nearby to White Stuff, The Works, British Heart Foundation and Costa Coffee.

Space Size Space Use Position Available
Ground 1,173 SF Retail - Now

Ground

Size
1,173 SF
Space Use
Retail
Position
-
Available
Now

Ground

Size 1,173 SF
Space Use Retail
Position -
Available Now

Property Features: Comprises three-storey retail premises Suitable for variety of uses (Class E) Total area size: 281.46 sq m (3,029 sq ft) VAT is applicable to this property Available on a new long-term lease Terms to be agreed by negotiation Occupiers close by include Boots Opticians, The Works, British Heart Foundation, Costa Coffee, H. Samuel, and many more. Property Description: Comprises large three-storey former bank premises with additional storage at basement, providing the following accommodation and dimensions: Ground Floor: 108.96 sq m (1,173 sq ft) Open plan retail, Offices, Storage Basement: 34.13 sq m (367 sq ft) Storage Mezzanine: 16.9 sq m (182 sq ft) Storage, Ladies WC First Floor: 82.94 sq m (893 sq ft) Offices, Storage, Gents WC Second Floor: 38.53 sq m (414 sq ft) Offices, Kitchen Total area size: 281.46 sq m (3,029 sq ft) Terms: Available on a new lease with terms to be agreed by negotiation Rent: £480.77 + VAT per week (PCM: £2,083.33 + VAT) Deposit: £6,250 (3 Months) Rateable Value: Rateable Value - £40,250 p.a. Rates Payable - £20,600 p.a. EPC: The property benefits from a D Rating. Certificate and further details available on request. Location: Dorchester is the county town of Dorset, England. It is situated between Poole and Bridport on the A35 trunk route. A historic market town, Dorchester is on the banks of the River Frome to the south of the Dorset Downs and north of the South Dorset Ridgeway that separates the area from Weymouth, 7 miles to the south. The property occupies a prime pedestrianised trading position within Dorchester's principal trading thoroughfare of South Street adjacent to Boots Opticians and nearby to White Stuff, The Works, British Heart Foundation and Costa Coffee.

NEARBY MAJOR RETAILERS

Caffè Nero
Costa Coffee
Waitrose & Partners
Barclays
Iceland
Co-op
Anytime Fitness
The Gym Group
Nando's
Lounges
  • Listing ID: 32578186

  • Date on Market: 2024-07-25

  • Last Updated:

  • Address: 15 Cornhill, Dorchester DT1 1BJ

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