Income-producing town-centre building with Georgian character and short-lease caveat.
Prime West Street frontage and large glazed display windows
Grade II listed — alterations need listed building consent
Ground-floor retail tenant in situ over 20 years (£15,000 pa)
Two upper flats producing £17,220 pa combined rental income
One flat sold off; 68 years remaining on lease, £50 ground rent
Short lease may prevent mortgage lending or complicate sales
Small plot and narrow/deep Georgian footprint typical of town centre
Area crime rated high — consider lettings and insurance implications
A prominent Grade II listed, mixed‑use high street property in Blandford Forum, arranged over four storeys plus basement. The ground floor houses a long‑standing retail tenant (over 20 years) producing £15,000 pa; two separate upper‑floor flats yield a combined £17,220 pa. One second‑floor flat has been sold off on a long lease with a nominal £50 pa ground rent and 68 years remaining.
This building offers immediate rental income and visible street presence on West Street, close to Market Place and local amenities. The footprint is narrow/deep with traditional Georgian features and large display windows at pavement level — suitable for continued retail use and buy‑to‑let upper floors.
Important drawbacks are factual: the property is Grade II listed, so alterations will require listed‑building consent; the sold flat’s 68‑year lease may deter mortgage lenders and complicate remortgage or future sales; the site has a small plot and town‑centre constraints. Crime levels in the area are described as high, which may affect lettings or insurance costs.
This lot is best suited to an investor or buyer experienced with listed buildings and leasehold complexities. There is potential to enhance value through active asset management, subject to consents and a full inspection of condition and services.
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