Summary - 51, THE ESPLANADE DT4 8DQ
1 bed 1 bath Commercial Property
Large mixed‑use asset with income and residential redevelopment potential by the sea.
Current income £45,000 per year from 90-cover restaurant
Freehold seafront building with direct promenade frontage
Gross internal area 7,364 SqFt — large internal footprint
Grade II listed status — will restrict alterations and increase costs
Upper floors need renovation; top-floor 2-bed flat already converted
Potential for up to five additional flats subject to planning permission
Sold at auction — completion times and conditions apply
Located in very deprived, very high crime area; lettings risk
A rare seafront commercial opportunity on Weymouth’s iconic Esplanade, offered for sale at auction. The building generates a current income of £45,000 per annum from a 90-cover restaurant and includes a two‑bed owner’s flat on the top floor. With a gross internal area of 7,364 sq ft and direct promenade frontage, the asset suits investors wanting immediate income and developers seeking residential conversion potential (STPP).
The property is Grade II listed — an important constraint that will affect alterations and renovations. Upper floors require renovation but offer scope to create additional residential units; marketing suggests potential for up to five extra flats subject to planning. The commercial ground and lower-ground floors are fitted as a trading restaurant with comprehensive kitchen equipment and outdoor seating, enabling continued trading while change-of-use options are pursued.
Practical considerations are clear: the building will be sold at auction, is freehold, and the site sits within a very deprived, high-crime area which may affect lettings and management costs. Services include mains gas, water, drainage and electricity; broadband is average while mobile signal is excellent. Buyers should allow for listed‑building consent, renovation works and potential licencing or planning costs when budgeting.
This is primarily an investor- and developer-focused proposition: those seeking a prominent, high-footfall seafront asset with immediate trading income and meaningful upside through residential redevelopment should consider viewings. Due diligence is essential — confirm income, the listed‑status implications, and Dorset Council planning expectations before bidding at auction.
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