Summary - 15, CORNHILL DT1 1BJ
1 bed 1 bath Commercial Property
**Standout Features:**
- Former bank premises with striking Georgian architectural design
- Total area of 281.46 sq m (3,029 sq ft) spread over three storeys
- Mezzanine floor and external staircase enhancing accessibility
- Prime location in Dorchester’s bustling town center surrounded by popular retailers
- Significant residential development potential, subject to necessary consents
- Current Estimated Rental Value (ERV) of £25,000 p.a. with Gross Initial Yield (GIY) of 7.14%
- Freehold tenure providing long-term ownership benefits
**Summary:**
This impressive three-storey former bank building at 15 Cornhill, Dorchester, presents a rare investment opportunity in a prime pedestrianized location. Boasting a spacious 3,029 sq ft, its elegant Georgian architecture not only lends historical charm but also offers robust potential for varied commercial uses under Class E. With a mezzanine floor complementing the expansive ground floor layout, the property is ideal for conversion into offices or retail units.
Situated amidst a vibrant array of shops and services, the property benefits from high footfall while also offering potential for residential development, adding considerable flexibility for future value enhancement. Buyers should note the application of VAT to the transaction, but with vacant possession and a solid GIY, this property is poised to attract astute investors seeking a mix of commercial and residential prospects. Don’t miss this unique opportunity to make an impactful addition to your portfolio in the heart of Dorchester — arrange a viewing today!
Shop for sale in Unit 1, 43 South Street, Dorchester, Dorset, DT1 1DQ, DT1 — £350,000 • 1 bed • 1 bath • 2192 ft²
Office for sale in Savernake House, High West Street, Dorchester, Dorset, DT1 1UU, DT1 — £275,000 • 1 bed • 1 bath • 2925 ft²
10 bedroom terraced house for sale in High East Street, Dorchester, DT1 — £395,000 • 10 bed • 10 bath
High street retail property for sale in Unit 2, The Brewery, Brewery Square, Dorchester, DT1 1HX, DT1 — £450,000 • 1 bed • 1 bath • 5062 ft²
8 bedroom house for sale in High East Street, Dorchester, Dorset, DT1 — £795,000 • 8 bed • 8 bath • 4042 ft²
3 bedroom terraced house for sale in Church Street, Dorchester, DT1 — £395,000 • 3 bed • 1 bath
