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Plot for sale
Monmouth Street, Lyme Regis, Dorset, DT7
£499,500
Monmouth Street, Lyme Regis, Dorset, DT7
£499,500
Our Summary
- The maisonette poses potential for renovation to cater for a variety of ventures, currently owner occupied
- It’s prime location, versatile layout, and potential for diverse commercial projects, 14-15 Monmouth Street presents a lucrative opportunity for entrepreneurs in Lyme Regis
- Has potential to be a third bedroom
Description
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Here is a summary of the property description in a single paragraph without a list:
This rare freehold property in the heart of Lyme Regis offers a unique blend of commercial and residential space. The ground floor restaurant has potential for renovation and has been occupied by various restaurateurs since 1971, with a rental value of around £12,000 per annum. The two/three-bedroom maisonette above is currently occupied as a main residence and has stunning views of George's Square and the sea. The property has a prominent position on Monmouth Street, with a mix of blue lias and steel frame construction, and is situated in a vibrant area with a variety of establishments. The commercial space is currently vacant and available with vacant possession, while the maisonette is let at £1,000 per month. The property is a lucrative opportunity for entrepreneurs in Lyme Regis, with potential for diverse commercial projects and a unique blend of residential and commercial space.