Detached house for sale

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Detached house for sale

Broad Street, Lyme Regis
£750,000

Our Summary

  • Whether as a residence, business, or a investment opportunity, 57 & 58 Broad Streetoffers a rare chance to own a piece of Lyme Regis' storied past
  • Each commercial unit is presently tenanted, providing a strong and reliable income stream— making this a highly attractive investment opportunity
  • Historically, the premises comprised two separate townhouses, and subject to the necessary planning permissions there is potential to revert the building back into residential dwellings, adding further flexibility and long-term value

Description

This exceptional freehold commercial property in Lyme Regis offers a rare opportunity to own a piece of the town's rich history. The 17th-century building, with its characteristic architectural features, is nestled in the heart of Lyme Regis and boasts high footfall and excellent visibility. The property spans four floors, with the basement currently used as a restaurant and the upper floors offering mixed-use space for office, retail, and storage. Each unit is tenanted, providing a strong income stream. With potential to revert the building back into residential dwellings, subject to planning permissions, this property offers flexibility and long-term value. Located on Broad Street, the main commercial hub of Lyme Regis, the property benefits from a high level of foot traffic and is within walking distance to the seafront and historic Cobb Harbour. With an estimated annual rent income of £60,000, this property presents a lucrative investment opportunity.