For Sale – Former Bank Premises with Planning Permission for Mixed Use Conversion

87- 89 Cheap Street, Sherborne DT9 3BG

87 - 89 Cheap Street, Sherborne, Dorset DT9 3BG  Located in the centre of the historic market town of Sherborne  Former Bank Premises  Planning Permission for conversion to two apartments and café/ Restaurant  Freehold for Sale

Sale Guide: £279,000

Location

 The former bank premises, 87 – 89 Cheap Street are prominently situated on Sherborne’s main retailing street, at the junction with Long Street

 Sherborne is an affluent West Dorset Town with a population of just under 10,000 and also benefits from a wide catchment area by way of neighbouring villages and towns. The town is a popular tourist destination benefiting from Sherborne Castle and Abbey and the town is picturesque with many medieval and Georgian buildings. In addition, its popularity is enhanced by two famous public schools.

 Sherborne is renowned for its range of quality independent retailers as well as a variety of national outlets including Fat Face, Joules, Waitrose and Sainsbury’s, Orvis and Costa Coffee.

The Property

 87-89 Cheap Street comprises two buildings which adjoin one another. 87 Cheap Street relates to the former Midland Bank Building located on the corner of Cheap Street and Long Street. 89 Cheap Street is a former shop unit. Both are Grade II listed buildings .

 The property currently provides a banking hall, offices kitchen and stores at ground floor level and WC facilities and store rooms at first floor level.

 Planning permission was granted in December 2019 for change of use of the building from bank (A2 use) to restaurant/cafe (A3 use) & 2no. residential flats (C3 use).

 The proposal is to convert the ground floor of the corner building into a restaurant/café, the first floor of the building into a 1no. residential flat with roof terrace and the ground floor shop unit at no.89 into a 1no. residential flat.

 Plans of the proposed conversion are attached and further details are available from the sale agent

Planning

 Planning permission was granted in December 2019 (Reference Application No:WD/D/19/000555)

 Full Information is available on the Planning Website for West Dorset and further information is available from the Sale Agents

Services

 Mains Water, Electricity Gas and drainage are understood to be provided to the property .

Tenure

 The property as shown for identification purposes on the attached plans is available to purchase freehold with vacant possession.

Sale Guide

 The property is available at a sale guide of £279,000

 VAT will not be charged on the purchase price

Business Rates

 2017 Rateable Value £19,500

EPC

The property has an EPC rating of “D” Further details available from Sale Agent

Viewing

Strictly by appointment with sole agents:-

Robert Clark, Greenslade Taylor Hunt 22 Princes Street, Yeovil, Somerset, BA20 1EQ Telephone: 01935 423474 Email: [email protected]

Ground Floor Ground Floor

Ground Floor Ground Floor

Ground Floor Upper Floor Storage

Important Notice – Property Misdescriptions Act 1981

Whilst we endeavor to make our sales details accurate and reliable, if there is any point which is of particular interest to you, please contact the office and we will be pleased to confirm the position for you, particularly if you are contemplating travelling some distance to view the property. None of the statements contained in these particulars are to be relied upon as statements or representation of fact. Interested applicants are advised to make their own enquiries and investigations before finalising their offer to purchase. We have not tested the appliances, central heating or services. Plans for illustration only. Not to scale.