LOT 10 · COMMERCIAL PROPERTY
46 South Street & 4/5 Trinity Street
Dorchester, DT1 1DQ
Property description
The property presents a high-yielding retail investment and development opportunity in a prime pedestrianised location in Dorchester.
Currently configured as three retail units with yard space, the property benefits from dual frontages on South Street and Trinity Street. It is fully let to three tenants, generating a total annual rent of £99,333, with fixed rental uplifts in place. Reflecting a yield 2025 Yield: 10.27% and 2026 Yield 10.36%
Additionally, the property has two separate planning consents (Ref: P/PACD/2023/03638 and P/FUL/2021/04625) for the conversion of the upper floors into six residential flats (three one-bedroom and three two-bedroom units).
Location
The property is strategically situated in Dorchester's town center, featuring dual frontages: the pedestrianised South Street at the front and Trinity Street at the rear. South Street serves as the primary pedestrian thoroughfare connecting several town center car parks, collectively offering approximately 415 parking spaces.
The surrounding area hosts a variety of national retailers, including Waterstones, New Look, Caffè Nero, and Fat Face. Additionally, the nearby Tudor Arcade, anchored by a Waitrose supermarket, enhances the retail appeal of the vicinity.
Run the Numbers
Explore rental returns and monthly repayments for this property.
Your rental returns
- Gross yield
- 10.2%
- Net yield
- 10.2%
- Annual income
- £99,336
Net yield deducts your annual running costs, before tax and finance.
Yields use the purchase price and assume 12 months’ rent. Include maintenance, insurance, management and vacancy allowances in annual costs. Tax, finance and purchase fees are excluded.
Illustrative estimates only, not financial advice or a lending offer. Confirm funding and the completion deadline before bidding.
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