Freehold Town Centre Mixed-Use Investment

Investment Summary

• Opportunity to acquire a prominent freehold mixed-use asset in the heart of Dorchester town centre.
• Situated adjacent to key town centre amenities and just a short walk from Dorchester South and West railway stations.
• Forum Centre comprises approximately 34,716 sq ft of retail and office accommodation, arranged over ground and two upper floors.
• Flexible layout with strong repositioning potential, including re-letting, reconfiguration or redevelopment (subject to planning).
• Anchored by tenants including Iceland, British Heart Foundation and Coral, alongside a mix of local occupiers.
• Current gross income of £183,250 per annum, with scope for significant rental uplift from letting vacant units.
• Asset management opportunities include lease regears, refurbishment of upper floors, and potential to introduce alternative uses.
• Potential for part or full redevelopment, with the building’s scale and location lending itself to residential or other mixed-use schemes (subject to necessary consents).

Our client is seeking offers in excess of £1,500,000 (One Million, Five Hundred Thousand Pounds) for the freehold interest. A purchase at this level reflects a low capital value of £43 per sq ft. Subject to Contract and Exclusive of VAT.