This property presents a compelling investment opportunity in the heart of Lyme Regis, just a stone's throw from the beach. It boasts a historic grade II listed building with rich ecclesiastical history dating back to the late 17th century, previously serving as a family-run Italian restaurant for three decades. Above the restaurant lies a well-sized four-bedroom maisonette, while an additional single-storey annex in the garden has been successfully utilized as a holiday let for over ten years.
The ground floor comprises a fully equipped commercial kitchen and dining area, ideal for immediate operation as a restaurant or conversion into another commercial venue. The existing furniture and kitchen equipment will remain with the property, facilitating an easy transition for prospective restaurateurs.
The upper maisonette is laid out over two levels—featuring a kitchen, sitting room, and bedrooms that offer considerable potential for rental income. There are prior planning approvals granted for transforming this space into two separate 2-bedroom apartments with independent entrances, which were not executed but could be revived to maximize income potential. Additionally, there's scope to convert the entire building into three distinct residential units, subject to obtaining necessary consents.
Retaining numerous period features such as sash windows and exposed beams, this property marries charm with opportunity. The stunning rear gardens have been thoughtfully landscaped to provide private seating areas for guests of the annex. It is situated within walking distance of local amenities and attractions that make Lyme Regis desirable.
Given its prime location in an Area of Outstanding Natural Beauty (AONB) and near popular tourist destinations along the Jurassic Coast World Heritage Site, this property is not only ideal for personal use but also offers significant rental potential in both short-term and long-term markets.
