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Property Type Investment Availability For Sale Size 3000 sqft Energy Performance Rating This property has been graded as D 85
LOCATION Woodbridge is an attractive and affluent town located along the banks of the River Deben. Situated in an Area of Outstanding Natural Beauty, some 8 miles east of Ipswich within close proximity to the Suffolk coast. The town is located just off the A12 which provides access to the A14. The property is situated in Hollesley, a residential village 7.5 miles south east of Woodbridge town centre. The unit is situated in The Street, the main thoroughfare for the village. Other occupiers in the village include a public house and a local car showroom/ mechanics. The store also benefits from being nearby Hollesley Primary School.
KEY POINTS Busy trading store located in an affluent village Only convenience store in the village benefitting from good customer parking in front of the unit The property is let for 16.5 years with no breaks to Martin McColl Limited Total current rents reserved £30,904 per annum rising to £34,121 per annum on 5th December 2024 Fixed uplifts at 2% pa compounded throughout offering guaranteed rental growth Offers in excess of £515,000 Net Initial Yield of 5.73% with a Reversionary Yield of 6.32% in May 2025 The building is a single storey detached property under a pitched and flat roof. The retail shop is arranged over the ground floor with ancillary and staff accommodation to the rear. The sales area incorporates a post office and provides a full range of grocery products, off licence and an ATM. There is ample customer car parking available in front of the store or on the street.
Ground - Sales 2,000 sq ft 186 sq m Ground - Ancillary 1,000 sq ft 93 sq m Total NIA 3,000 sq ft 279 sq m
Tenancy The whole property is let to Martin McColl Limited for a term of 16.5 years from the 5th June 2018 on FRI terms and subject to fixed uplifts at 2% per annum compounded throughout. The passing rent is £30,000 per annum. The vendor will top up the rent to £30,904 per annum from completion until 5th December 2019 by way of a reduction in the purchase price.
Rental Uplifts Year Rent Reversionary Yield 5th December 2024 £34,121 pa 6.32% 5th December 2029 £37,672 pa 6.98%
Covenant McColl’s trade from over 1,600 stores throughout the UK with approximately three quarters of those being convenience stores and the remainder trading as newsagents. Their brands include McColl’s, Martin’s and R. S. McColl. For the year ending 26th November 2017 reported a turnover of £713.391 million, a pre-tax profit of £27.168 million and shareholder’s funds of £186.239 million.
The combined group has a turnover in excess of £1.1bn. It employs over 22,000 full and part-time staff and is visited by over 5 million customers every week. The company floated on the London Stock Exchange in 2014. Further information can be found at:
EPC The property has an EPC rating of D85. A copy of the EPC is available on our website.
VAT The property is not elected for VAT.
Proposal We are instructed to seek offers in excess of £515,000 (Five Hundred and Fifteen Thousand Pounds) subject to contract for the freehold interest, which reflects a net initial yield of 5.73% assuming purchaser's costs at 4.76%.
Convenience Store with Post Office Investment in Affluent Suffolk Village. Let for 16.5 years with no breaks.
Type: Residential, Retail
McColl's The Street, Woodbridge, IP12 3QUGBSuffolkIP12 3QUMcColl's, The Street
Location Stowmarket is a busy market town located within central Suffolk on the A14 between Ipswich, 11 miles to the south east and Bury St Edmunds, 14 miles to the north west. The town has an approximate population of 20,000. The property is situated on Finborough Road (B1115) to the west of the town centre, in a predominately residential area, adjoining a large recreation ground and close to an ASDA supermarket.
Description The property has previously been occupied as a Jewson builders merchants and comprises two buildings arranged around a surfaced forecourt and yard.
The front building provides a showroom area together with small private office, warehouse, with small mezzanine floor, kitchen, WC and rear external store. The building is of brick and blockwork construction, the front section being under a pitched pantile roof, the rear being under a steel truss rafter roof with profile sheet cladding. The premises are served by gas heating and fitted with fluorescent lighting, intruder alarm and CCTV.
The building to the rear of the site provides further warehouse accommodation , with a mezzanine floor. The building is of brickwork construction under a truss rafter roof with profile sheet cladding, accessed via a roller shutter door. The building is fitted with sodium and fluorescent lighting.
A tarmacadam forecourt provides car parking for 10 vehicles and the rear concrete yard provides further external storage.
Services It is understood that the property is connected to mains electricity, gas, water and drainage.
We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility companies in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.
Accommodation The property provides the following approximate gross internal floor areas.
Retail area 149.93 sq m (1,614 sq ft) Warehouse 109.67 sq m(1,180 sq ft) Mezzanine 95.27 sq m (1,026 sq ft) External Store 44.77 sq m ( 482 sq ft)
Warehouse 125.38 sq m (1,350 sq ft) Mezzanine 56.43 sq m ( 607 sq ft)
Total 581.45 sq m (6,259 sq ft)
The site has a total gross area of 0.143 hectares (0.35 acres).
Planning The property has been occupied as a builders merchants although is also considered suitable for alternative commercial uses or redevelopment, subject to planning.
Business Rates The property is currently assessed as follows:
Rateable Value £22,500 Rates Payable (2019/20) £11,047.50 per annum
Local Authority Babergh Mid Suffolk District Council Endeavour House 8 Russell Road Ipswich Suffolk IP1 2BX T: 0300 1234000
Terms Offers are invited in the region of £375,000 for the freehold interest with vacant possession upon completion.
VAT The property is not currently VAT elected although the vendor reserves the right to waive the VAT exemption.
Legal costs Each party is to be responsible for their own legal costs.
( Agency Pilot Software Ref: 14868995 )
26 Finborough Road, Stowmarket, IP14 1PR
Type: Distribution Warehouse, Land, Land, Retail - High Street, Retail Park, Industrial, Commercial Land, Retail
The property is arranged over ground, first and second floors with basement storage and is primarily of brick built construction under a mix of pitched and flat roofs. The property provides a mix of open plan and compartmentalised office/A2 retail space with ground floor reception. There is a passenger lift which runs between ground and first floors only. There is a good sized kitchen on the first floor with WCs located throughout the building. Specification includes: comfort cooling, gas central heating, carpets, rear fire escape and glazed ground floor frontage. ( Agency Pilot Software Ref: 16897 )
40-42 Museum Street, Ipswich, IP1 1JQ
Type: Office, General Retail, Offices, Retail
40-42 Museum Street, Ipswich, IP1 1JQGBIpswich, IpswichSuffolkIP1 1JQ40-42, Museum Street
The commercial units will consist of three newly developed premises in a shell condition with shop fronts installed and capped services. The new units will form part of an extensive residential development which will consist of 150 new apartments with integrated car parking. ( Agency Pilot Software Ref: 4544 )
Unit 3 The Winerack, Key Street, IPSWICH, IP4 1FZ
Type: General Retail, Retail
Unit 3 The Winerack, Key Street, IPSWICH, IP4 1FZGBIpswich, IpswichSuffolkIP4 1BZ35, Key Street
The commercial units will consist of three newly developed premises in a shell condition with shop fronts installed and capped services. The new units will form part of an extensive residential development which will consist of 150 new apartments with integrated car parking. ( Agency Pilot Software Ref: 4543 )
Unit 2 The Winerack, Key Street, IPSWICH, IP4 1FZ
Type: General Retail, Retail
Unit 2 The Winerack, Key Street, IPSWICH, IP4 1FZGBIpswich, IpswichSuffolkIP4 1BZ35, Key Street
The commercial units will consist of three newly developed premises in a shell condition with shop fronts installed and capped services. The new units will form part of an extensive residential development which will consist of 150 new apartments with integrated car parking. ( Agency Pilot Software Ref: 4542 )
Unit 1 The Winerack, Key Street, IPSWICH, IP4 7FZ
Type: General Retail, Retail
Unit 1 The Winerack, Key Street, IPSWICH, IP4 7FZGBIpswich, IpswichSuffolkIP4 1BZ35, Key Street
Excellent mixed residential and retail development opportunity
General information The premises comprise 10 & 12 Market Hill which together form part of a group of Grade II listed buildings of special architectural or historic interest.
Located on the north side of the Market Hill the listing describes a small tablet at the rear of the property, which seems to cover the building as a whole and is dated 1798. There is also a tablet on the first floor of No 10 inscribed EFG 1860-1873 commemorating the residence there of Edward Fitz-Gerald.
The property is set just beneath the Shire Hall which stands at the centre of the Market Hill. The building requires complete modernisation and general improvement and is divided between the commercial use on the ground floor and residential on the two floors above.
Commercial property The ground floor comprises two individual retail units fronting on to Market Hill. No 10 provides a sales area to the front with a rear store room and kitchenette, while No 12 consists of a sales area with two store rooms and a WC to the rear.
Both properties have glazed retail frontages, boarded floors and fluorescent lighting.
The shops provide the following approximate net internal floor areas;
10 Market Hill Sale room 80.17 sq m (325 sq ft) Store 10.42 sq m (112 sq ft) Kitchenette 3.35 sq m (36 sq ft) Totals 43.95 sq m (473 sq ft)
12 Market Hill Sales area 27.44 sq m (295 sq ft) Store one 4.84 sq m (52 sq ft) Store two 9.15 sq m (99 sq ft) Totals 41.44 sq m (446 sq ft)
Total net internal floor area 85.39 sq m (919 sq ft)
Business rates The shops are currently assessed as a whole as follows; Rateable value £16,500 Rates payable (2019/20) - £8,101.50 pa The above rates are based on a UBR for the current year of £0.419 in the pound.
Residential accommodation 10 Market Hill A narrow, steep staircase rises from the shop to a landing with archway and doors to the landing of the neighbouring property, No 12 Market Hill and to;
Living room 15' 5" x 14' 2" (4.7m x 4.32m) With a part slate surround to the fireplace, built in display cabinet, arched recess and two sash windows overlooking the Market Hill.
On this level there is also an internal room 11'1" x 6'10" with three internal cupboards with a bathroom beyond measuring 13'6" x 10" fitted with a bath, basin and wc and with an airing cupboard to one corner.
A steep staircase rises to the second floor landing where there is a roof light and doors to;
Bedroom one 14' 7" x 11' 5" (4.44m x 3.48m) With two sash windows giving peeps of the river in the winter months.
Bedroom two 14' 2" x 11' 11" (4.32m x 3.63m) With a former fireplace. Internal room 7' 3" x 6' 1" (2.21m x 1.85m)
12 Market Hill A door from the passageway between 10 and 12 Market Hill gives access into a communal lobby at the foot of the stairs which rise to a landing area 14'1" x 7'10" maximum overall, the dimensions including the stairwell. A wide opening leads to the inner landing with a further door to the;
Living room 15' 6" x 11' 9" (4.72m x 3.58m) With a painted surround to the brick fireplace and two sash windows overlooking the Market Hill.
Steep stairs lead up from the landing to a lobby landing on the floor above from which there is access into;
Bedroom one 12' x 11' 2" (3.66m x 3.4m) With a brick fireplace and two sash windows.
Bedroom two 11' 9" x 8' 8" (3.58m x 2.64m) With a sash window to the rear. Internal room 16' 4" x 5' 5" (5m x 1.65m)
The outside Extending to the rear of the property, there are two ground floor stores. A flight of wooden steps lead up to a first floor workshop-store in two areas, the initial section 24'2" x 17', the second area 12'7" x 7'.
The garden extends all the way down to Chapel Street but is largely overgrown and currently partly inaccessible. There is a pedestrian gate at the end of the garden to Chapel Street.
Location The properties are in a prominent location on the Market Hill, an area of the town where there are independent retailers, a hotel, pub, restaurant, caf� etc. The town council occupies offices on the ground floor of the Shire Hall which stands at the centre of the Market Hill.
Important information Council Tax Band - C Services - We understand that mains water, drainage and electricity are connected to the property. Tenure - Freehold EPC exempt
Prospective purchasers should be aware that the owner of the neighbouring property, 8 Market Hill, has a pedestrian right of way through the passageway between the two retail units leading to his private garden area and workshop which are located behind the buildings comprising 10 and 12 Market Hill.
A further store room at ground floor level is in the ownership of the neighbouring premises, Fanny & Frank.
( Agency Pilot Software Ref: 14868971 )
10 & 12, Market Hill, Woodbridge, IP12 4LU
Type: Retail - High Street, Retail - High Street, Retail
10 & 12, Market Hill, Woodbridge, IP12 4LUGBSuffolk Coastal, WoodbridgeSuffolkIP12 4LU42, Market Hill
Stanton Europark is located 16 miles from Colchester and 75 miles north east of London. Excellent access is provided to the A12 via the A120 which links with Junction 28 of the M25 and the national motorway network. Harwich International Port is situated on the north of the site and handles both passenger and freight traffic to the continent.
The site comprises two undeveloped lots of green field land. Access to Plot 1 is provided via the Iconfield roundabout, with Plot 2 accessed via the service road opposite the Phoenix Valley development. The land would make an excellent location for a depot, transport yard, plant hire company or lorry park. It would be very suitable for a company already based in Felixstowe with ties to Harwich International Port.
The Harwich Gateway Retail Park is situated immediately to the west of the site and is occupied by companies such as Argos, Costa Coffee, B&M, Homes Bargains, Carpetright and Domino's; Morrisons superstore is immediately opposite the retail park.
The site is offered freehold with vacant possession and offers are sought on an unconditional basis.
We understand that VAT is payable on the purchase price.
We are advised that all mains services are available to the site.
The site lies within the jurisdiction of Tendring District Council. Outline planning permission was granted in March 2012 for the development of industrial warehouse (B8) and general industrial (B2) including ancillary office accommodation, car and lorry parking and associated uses. Application No: 11/00638/OUT
Prime development site of 8.2 acres close to Harwich International Port for sale. Adjacent to Harwich Gateway Retail Park and Morrisons Supermarket
The commercial units will consist of three newly developed premises in a shell condition with shop fronts installed and capped services. The new units will form part of an extensive residential development which will consist of 150 new apartments with integrated car parking. ( Agency Pilot Software Ref: 4374 )
Location Ipswich is the County town of Suffolk with a resident population of approximately 130,000 and a retail catchment of almost 350,000. The town is situated approximately 79 miles north east of central London, 43 miles south of Norwich and 18 miles north east of Colchester.
The property is situated on Falcon Street within the town centre, close to the newly pedestrianised Queen Street and St Nicholas Street junction. The town's two main shopping centres, Sailmakers and the Buttermarket have undergone significant redevelopment and both are located within a short walk of the property. Nearby occupiers include Revolution, New York Exchange, Leaders and a number of independent retailers.
Description The property comprises a two-storey building of masonry construction with a glazed front elevation. The ground floor consists of an open sales area to the front with ancillary rear store rooms and WC facilities. The first floor provides a sales area together with a number of individual rooms currently used as treatment rooms in association with the current tenants use of the premises as a beauty salon. The premises are fitted with LED spot lighting, electric heating and a tiled floor covering.
Accommodation The property provides the following approximate net internal floor areas: Ground Floor: Sales Area 40.96 sq m ( 441 sq ft) WC's -- -- Store 1 3.29 sq m ( 35 sq ft) Store 2 3.21 sq m ( 35 sq ft) Store 3 1.67 sq m ( 18 sq ft) First Floor: Treatment Room 1 6.92 sq m ( 75 sq ft) Treatment Room 2 6.68 sq m ( 72 sq ft) Treatment Room 3 11.70 sq m ( 126 sq ft) Treatment Room 4 8.96 sq m ( 96 sq ft) Store 4 2.90 sq m ( 31 sq ft) Sales Area 23.63 sq m ( 254 sq ft) Total 109.93 sq m ( 1,183 sq ft)
Services We understand that the property is connected to mains electricity, water and drainage. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility providers in connection with the availability and capacity of all those serving the property, including IT and telecommunication links.
Business Rates The property is assessed as follows: Rateable Value: £12,000 Rates Payable (2019/20): £5,892 per annum
Planning The premises are currently used as a beauty salon, and prior to this were used as a restaurant (Class A3).
Local Authority Ipswich Borough Council, Grafton House, 15/17 Russell Road, Ipswich, Suffolk, IP1 2DE Telephone: 01473 432000
Tenancy The property is let to Mr Fry trading as 'Boutique' on a full repairing and insuring business lease for a term of 3 years from 16th April 2017, at a rent of £15,000 per annum.
Terms Offers are invited in the region of £199,500 for the freehold interest, subject to the current tenancy. The property is VAT exempt.
Legal Costs Each party is to be responsible for their own costs. ( Agency Pilot Software Ref: 14868810 )
Woodbridge is a thriving Suffolk market town located on the River Deben approximately 8 miles north east of the county town of Ipswich. The town has an excellent range of shops, restaurants, pubs and recreational facilities.
Although the resident population is only about 11,000 the town draws from a much wider retail and leisure catchment. Woodbridge is also experiencing significant expansion with a range of small and large scale residential and mixed use developments in the process of being built in and around the town. The property is located to the northern end of Church Street, on the east side of the street close to St Mary's Church and the Market Hill. Adjoining occupiers include a variety of independent retailers, offices and residential properties. The main retail district, theatre and river are within a short walk to the south.
Description The property is believed to have been built towards the end of the 19th century and comprises a predominately two storey L shaped building including a private walled garden to the rear. The building is of brick construction, part timber framed and part rendered to the rear, under a pitched slate roof and incorporating a glazed retail frontage to the right hand section of the ground floor. The property is Grade II Listed and within the town's Central Conservation Area.
The internal specification includes gas fired central heating, fluorescent lighting and carpet floor coverings to the office accommodation. Ancillary accommodation includes a small first floor kitchen together with two WC's. The rear section of the building has been unused for some considerable time and requires complete refurbishment.
A small basement can be accessed via an external hatch.
Alternative Uses The property has most recently been used as an estate agent's office although originally comprised a five bedroom private house incorporating a small shop to the right hand side of the ground floor used as a butchers.
Planning permission was granted in 1959 for the change of use of the shop to offices retaining part of the premises for ongoing residential use. Planning permission was then granted in 1979 for the reconfiguration of the interior of the premises.
It is considered that the property has potential for a variety of business uses. Alternatively the property could be converted back to its former predominately residential use, as has been the case with a number of similar properties within the immediate area.
All alternative uses are likely to require planning permission and listed building consent and interested parties are advised to make their own enquiries with the local planning authority.
Accommodation The property provides the following net internal floor areas:
Ground Floor Former shop 22.85 sq m ( 246 sq ft) Main front office (1)28.02 sq m ( 302 sq ft) Office (2) 8.58 sq m( 92 sq ft) Office (3) 7.64 sq m( 82 sq ft) Office (4)11.09 sq m ( 119 sq ft) Former scullery 21.27 sq m ( 229 sq ft) & store (dilapidated) External dilapidated store13.58 sq m ( 146 sq ft)
First Floor Office (6)10.49 sq m ( 113 sq ft) Store (7) 2.79 sq m( 30 sq ft) Office (8) 9.93 sq m( 107 sq ft) Office (9) 9.92 sq m( 107 sq ft) Kitchen 2.00 sq m( 22 sq ft) Cupboard 0.85 sq m( 9 sq ft) Store (10)18.00 sq m ( 194 sq ft) Store (11)15.98 sq m ( 172 sq ft) Store (12) 4.82 sq m ( 52 sq ft) Basement14.87 sq m ( 160 sq ft)
Total net internal area202.68 sq m(2,182 sq ft) Total gross internal area 219.31 sq m(2,361 sq ft)
Business Rates The property is assessed as follows: Rateable Value£9,400 Rates Payable (2018/2019)£4,615.40 per annum
The rates are based upon a UBR for the current year of £0.491. Small Business Rate Relief/Retail Discount may also be available. All interested parties should make their own enquiries with the local rating authority to verify their rates liability.
East Suffolk District Council East Suffolk House Station Road Melton Woodbridge Suffolk IP12 1RT Telephone: 01394 383789
Services We understand that the property is connected to mains electricity, water, gas and drainage.
Terms Offers are invited in the region of £445,000 for the freehold interest.
( Agency Pilot Software Ref: 14868804 )
26 Church Street, Woodbridge, IP12 1DP
Type: Office, Retail - High Street, Land, Retail - High Street, Offices, Retail, Commercial Land
26 Church Street, Woodbridge, IP12 1DPGBSuffolk Coastal, WoodbridgeSuffolkIP12 1DP26, Church Street
129 Connaught Avenue is a three storey brick terraced property comprising a ground floor retail/estate agency shop with self-contained residential flats on the first and second floors. ( Agency Pilot Software Ref: 4360 )
Extensive former social club in prominent Town Centre location The property has traded and housed the Colchester Conservative Club for over 90 years. The property comprises a large three storey period building with a basement, constructed of part timber and part loadbearing brickwork beneath principally tiled roofs together with some single storey felt covered flat roofs. The property is laid out to provide a mixture of open plan and cellular space, which suits the current social club use. The property further provides a 2 bedroom flat on the 3rd floor, a retail unit fronting Colchester High Street let to a private individual and a restaurant to the rear sold off on a long leasehold. ( Agency Pilot Software Ref: 14868796 )
Attractive Grade II Listed Town Centre Commercial Property For Sale
Location Hadleigh is a pleasant market town situated 10 miles west of the county town of Ipswich, with a resident population of approximately 10,000. The property is situated in Queen Street, off the main high street. (See location plan on the back page).
Description The property comprises an attractive Grade II Listed terraced building. The property is of brick construction with a pitched slate roof.
The premises are arranged over two floors with basement storage. The ground floor provides a reception, hairdressers, a number of treatment rooms, WC and shower facilities. The first floor provides further treatment rooms, kitchen and staff room. The basement is currently used for storage. The premises are fitted with fluorescent lighting, gas fired central heating and predominantly laminate wood flooring.
Accommodation The property provides the following approximate net internal floor areas:
Ground Floor Reception 11.94 sq m ( 129 sq ft) Treatment Room 1 10.87 sq m ( 117 sq ft) Treatment Room 2 6.61 sq m ( 71 sq ft) Sun Bed Room 6.33 sq m ( 68 sq ft) Cupboard 2.45 sq m ( 26 sq ft) WC - - WC with shower - - Basement 14.84 sq m ( 160 sq ft) First Floor Treatment Room 3 10.76 sq m ( 116 sq ft) Treatment Room 4 4.74 sq m ( 51 sq ft) Waiting Room 10.78 sq m ( 116 sq ft) Staff Room 3.47 sq m ( 37 sq ft) Kitchen 4.84 sq m ( 52 sq ft) Cupboard 1.78 sq m ( 19 sq ft) Total 89.41 sq m ( 962 sq ft)
Services We understand that the premises are connected to mains electricity, water, gas and drainage. We have not tested any of the services and all interested parties should reply upon their own enquiries with the relevant utility providers in connection with the availability and capacity of all those serving the property, including IT and telecommunication links.
Business Rates The property is assessed as follows: Rateable Value: £7,700 Rates Payable (2019/20): £3,780.70 per annum
The rates are based on a UBR for the current year of 0.491 pence in the pound. Small business rates relief may be available providing up to 100% exemption. All interested parties should consult the local rating authority to verify their rates liability.
Alternative Uses The property is currently occupied as a beauty salon. The property could potentially suit alternative business and residential uses, subject to planning and Listed Building Consent. All interested parties should make their own enquiries with the local planning authority.
Local Authority Babergh and Mid Suffolk District Council, Endeavour House, 8 Russell Road, Ipswich, IP1 2BX. Telephone: 0800 123400.
Terms Offers are invited in the region of £280,000 for the freehold interest with vacant possession upon completion. ( Agency Pilot Software Ref: 14868776 )
Attractive Grade II Listed Town Centre Commercial Property For Sale: - Prominent and well located commercial premises close to the main high street - Suitable for a variety of alternative uses, subject to planning and Listed Building Consent - 89.41 sq m (962 sq ft) - Guide Price £295,000
Under OfferFor rent: £47,500.00 Per AnnumFor sale: £575,000.00
The property comprises a prime retail shop with a fully glazed frontage and storage on two upper floors, located in the heart of the town centre close to Marks and Spencer, Robert Dyas, Paddy Power and Santander. ( Agency Pilot Software Ref: 3726 )
52/53 High Street, COLCHESTER, CO1 1DH
Type: General Retail, Retail
52/53 High Street, COLCHESTER, CO1 1DHGBColchester, ColchesterEssexCO1 1DH56, High Street
Location Felixstowe is a popular East Anglian tourist town with a resident population of approximately 24,000, which increases significantly during the summer tourist season. It is also home to the UK largest container port.
The property is situated on Hamilton Road, the towns main shopping district, in a strong trading position. Neighbouring retailer's include Tesco, Boots, Marks & Spencer, Superdrug, Clinton Cards, Iceland, Clarks, WH Smith and Costa.
Description The property comprises a two storey building of brick construction under a pitched slate roof, with a recent single storey flat roof extension.
The shop has a fully glazed frontage and has recently been extended to the rear. The premises are in shell condition, fitted with surface mounted fluorescent lighting, with a small kitchen and WC facilities to the rear. A staircase leads to a basement area situated to the front of the building. A rear access door leads into an external lobby area and side entrance to the street.
A small courtyard area is situated to the rear of the building with external staircase leading to the first floor flat which has recently been redecorated. The accommodation comprises a large living room to the front with french doors leading onto a balcony (unused). Fully fitted kitchen, large bedroom, bathroom and WC. A staircase leads to the second floor comprising two further bedrooms. The flat benefits from electric central heating.
Accommodation The property provides the following approximate floor areas and dimensions:
Gross external frontage 6.58 m Maximum internal width 6.57 m Maximum shop depth 14.59 m
Flat Living room6.50 m x 4.60 m Bedroom 14.78 m x 4.55 m WC Kitchen2.78 m x 3.47 m Bathroom2.19 m x 2.22 m 2nd floor front bedroom6.50 m x 3.22 m (restricted headroom to part). Rear bedroom4.61 m x 3.68 m (restricted headroom to part).
Business Rates and Council Tax The property is assessed as follows:
Shop Rateable value£22,000 Rates payable (2019/20)£10,802 per annum * (* The tenant may be entitled to rates relief and should make enquiries with the local rating authority).
Flat Council Tax Band A Tax Payable £1,002.
Local Authority East Suffolk District Council East Suffolk House Station Road Melton Woodbridge IP12 1RT T: 01394 383789
Services We understand that the property is connected to mains electricity, water and drainage.
We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and the capacity of all those serving the property, including IT and telecommunication links.
Tenure The property is for sale freehold with vacant possession of the shop and subject to the Assured Shorthold Tenancy in relation to the flat, granted in August 2018, at a rent of £850 pcm.
Terms Offers are invited in the region of £349,500 for the freehold interest.
Alternatively the shop is available to let on a new full repairing and insuring business lease upon terms to be agreed and at an initial rent of £19,750 per annum.
The property is not VAT elected.
( Agency Pilot Software Ref: 14868669 )
79 Hamilton Road, Felixstowe, IP11 7BE
Type: Retail - High Street, Retail - High Street, Retail - High Street, Retail
79 Hamilton Road, Felixstowe, IP11 7BEGBSuffolk Coastal, FelixstoweSuffolkIP11 7BE83, Hamilton Road
Location Ipswich is the county town of Suffolk with a resident population of approximately 130,000 and a retail catchment of almost 320,000. The town is situated approximately 79 miles north east of central London, 43 miles south of Norwich and 18 miles north east of Colchester
The property occupies a prominent position at the entrance to the Whitehouse Industrial Estate on a major roundabout junction on Bury Road, 2.5 miles to the north west of the town centre and within 0.5 miles of the A14/Bury Road intersection.
The property is opposite the Anglia Retail Park and a large Asda supermarket. Neighbouring occupiers include Go Outdoors, The Range, B&M, Carpet Right, Carphone Warehouse, Pizza Hut, KFC, Costa, Asda, Robinson Motor Group, Plumb/Drain and Parts Center, Sliderobes, Enterprise Cars and Screwfix.
Description The property has road frontages to Goddard Road and Goddard Road East.
The building is of steel portal frame construction with brick/blockwork cladding to the elevations under a pitched roof with profile sheet cladding, incorporating translucent roof panels to the workshop areas.
The front and flank walls have been reclad with modern smooth faced panelling, incorporating glazing to the showroom area, the rear elevation being clad in profile sheeting.
The southern end of the building comprises workshop accommodation with two storey ancillary offices to the front.
The workshop is served by two shutter doors and fitted with high level gas heating and sodium lighting. The mid section of the building comprises a large well fitted open plan showroom with glazed frontage, tiled floors, suspended ceilings, gas warm air heating and air conditioning.
Ancillary accommodation in this area includes offices, parts store, customer and staff wc's. A mezzanine area provides a further office, rest room/ canteen and storage.
The northern section of the building comprises a valet workshop served by two shutter doors and incorporating a spray booth and further mezzanine storage.
The site provides extensive parking for a maximum of about 170 vehicles.
Accommodation The property provides the following approximate floor areas and dimensions: Front Office Block Ground floor 44.80 sq m ( 482 sq ft) First floor 44.61 sq m ( 480 sq ft) Workshop 345.86 sq m ( 3,723 sq ft) Showroom, Stores and Offices Ground floor 473.42 sq m ( 5,096 sq ft) Mezzanine 182.36 sq m ( 1,962 sq ft) Valet Workshop Ground floor 241.97 sq m ( 2,605 sq ft) Mezzanine 17.73 sq m ( 191 sq ft) Total 1,350.75 sq m (14,539 sq ft) The total site area is 0.591 hectares (1.46 acres).
Services The property is connected to all mains services. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility companies in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.
Planning The property was originally built in the late 1970's, as a commercial vehicle maintenance workshop. The property is considered suitable for a variety of alternative business, leisure and potentially retail uses, subject to planning. All interested parties should make their own enquiries with the local planning authority.
Business Rates The property is currently assessed as follows: Rateable value £122,000 Rates payable (2019/2020) £61,488 per annum
Terms The property is available to let on a new business lease at an initial rent of £150,000 per annum exclusive. Alternatively offers are invited in the region of £1.75m for the freehold interest with vacant possession upon completion.
VAT The property is VAT elected.
Legal Costs Each party is to be responsible for their own legal costs.
( Agency Pilot Software Ref: 14868636 )
1 Goddard Road East, Ipswich, IP1 5NP
Type: Distribution Warehouse, Showroom, Retail - Out of Town, Industrial, Other Property Types & Opportunities, Retail
Stowmarket EAST is a 54 acre (22 hectare) site with the benefit of outline planning permission for up to 32 acres (13 hectares) of business and industrial development along with a family pub / restaurant and two drive thru restaurants. ( Agency Pilot Software Ref: 14113737 )
StowmarketEAST, Mill Lane, Stowmarket, IP14 5BW
Type: Office, General Industrial, Retail Park, Land, Offices, Industrial, Retail, Commercial Land
Situation The property is located in central Ipswich Lloyds Avenue which connects directly to the Cornhill and the main shopping thoroughfares of Tavern Street and Westgate Street, where there are a number of national retailers represented such as Debenhams, Marks and Spencers, WHSmith, Burtons and the two shopping centres, Sailmakers and The Buttermarket.
Description The property comprises 8 ground floor retail/restaurant premises, first floor self-contained offices and 4 ground rents from flats.
Tenancies The schedule of tenancies is attached. The properties currently produce a rental income of £170,100 per annum exclusive. There is one vacant unit (40 Lloyds Avenue). In December 2018 the rental income will increase to £172,100 and in February 2020 will increase to £197,100.
Price Offers in the region of £2,300,000 are requested for the freehold interest, subject to the existing tenancies, which represents a net initial yield of 6.6%.
Reversionary Freehold Commercial For Sale in Town Centre - 22-42 Lloyds Avenue
Situation The property is situated on the banks of the River Deben within the new Whisstocks development. Deben Wharf comprises 3 commercial units, suitable for a variety of occupiers. Woodbridge Town Council will have a museum onsite and a boat shed with displays. The outside area will hold various events throughout the year. There are 634 car parking spaces close by.
Woodbridge is a very good demographic location with an increasing population in the local area. There are a lot of small to medium sized businesses in the town. The property is close to the Anchor Public House, The Table Restaurant, Riverside Theatre, Deben Swimmimg Pool, Adnams Wine Shop and the Railway Station with regular trains to Ipswich connecting to fast Inter-City services to London Liverpool Street.
Description The property comprises a purpose built retail unit under newly constructed flats above as part of a group of 3 commercial units. The property has a concrete floor and block walls, and is finished as a double glazed shell unit, ready for the tenant to fit out.
Service Charge There is a service charge levied on the property which is currently £1,808.01, which is payable by the tenant.
Terms The property is available to let on new full repairing and insuring lease terms, for a term of years to be agreed, at a commencing rental of £42,700 per annum exclusive, or alternatively for sale on a virtual freehold basis by way of a 999 year lease at a price of £620,000 plus VAT.
To Let/For Sale L/H - Restaurant/Retail/Offices - Unit 3 Deben Wharf, Whisstocks, Woodbridge
Type: Retail, Office, Offices
Unit 3, Deben Wharf, Tide Mill Way, IP12 1FPGBWoodbridgeSuffolkIP12 1FPTide Mill Way