53-54 Thoroughfare 4,350 sq ft Retail Property Halesworth IP19 8AR £625,000 (£143.68/sq ft)

The property has a wide frontage of approximately 19 metres and is partly arranged over three levels to the front and two levels to the rear. The building was originally configured as two separate shops, which have since been combined to form single retail premises, although some areas remain only partially interconnected.

The ground floor provides extensive retail accommodation with a glazed frontage, including a large open-plan sales area within the main section of the building. A single-storey steel frame side extension provides ancillary accommodation, including stores, an office, kitchen, and WCs. To the rear, a further single-storey timber frame glazed extension offers additional retail space opening onto an enclosed, part-surfaced yard.

Access to the upper-floor tenanted flats is provided via a separate, centrally positioned street entrance. Three, one bedroom flats are arranged over the first floor and the fourth, two bedroom flat is at second floor level. The flats are all served by electric heating and are in varying decorative condition.
All four flats are let on residential tenancies and producing a total rental income of £25,860 per annum.

COMMERCIAL ACCOMMODATION

[Approximate Net Internal Floor Areas]

Ground Floor (main retail area): 4,350 sq. ft. (404.09 sq. m.)
Rear glazed extension: 1,184 sq. ft. (109.99 sq. m.)
Rear side store: 839 sq. ft. ( 77.97 sq. m.)
Office and Kitchen 181 sq. ft. ( 16.77 sq. m.)

Total NIA: 6,554 sq. ft. (608.82 sq. m.)

RESIDENTIAL ACCOMMODATION
[Approximate Gross Internal Floor Areas]

Flat 1: 526 sq. ft. ( 48.89 sq. m.)
Flat 2: 652 sq. ft. ( 60.58 sq. m.)
Flat 3: 395 sq. ft. ( 36.72 sq. m.)
Flat 4: 807 sq. ft. ( 75.00 sq. m.)

Total GIA: 2,380 sq. ft. (221.19 sq. m.)

SERVICES

It is understood the property is connected to mains electricity, gas, water and drainage. The property is served by warm air heating as well as air-conditioning to the rear extension.

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 those serving the property including IT and telecommunications.

LOCAL AUTHORITY

East Suffolk Council East Suffolk House
Station Rd
Melton
Woodbridge
IP12 1RT Telephone:[use Contact Agent Button]

ENERGY PERFORMANCE CERTIFICATE [EPC]

To be provided.

BUSINESS RATES & COUNCIL TAX

According to the VOA, from the 1st April 2026 the premises are assessed as follows:

Rateable Value : £33,250
Rates Payable (2026/2027): £12,701.50 per annum

The Rates Payable referred to above are based on the UBR of £0.382 and assumes the occupier will benefit from Retail, Hospitality & Leisure relief. All interested parties should make their own enquires with the local rating authority in order to verify their rates liability.

All of the four flats are within Council Tax Band A.

TERMS

Offers are invited in the region of £625,000 for the freehold interest , subject to the residential tenancies.

It is believed that the property is VAT exempt although formal confirmation is awaited.

LEGAL COSTS

Each party is to be responsible for their own legal costs.