Commercial Property in IP14 available for sale
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Commercial Property for Sale near IP14, Stowmarket

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Commercial Properties for Sale Within 5 miles of the IP14, Stowmarket

More details for 44 Ipswich Rd, Needham Market - Retail for Sale

The Lion Inn - 44 Ipswich Rd

Needham Market, IP6 8EH

  • Retail for Sale
  • £549,000
  • 2,927 sq ft

Needham Market Retail for Sale

The pub is traditionally decorated and benefits from a main bar and lounge bar (20) with open inglenook fireplace, connected to a spacious restaurant area for approximately 50+ covers. Ladies and Gents WC's. Large fully equipped trade kitchen with ancillary dry storage areas. Basement cellar. 1st floor consist of 3 bed private accommodation (2 double and one single), lounge, kitchenette, bathroom. Internal access only. External areas consist of an extensive beer garden with play area, laid to grass that could be used for further seating, and terrace seating area (100). There is a good size car park for c25 cars. Due to the size of the beer garden there is significant potential to host outdoor community events, marquees, beer festivals, as well as glamping options. Purchasers should be made aware that a significant part of the grassed land to the rear has now been sold off and a total site available is now approximately 0.6 acres. This is a genuine retirement sale. Our clients have owned and operated the business for the past 38 years and now feel it is time to retire, hence they have only been operating the business 5 days per week. There is therefore plenty of potential for new ambitious owners to take the business further and increase wet and food led sales plus increase opening hours. The size of the site and extensive garden areas also offer plenty of scope to add marquee space for weddings and events. Profit and loss accounts for the year ended 31st July 2019 show net sales of £467,186, from which a gross profit of £291,197 (62%). An adjusted net operating profit of around £82,000 has been calculated for the year. Accounts will be made available to genuinely interested parties following a formal viewing.

Contact:

Everard Cole

Date on Market:

29/05/2025
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FAQs About Commercial Property For Sale in IP14

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How many commercial properties are currently available for sale in IP14?
There are currently 1 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in IP14?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

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