Commercial Property in Suffolk available for sale
8

Petrol Stations for Sale near Suffolk

Retail Properties for Sale Near the Suffolk

More details for The Street, Chedburgh - Retail for Sale

Marquis Of Cornwallis - The Street

Chedburgh, IP29 4UH

  • Retail for Sale
  • £350,000
  • 2,376 sq ft
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More details for Market Hl, Framlingham - Retail for Sale

Market Hl

Framlingham, IP13 9BD

  • Retail for Sale
  • £400,000
  • 2,059 sq ft
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More details for 6-8 Market Pl, Saxmundham - Retail for Sale

6-8 Market Pl

Saxmundham, IP17 1AG

  • Retail for Sale
  • £225,000
  • 1,069 sq ft
  • Energy Performance: D
  • Commuter Rail

Saxmundham Retail for Sale

Prominent High street location. Located in the market town of Saxmundham, Suffolk, 18 miles North East of Ipswich. New letting to Algorial Retail Ltd providing a 10-year lease at £16,750 pa from 24 September 2021. The building provides a well-configured retail unit with an area totalling C. 1,069 sq ft GIA. Market Place is a traditional shopping street in Saxmundham, a small market town in East Suffolk (Pop approx. 4,100 - source: East Suffolk Coastal Local Plan) approximately 12 miles north of Woodbridge and 6 miles west of the coast at Aldeburgh. The county town of Ipswich is approximately 21 miles to the south. The railway station has regular services to Lowestoft and Ipswich from where there are trains to London Liverpool Street. The station is within a 5-minute walk from the property. Saxmundham is located some 8 miles west of Sizewell/Leiston where the Planning Inspectorate and Central Government have approved the construction of Sizewell C which will be an extension to the existing Nuclear Power Station and which will be constructed by EDF. Enabling works have recently commenced which will lead inevitably to increased business and construction activity in the surrounding area. Retail in Saxmundham is focused along Market Place and The High Street. There are very few multiple retailers in the area with a range of independents including art galleries, hairdressers, and small cafes/take-outs. There are two supermarkets serving the town: a Waitrose to the southeast of the High Street and a Tesco on Church Street opposite. 6-8 Market Place is a circa 1840 Grade II Listed building over 3 storeys, comprising a shop at the front with residential accommodation (which has been sold off on a long lease). The shop front has recently undergone significant external redecoration and improvement works. The ground floor to the front has a plate glass display window along the full length of the frontage with windows on the upper floors fitted with single glazed timber frames. There are two small plate glass shop display windows on the ground floor at the front overlooking Market Place. Retail space at 6/8 Market Place is accessed via a recessed shop front situated at no 8 Market Place. The property benefits from mains gas, electric, water and drainage. The building is located in a conservation area and the building is listed. The premise is let to ALGORIAL RETAIL LTD (Co Number: 12879930) on a 10-year FRI lease commencing on 24 September 2021. The passing rent is £16,750 per annum with an open market rental upwards only rent review in year 5. Market Place is let until September 2031 with no breaks leaving an unexpired lease term of 7 years and 8 months. The rent review in year 5 provides the purchaser with an opportunity for rental growth.

Contact:

Graham & Sibbald

Property Subtype:

Local Shop

Date on Market:

08/03/2024

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More details for 113 London Rd N, Lowestoft - Retail for Sale

113 London Rd N

Lowestoft, NR32 1LX

  • Retail for Sale
  • £250,000
  • 1,291 sq ft

Lowestoft Retail for Sale

Investment Consideration: Gross Initial Yield: 8.00% Rental Income: £20,000 p.a. VAT is applicable to this property Comprises double fronted ground floor shop with rear access Located in the heart of the town centre with occupiers nearby including Marks & Spencer, Tesco Express, Iceland, B&M, Superdrug, Boots the Chemist, Starbucks, Greggs and Sports Direct Property Description: Comprises double fronted retail premises t/a Mobile Phone Shop. The property benefits from rear access and provides the following accommodation and dimensions: Ground Floor: 120 sq m (1,291 sq ft) Open plan retail, Office, Kitchenette, WC Tenure: Long leasehold. To be held on a 999 year lease from completion at a ground rent of peppercorn. Tenancy: The property is at present let to T&S Mobile Repair Ltd (with personal guarantee) for a term of 10 Years from 27th August 2024 at a current rent of £20,000 p.a. and the lease contains full repairing and insuring covenants. Rent review (RPI linked) on 27.08.29. Tenant option to determine on 27.08.29 with minimum 6 months notice. Lease within Landlord & Tenant Act 1954. Deposit held of £5,000. Tenant pays reduced rent of £18,000 p.a. for the first year. The vendor will top-up rent so the buyer receives the equivalent to £20,000 p.a. from completion. Location: Lowestoft is a coastal town and civil parish in the East Suffolk district of Suffolk, situated 110 miles north-east of London, 38 miles north-east of Ipswich and 22 miles south-east of Norwich, and the main town in its district. The property is situated 300 metres from Lowestoft Railway Station with nearby occupiers including Marks & Spencer, Tesco Express, Iceland, B&M, Superdrug, Boots the Chemist, Starbucks, Greggs and Sports Direct.

Contact:

Blue Alpine Partners Ltd

Date on Market:

30/06/2023

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FAQs about Suffolk Petrol Stations For Sale

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How many Petrol Station listings are available for sale in Suffolk?
There are currently 0 Petrol Stations on the market in and around Suffolk.
How much does it cost to buy Petrol Station in Suffolk?
Asking prices in Suffolk range based on market conditions.

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