Retail in IP20 available for sale
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Retail Property for Sale near IP20

Find Retail Property for sale in IP20 that meets your business or investment goals

Retail Properties for Sale Within 10 miles of the IP20

More details for Victoria Road, Diss - Retail for Sale

The Old Cinema - Victoria Road

Diss, IP22 4JN

  • Retail for Sale
  • £450,000
  • 5,447 sq ft
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More details for 53-54 Thoroughfare, Halesworth - Retail for Sale

53-54 Thoroughfare

Halesworth, IP19 8AR

  • Retail for Sale
  • £625,000
  • 4,350 sq ft
  • Commuter Rail

Halesworth Retail for Sale

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.<br/><br/>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.<br/><br/>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.<br/>All four flats are let on residential tenancies and producing a total rental income of £25,860 per annum.<br/><br/>COMMERCIAL ACCOMMODATION<br/><br/>[Approximate Net Internal Floor Areas]<br/><br/> Ground Floor (main retail area): 4,350 sq. ft. (404.09 sq. m.)<br/> Rear glazed extension: 1,184 sq. ft. (109.99 sq. m.)<br/> Rear side store: 839 sq. ft. ( 77.97 sq. m.)<br/> Office and Kitchen 181 sq. ft. ( 16.77 sq. m.)<br/><br/> Total NIA: 6,554 sq. ft. (608.82 sq. m.)<br/><br/>RESIDENTIAL ACCOMMODATION<br/>[Approximate Gross Internal Floor Areas]<br/><br/> Flat 1: 526 sq. ft. ( 48.89 sq. m.)<br/> Flat 2: 652 sq. ft. ( 60.58 sq. m.)<br/> Flat 3: 395 sq. ft. ( 36.72 sq. m.)<br/> Flat 4: 807 sq. ft. ( 75.00 sq. m.)<br/><br/> Total GIA: 2,380 sq. ft. (221.19 sq. m.)<br/><br/>SERVICES <br/><br/>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.<br/><br/>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.<br/><br/>LOCAL AUTHORITY<br/><br/>East Suffolk Council East Suffolk House<br/>Station Rd<br/>Melton<br/>Woodbridge<br/>IP12 1RT Telephone:[use Contact Agent Button]<br/><br/>ENERGY PERFORMANCE CERTIFICATE [EPC] <br/><br/>To be provided. <br/><br/>BUSINESS RATES & COUNCIL TAX<br/><br/>According to the VOA, from the 1st April 2026 the premises are assessed as follows:<br/><br/>Rateable Value : £33,250<br/>Rates Payable (2026/2027): £12,701.50 per annum<br/><br/>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.<br/><br/>All of the four flats are within Council Tax Band A.<br/><br/>TERMS<br/><br/>Offers are invited in the region of £625,000 for the freehold interest , subject to the residential tenancies.<br/><br/>It is believed that the property is VAT exempt although formal confirmation is awaited.<br/><br/>LEGAL COSTS <br/><br/>Each party is to be responsible for their own legal costs.

Contact:

Fenn Wright

Property Subtype:

Shopfront Retail / Residential

Date on Market:

01/12/2025

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More details for 53-53A Mere St, Diss - Retail for Sale

53-53A Mere St

Diss, IP22 4AG

  • Retail for Sale
  • £435,000
  • 1,783 sq ft

Diss Retail for Sale

This Grade II Listed property forms part of a prominent high street parade comprising two ground floor retail units with a self-contained first floor two-bedroom flat. The larger retail unit has an open sales area, rear store, cloakroom, and large detached rear store. The smaller unit has a good sales area, smaller store, and cloakroom facilities. The flat benefits from two double bedrooms, sitting room, kitchen, and shower room. In all, the property extends to approximately 248 sq.m (2,668 sq.ft). To the rear of the building is an extensive car parking and loading area. The total site area extends to 0.12 of an acre. The property is fully let, producing £39,900 per annum across three tenancies. A full summary and copies of the leases and tenancy agreement are available on request. Diss is an attractive and historic market town located approximately 23 miles to the south of Norwich. The property is prominently located in the heart of the town centre on the west side of the pedestrianised Mere Street, which extends directly to Market Place. The property benefits from its close proximity to a wide range of national and independent retailers, cafés, and restaurants within Mere Street including Costa Coffee, Ladbrokes, Holland & Barrett, Boots, Card Factory, Nationwide, and Specsavers. The property benefits from mains electricity, mains water, and mains drainage. Mains gas is connected to the flat. (Durrants have not tested any apparatus, equipment, fittings, or services and so cannot verify they are in working order). Strictly by arrangement with the agents.

Contact:

Durrants

Property Subtype:

Shopfront Retail / Residential

Date on Market:

02/04/2026

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FAQs About Retail Property For Sale in IP20

See All Retail Spaces For Sale
How many retail properties are currently available for sale in IP20?
There are currently 1 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in IP20?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the IP20

With 1 retail units currently available for sale in IP20, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in IP20, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in IP20, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in IP20 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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