Retail in Needham Market available for sale
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Retail Property for Sale near Needham Market, UK

Explore the Latest Needham Market Retail Properties for Sale

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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Retail Properties for Sale Within 10 miles of the Needham Market, UK

More details for 41-43 Westgate St, Ipswich - Retail for Sale

41-43 Westgate St

Ipswich, IP1 3DX

  • Retail for Sale
  • £320,000
  • 4,331 sq ft
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More details for Thoroughfare, Woodbridge - Retail for Sale

Beresford House - Thoroughfare

Woodbridge, IP12 1AL

  • Retail for Sale
  • £750,000
  • 1,202 sq ft

Woodbridge Retail for Sale

FREEHOLD VACANT APARTMENT & TENANTED SHOP PRODUCING £24,600 PAX - <br/><br/>LOCATION:<br/><br/>Woodbridge is a thriving Suffolk market town located on the River Deben, approximately 9 miles north east of the county town of Ipswich. The town's railway station links with Ipswich providing a connecting service to London, Norwich and Cambridge.<br/><br/>Beresford House is situated in the town centre, on the east side of Thoroughfare and within a short walk of Elmhurst Park, the river and marina.<br/><br/>Adjoining occupiers include a variety of national, regional and local retailers and residential properties.<br/><br/>DESCRIPTION:<br/><br/>The property comprises a Grade II* Listed building, the principal accommodation arranged upon two floors together with attic room and basement.<br/><br/>The ground floor comprises a self contained tea room, trading as Maeve's Tea Room. The premises are arranged on either side of a central entrance, the accommodation extending to the rear and overlooking an enclosed courtyard garden which provides further seating. The premises include a fully fitted commercial kitchen and basement storage.<br/><br/>The duplex apartment is accessed via stairs off the central entrance and has been restored to a very high standard, retaining many period features and offering generous accommodation, including three bedrooms, spacious sitting room, sun room, dining room and kitchen. The apartment benefits from excellent views over Elmhurst Park towards Tranmer House at Sutton Hoo and includes a small private walled courtyard garden. Double gates to the side of the building provide access to an area currently shared with the tea room for bin storage, although offering potential for parking in the future.<br/><br/>ACCOMMODATION:<br/><br/>The property provides the following approximate floor areas and dimensions:<br/><br/>Ground Floor Tea Room Premises<br/>Right hand front area235 sq. ft.( 21.84 sq.m.)<br/>Ancillary 32 sq. ft. ( 2.95 sq.m.)<br/>Mid seating area 154 sq. ft.( 14.33 sq.m.)<br/>Rear seating area 139 sq. ft.( 12.87 sq.m.)<br/>Kitchen 135 sq. ft.( 12.56 sq.m.)<br/>WC's<br/>Left hand front area210 sq. ft.( 19.46 sq.m.)<br/>Rear seating area 62 sq. ft.( 5.73 sq.m.)<br/>Ancillary 32 sq. ft.( 2.95 sq.m.)<br/>WC<br/>Cellar 203 sq. ft.( 18.88 sq.m.)<br/>Total net internal floor area1,202 sq. ft.(111.57 sq.m.)<br/><br/>Duplex Apartment<br/>Hall<br/>Sitting Room19'8 x 13'11( 5.99 x 4.23m)<br/>Conservatory/Sun Room15'0 x 8'0( 4.57 x 2.45m)<br/>Dining Room14'9 x 8'0( 4.50 x 2.43m)<br/>Bedroom 115'8 x 14'9( 4.77 x 4.50m)<br/>Bedroom 215'3 x 10'7( 4.65 x 3.22m)<br/>En-suite<br/>Bathroom<br/>Bedroom (loft)33'0 x 9'6(10.06 x 2.90m)<br/>En-suite plus dressing room<br/><br/>SERVICES:<br/><br/>It is understood that the property is connected to mains electricity, gas, water and foul drainage. The entire property is served by gas fired central heating, the boiler being located within the tea room premises.<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 telecommunication links.<br/><br/>TENANCY:<br/><br/>The tea room premises are let on an effectively full repairing and insuring business lease for a term of 5 years from 15th August 2023. The tenant is Maeve's Tea Room Limited and a rent deposit in the sum of £6,150 is held by the landlord for the term of the lease. The passing rent is £24,600 per annum and the lease provides for an open market, upwards only rent review, together with a mutual break clause on 15th February 2026. The lease is contracted out of the security of tenure provisions of the 1954 Landlord & Tenant Act.<br/><br/>PLANNING:<br/><br/>The property is late 17th Century/early 18th Century and is Grade II* Listed. <br/><br/>Planning permission and Listed Building Consent were granted in November 2014 to allow the change of use of the ground floor to a tea room and patisseries with various associated alterations (ref. DC/14/2963/FUL and DC/14/2964/LBC).<br/><br/>BUSINESS RATES:<br/> <br/>The property has the following business rates assessments:<br/><br/>Tea Room<br/>Unit 1 (left hand ground floor)Rateable Value £4,800 <br/>Unit 2 (right hand ground floor)Rateable Value £7,100 <br/><br/>Apartment<br/>Beresford HouseRateable Value £2,500 <br/><br/>All interested parties should make their own enquiries with the local rating authority in order to verify their <br/>rates liability. <br/><br/>LOCAL AUTHORITY:<br/><br/>East Suffolk District Council, East Coast House, Station Road, Melton, Woodbridge, Suffolk, IP12 1RT.<br/><br/>Telephone:[use Contact Agent Button]<br/><br/>ENERGY PERFORMANCE CERTIFICATES:<br/><br/>The property benefits from the following energy performance certificates:<br/><br/>Tea Room - Unit 1C(74) valid until 9th July 2033<br/>Tea Room - Unit 2C(61) valid until 9th July 2033<br/>Apartment E(46) valid until 12th July 2033<br/><br/>TERMS:<br/><br/>Offers are invited in the region of £750,000 for the freehold interest with vacant possession of the apartment and subject to the business lease in relation to the tea room.<br/><br/>The property is VAT exempt.<br/><br/>LEGAL COSTS:<br/><br/>Each party will be responsible for their own legal costs.<br/><br/>ANTI-MONEY LAUNDERING REGULATIONS:<br/><br/>Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective purchasers identity and source of funds prior to instructing solicitors.

Contact:

Fenn Wright

Property Subtype:

Shopfront Retail / Residential

Date on Market:

07/07/2025

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More details for 51 Butter Market, Ipswich - Retail for Sale

51 Butter Market

Ipswich, IP1 1BJ

  • Retail for Sale
  • £350,000
  • 801 sq ft
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More details for 97-109 Cliff Ln, Ipswich - Build-to-Rent for Sale

97-109 Cliff Ln

Ipswich, IP3 0PQ

  • Retail for Sale
  • £300,000
  • 936 sq ft
  • 1 Unit Available
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More details for 23-25 Carr St, Ipswich - Retail for Sale

23-25 Carr St

Ipswich, IP4 1HA

  • Retail for Sale
  • £1,025,000
  • 5,869 sq ft
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More details for 27 Carr St, Ipswich - Retail for Sale

27 Carr St

Ipswich, IP4 1HA

  • Retail for Sale
  • 14,650 sq ft
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FAQs about Retail property for sale in Needham Market

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in Needham Market?
There are currently 1 Retail Properties available for sale near Needham Market. These Needham Market Retail Property listings have an average size of. The largest available listing in Needham Market is. The thriving commercial centre and excellent transport links in Needham Market make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Needham Market?
The average price/SF for Retail Property for sale in Needham Market is about. The cost per sq ft for Retail Property in Needham Market ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Needham Market?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in Needham Market?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in Needham Market is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Needham Market, UK

With 1 retail units currently available for sale in Needham Market, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Needham Market, 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 Needham Market, 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 Needham Market 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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