Commercial Property in Suffolk Coastal available for sale
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Shopfront Properties for Sale near the Suffolk Coastal, Felixstowe

Retail Properties for Sale Near the Suffolk Coastal, Felixstowe

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 Low St, Laxfield - Retail for Sale

The White Horse Inn - Low St

Laxfield, IP13 8JR

  • Retail for Sale
  • £750,000
  • 3,488 sq ft
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FAQs about Suffolk Coastal Shopfront Properties For Sale

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

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