2 bedroom retail property (high street) for sale

17 Market Place, Bungay, Suffolk, NR35

Sold STC 800 sq. ft. | £170,000

Property Description

Commercial information

  • 800 sq ft (74 sq m)
  • Use class orders: A1 Shops

Key features

  • Well let investment at low rent
  • Central location
  • separate 2 bed flat on AST
  • Redevelopment potential

Full description

Tenure: Freehold

LOCATION
2-4 Cross Street is situated in the centre of the historic and bustling market town of Bungay with a population of about 4,000, located on the Norfolk/Suffolk border. Best know for its Castle ruins, the town sits within a loop of the River Waveney in The Broads National Park. The town has a large catchment area and addition influx of seasonal tourists. Bungay is located just off the A143, which links Bury St Edmunds to Lowestoft and Great Yarmouth, 16 miles to the South of Norwich and 38 miles to the North of Ipswich.

DESCRIPTION
The Property is located in a highly visible and central position on the Market Place, opposite the Butter Market. This attractive period building is arranged over 3 floors and has a rendered façade. The retail element is let to Emmaus Charity where they occupy the ground floor. The residential element is let to an AST.

PRICE
The vendor is seeking £170,000 for their freehold interest .


LEASE
The retail lease is let to Emmaus Charity who pay £6,000 pa. The residential flat above is let on an AST for £550pcm (£6,600pa)


EPC
The Energy Performance Certificate is not required as the property is Grade II Listed.

LEGAL COSTS
Both parties are to pay their own legal costs incurred in this transaction.

Shop Area 13' 11" x 12' 6" ( 4.24m x 3.81m )
Window to the front aspect and Front Door.

Flat
Entrance Porch/ Utility Room
Front Door, window to the front aspect, butler sink, plumbing for washing machine and stairs to first floor.

Bathroom
Window to the front aspect, WC, wash hand basin, tiled surrounds and bath with shower over.

Lounge 13' 9" x 13' 2" ( 4.19m x 4.01m )
Two sash windows to the rear aspect.

Kitchen 13' 3" x 8' 1" ( 4.04m x 2.46m )
Window to the side aspect, fitted kitchen with a range of wall & base units, work surfaces with inset stainless steel 1 bowl sink & drainer, tiled surrounds and electric heater.

Bedroom One 13' 4" x 10' 9" ( 4.06m x 3.28m )
Built in wardrobes and panel heaters.

Bedroom Two 13' 11" x 10' 3" ( 4.24m x 3.12m )
Panel heater and door to bedroom one.

Bedroom Three 10' 7" x 8' 2" ( 3.23m x 2.49m )
(Limited head room)


More information from this agent

Nearest station

  • Brampton (6.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fennel Chartered Surveyors, Halesworth

6 Market Place, Halesworth, IP19 8BA

01986 485001 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Brampton (6.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fennel Chartered Surveyors, Halesworth

6 Market Place, Halesworth, IP19 8BA

01986 485001 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference emmaus. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fennel Chartered Surveyors, Halesworth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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