Retail Property (high street) for sale

19 Thoroughfare, Woodbridge, East Of England, IP12

Guide Price £615,000
1,992 sq. ft.

Property Description

Commercial information

  • 1,992 sq ft (185 sq m)

Key features

  • Former "Cake Shop Bakery" - rare opportunity
  • Prime location in affluent market town
  • Attractive three storey Grade II listed building requires refurbishment and with potential for a variety of alternative uses, subject to planning
  • Net internal area 1,992 sq ft (185 sq m)
  • Guide price reduced to 615,000

Full description

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 has an excellent range of shops, restaurants, pubs and recreational facilities. The resident population is 11,000, although the town draws from a much wider retail and leisure catchment. Woodbridge has experienced significant expansion with a range of small and large scale residential developments having been built in and around the town in recent years.

The property occupies a prominent position in the centre of the retail district, nearby occupiers include Costa, Joules, Fat Face, M&Co and Mountain Warehouse.

Description
The property comprises an attractive three storey Grade II listed, building of brick construction under a pitch tiled roof and with fully glazed shop front.

The ground floor comprises a wide sales area to the front with a large store to the rear. Access to the first floor is via a stairwell situated to the front of the property and currently comprises two large rooms with a former kitchen to the rear. The second floor comprises two further rooms and WC together with a rooftop terrace.

The main sales area is fitted with a large service counter, fluorescent lighting and wooden flooring.

Redevelopment Potential
The property has most recently been used as a cake shop/bakery with associated uses on the upper floors. More recently the property has received planning approval for use as a restaurant and café.

The property requires a considerable amount of refurbishment and is considered to have potential for a variety of business uses, as well as the option of converting the upper floors to residential, subject to planning permission.

Services
It is understood that the property is connected to mains water, electricity, drainage and gas.

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 of those serving the property including IT and telecommunication links.

Business Rates
The property is assessed as follows:
Rateable Value: £33,500
Rates Payable (2021/22): £16,716.50

The rates are based upon a UBR for the current year of £0.499. All interested parties should make their own enquiries with the local rating authority to verify their rates liability.

Accommodation
The property provides the following approximate net internal floor areas and dimensions:

Ground Floor 935 sq ft ( 86.84 sq m)

First Floor
Front Room 480 sq ft ( 44.57 sq m)
Rear Room (former KC) 285 sq ft ( 26.47 sq m)

Second Floor
Front Room 164 sq ft ( 15.22 sq m)
Rear Room 128 sq ft ( 11.93 sq m)

Total 1,992 sq ft (185.03 sq m)

Local Authority
East Suffolk District Council
East Suffolk House
Melton
Woodbridge, IP12 1RT
Tel:

Terms
Offers are invited in the region of £700,000 for the freehold
interest with vacant possession upon completion.

Legal Costs
Each party is to be responsible for their own legal costs.


More information from this agent

Nearest stations

  • Woodbridge (0.2 mi)
  • Melton (1.2 mi)
  • Wickham Market (5.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fenn Wright, Ipswich Commercial Sales and Lettings

1 Butter Market, Ipswich, IP1 1BA

01473 870172 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 stations

  • Woodbridge (0.2 mi)
  • Melton (1.2 mi)
  • Wickham Market (5.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fenn Wright, Ipswich Commercial Sales and Lettings

1 Butter Market, Ipswich, IP1 1BA

01473 870172 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 14869501FH. 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 Fenn Wright, Ipswich Commercial Sales and Lettings. 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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