Retail Property (high street) for sale

Earsham Street, Bungay, Suffolk, NR35

£175,000
1,108 sq. ft.

Property Description

Commercial information

  • 1,108 sq ft (102 sq m)
  • Use class orders: A1 Shops and A3 Restaurants and Cafes

Key features

  • Central location
  • Great investment opportunity
  • Well maintained building

Full description

LOCATION
5 Earsham Street is situated in the centre of the historic and bustling market town of Bungay, 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 arranged over ground floor, with a bar facing the road, and a split level leading to the restaurant to the rear which has a capacity for 40 covers. The servicing facilities are to the rear of the property.

EPC
Energy Performance Certificate Band D (84)

ACCOMMODATION
The property has the following approximate internal areas :

Bar 26sqm 280sqft
Restaurant 57sqm 613sqft
Kitchen 20sqm 215sqft


PRICE
The vendor is seeking offers in excess of £175,000 for the freehold interest. The restaurant is currently tenanted with a rental income of £13,000pa on a new 15 year lease from October 2018. (break option on 4th year)

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






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.

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