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1, Thoroughfare, Halesworth, Suffolk, IP19

£625,000

£156.25 per sq ft

Business rates & charges may apply

Fennel Chartered Surveyors, Halesworth
SIZE AVAILABLE

4,000 sq ft

372 sq m

SECTOR

4 bedroom mixed use property for sale

USE CLASSUse class orders: A1 Shops, A3 Restaurants and Cafes and C3 Dwelling Houses

A1, A3, C3

Key features

  • *** Residential and Commercial Investment ***
  • Prime location
  • Good income of £44,840pa
  • Well maintained 4 bedroomed flat
  • Large yard and garden to rear
  • VAT applicable to commercial element (TOGC)

Description

LOCATION
This old market town with a population of about 6,000 is nine miles from the popular historic coastal town of Southwold. A Roman settlement in origin, Halesworth has a fine medieval church (with Victorian additions) and a pleasant mixture of houses, from early timber-framed buildings to the dignified remnants of Victorian prosperity. The property located in the most prime position in the town, surrounded by delightful independent retailers. There are several public parks close to the shop and the main Town Car park is directly to the rear of the property. In addition there are 10 on-site car spaces. NOTE: The property is Listed.

DESCRIPTION
The ground floor of the property is currently let to 4 different commercial occupiers producing £32,840pa (+vat). There is a spacious 4 bedroom residential flat on the 1st and 2nd floor with independent access and a private garden to the rear of the site let at a rent of £1,000pcm (£12,000pa).

NOTE: The property is Listed.

ACCOMODATION
The property has the following approximate ground floor areas:

Floor Description Area m² Area ft²
Ground Retail Zone A 46.33 498.69
Ground Retail Zone B 29.88 321.63
Ground Office 8 86.11
Ground Internal Storage 45.21 486.64
Ground Internal Storage 27.27 293.53
Ground Internal Storage 30.01 323.02
Ground Internal Storage 20.66 222.38
Ground External Storage 18.92 203.65
       
   TOTAL AREA 226.28sqm 2,436sqft


There is an extensive area to the rear of the property for parking by the shop and flat, accessed from the Thoroughfare.


Commercial:
The 4 units are let on the following basis:

Unit 1 Tattoo artist 5500 +vat 09/02/2024 1 year
Unit 2 Turkish barber 12000 +vat 01/12/2023 5 years
Unit 3 Black Dog Deli 8500 +vat 01/09/2023 5 years
Unit 4 Black Dog Deli 6840 +vat 01/07/2023 5 years


The Flat:
The residential upper parts are available let on a AST for a rent of £1,000pcm. This property is
independently accessed via the side of the building, leading upstairs to a spacious 4 bedroom flat which is in impeccable condition. There is parking and a garden to the rear of the site, adjoining the river.

PRICE
The owners are seeking £625,000 for their freehold interest in this property, which provides excellent living accommodation and a secure commercial investment. (VAT applicable to commercial element (TOGC)

FIRE RISK ASSESSMENT
We have assumed that a suitable and sufficient Fire Risk Assessment has been carried out. Under the Regulatory Reform (Fire Safety) Order 2005 this assessment needs to be recorded in writing where there are five or more employees, the property is under enactment of a licence or where an alteration notice has been served.

SERVICES
Mains water, electricity, gas and drainage are available. None of the services, including heating, plumbing or electrical systems (nor appliances) have been tested by the Selling Agents.

1, Thoroughfare, Halesworth, Suffolk, IP19

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Halesworth Station0.3 miles
  • Brampton Station4.0 miles
  • Darsham Station5.0 miles

About Fennel Chartered Surveyors, Halesworth

6 Market Place, Halesworth, IP19 8BA

Fennel Chartered Surveyors, Halesworth

Fennel has been operating as an independent niche practice for over 15 years giving professional advice on investment and development opportunities, throughout Europe, the UK and East Anglia.

More properties from Fennel Chartered Surveyors, Halesworth

Notes

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Disclaimer - Property reference 1thoroughfareresi. 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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