Market Place, Stowmarket, Suffolk, IP14

The premises comprise of an attractive Grade II Listed mid-18th century property of timber-frame construction with plaster and colourwash finish, under a slate roof.
A cafe/wine bar was the previous use and due to a change of personal circumstances this business closed in June 2024.

4 Market Place presents an ideal opportunity for an owner occupier to either continue the recent use within the food industry (existing fixtures and fittings could be available by separate negotiation) alternatively, the versatile accommodation lends itself to a variety of other retail uses. The first floor has potential for residential conversion, subject to planning.

Location

The premises occupy a prominent location in the centre of the market town of Stowmarket. Nearby occupiers include a selection of independent retailers in addition to, Superdrug, QD, Peacocks, and Subway. The towns visitor carparks are all easily accessible to Market Place.

Stowmarket is situated on the busy A14 trunk road between Bury St Edmunds (15 miles) to the west and Ipswich (12 miles) to the southeast. The town is on the main railway line between London and Norwich. Stowmarket has a population of around 21,000 which is likely to increase dramatically due to the residential developments currently underway.


Please note that the following dimensions and areas are approximate:

Cafe Area:Depth 32'
WidtH 17' narrowing to 14' providing 465 sq ft
Incorporated within the above measurements and located towards the rear of the café area is a preparation worktop and serving counter. Door to courtyard.

Useful Cellar

First Floor

Room 1: 12' x 12'
Room 2: 14'6" x 15'
Office: average of 6' x 9'5"

NIA of above is approximately 845 sq ft

Rear door from the café seating area leads to the WALLED COURTYARD GARDEN, with further seating available.

Kitchen:13' x 13' narrowing to 10'6"
(Access gained via the courtyard)

Rear Storeroom:12' x 15'6"

Ladies & Gents Cloakroom

GIA: Around 1,200 sq ft

Services: Mains water, electricity and gas are connected.

Rates: Rateable Value - £12,750 Multiplier for the current year 49.9p

Terms:
The premises are available For Sale at the asking price of £210,000 for the freehold with vacant possession. Alternatively, consideration will be given to a new tenancy at the rent of £15,000 per annum exclusive.

Viewing: By confirmed prior appointment with Birchall Steel Ltd

EPC: Rating C valid until May 2029 Certificate no. 9409-3095-0513-0500-4295