Aldeburgh, Suffolk

An attractive mixed use investment situated on the desirable Aldeburgh High Street. 

Ground floor shop producing £19,000pa. Vacant and recently renovated first-floor flat providing further investment, owner-occupier or holiday letting opportunities. Large rear garden.

VAT-Free Investment Opportunity. 

Location
The premises occupies a prime location along the High Street in the very centre of the popular and highly regarded coastal town of Aldeburgh. The High Street offers an excellent range of local and national retailers including Crew Clothing, Joules, Collen & Clare, Quba & Co, O & C Butcher, Adnams, Fatface, L’Occitane and Sue Ryder, together with a Co-op supermarket, Prezzo, other fine restaurants, cafes and art galleries.  

Directions
On entering Aldeburgh on the A1094, proceed towards the town centre where you will find the High Street. Continue along the High Street, where you will find the property towards the middle of the town centre, on the right hand side. 

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Description
The property comprises a terraced mixed use property, situated on Aldeburgh High Street. The accommodation comprises:- 

                                               Sq.m Sq.ft
159 High Street (Shop)       41         444
159a High Street (Flat)       90         970
                                              131        1408 

On the ground floor is the commercial space which comprises an open-plan retail unit with retail frontage onto the High Street with small tea point and wc to the rear. A shared entrance hallway, provides access to both the flat and also secondary access to the retail unit. The flat is split over both ground and first floor levels, with a spacious hallway, kitchen, breakfast room and wc on the ground floor. On the first floor is a landing, two double bedrooms, sitting room, cloakroom, bathroom and storage cupboard. A doorway provides access to a flat roof area which could be utilised as a terrace, subject to planning. 

Externally, the property benefits from a large garden which is rare for such a central, town centre location. The garden slopes upwards towards The Terrace which provides a vantage point to look eastwards towards Aldeburgh Beach and the North Sea. 

Tenancies 
Shop - The property was leased to Harris and James (Aldeburgh) Limited in 2018 for a term of 11 years. The Tenant went into liquidation in 2024 and the guarantor of the lease has continued to occupy the property under the conditions of the former lease. A rent review was conducted in 2025 to increase the rent to £19,000pa. We understand the guarantor is open to taking a new lease in their name and draft heads of terms have been agreed.

Flat - The flat is currently vacant but has been advertised to let on an Assured Shorthold Tenancy (AST) at £925 per calendar month. We are of the opinion the flat could generate a higher level of income from holiday letting/serviced accommodation.  

Services
We understand mains water, electricity, gas and foul drainage are connected to the properties. 

Energy Performance Certificates (EPC)
Shop - B(35)
Flat - D(65) 

Council Tax & Rateable Value
Shop - Rateable Value £17,250
Flat - Council Tax Band A. 

Local Authority  
East Suffolk Council.

Viewing
Strictly by appointment with Clarke and Simpson.

NOTES

1.         Every care has been taken with the preparation of these particulars, but complete accuracy cannot be guaranteed.  If there is any point, which  is of particular importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you.  These Particulars do not constitute a contract or part of a contract.  All measurements quoted are approximate.  The Fixtures, Fittings & Appliances have not been tested and therefore no guarantee can be given that they are in working order.  Photographs are reproduced for general information and it cannot be inferred that any item shown is included.  No guarantee can be given that any planning permission or listed building consent or building regulations have been applied for or approved. The agents have not been made aware of any covenants or restrictions that may impact the property, unless stated otherwise.  Any site plans used in the particulars are indicative only and buyers should rely on the Land Registry/transfer plan. 

2. The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 require all Estate Agents to obtain sellers’ and buyers’ identity.