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11 Thoroughfare, Woodbridge, IP12 1AA

POA
Savills, Ipswich
SIZE AVAILABLE

12,342 sq ft

1,147 sq m

SECTOR

High street retail property for sale

Key features

  • Located in the centre of Woodbridge, Suffolk
  • Set on the Thoroughfare in Woodbridge, the town’s main retail street.
  • Period 19th century building
  • 1990’s development of 3 commercial units
  • New key point...

Description

Description
Whitehall Investments Limited (Company No. 00426440) is a company which was incorporated on 28 December 1946 and focuses on the letting of commercial real estate. The assets of the company are a development of retail units set on the Thoroughfare in Woodbridge, the town’s main retail street with a range of independent and national retailers including Morrisons Daily, The Woodbridge Kitchen Company, Suffolk Building Society, Seasalt, Boots, The Cornish Bakery, Honey & Harvey, Rohan, Specsavers, Holland & Barrett, WHSmith, Cafe Nero and Fred Olsen Travel.

The assets of the company include Units 1 and 2 -11 Thoroughfare a period 19th century building providing two retail units over ground and first floors which are occupied by Fat Face and Woodbridge Pharmacy. Immediately adjacent is a 1990’s development of 3 commercial units on the ground floor with rear undercroft parking, with 14 one and two bedroom apartments together with basement parking let off on long leasehold interests which provide ground lease income. The commercial units to the front are occupied by Costa Coffee, MIND with a rear office suite occupied by EJH Aesthetics & Wellness Clinic.

Location
Woodbridge is a thriving and highly regarded market town in East Suffolk – considered by The Times as one of the best places to live in the United Kingdom. Situated on the River Deben, there are a number of scenic walks, a harbour and a rare working tide mill, which traces its roots to the 11th century.

For many centuries, Woodbridge has been a prosperous and fashionable town, and it benefits from beautiful architecture, chiefly from the Tudor, Georgian, Regency and Victorian periods; today, there is an incredible array of amenities, including both independent and national shops, cafés, public houses and restaurants.

The town is situated 9.6 miles north-east of the county town of Ipswich, 3 miles north of Martlesham, 16.1 miles southwest of the coastal town of Aldeburgh and 18 miles south-west of the proposed Sizewell C power station.

Woodbridge sits adjacent to the A12 which provides access to the Suffolk Coastal towns to the northeast and the A14/A12 to the south.

The town is served by a rail service to Ipswich with a journey time of approximately 16 minutes , with onward travel to London Liverpool Street with a fastest journey time of 96 minutes.

Tenancy Schedule
See attached brochure.

Covenant Information
See attached brochure.

EPC's
See attached brochure.

Important
The services, fixtures, fittings, appliances and other items of equipment referred to have not been tested by this firm and therefore no warranty can be given in respect of their condition. Interested parties should satisfy themselves as to their condition.

Guide Price
The share capital of Whitehall Investments Limited are available at a Guide Price of £2,500,000 exclusive of VAT with the benefit of the assets of 11 Thorughfare which based on income of £199,850 pax equates to a NIY of 7.48% with purchasers’ costs of 6.8%.

Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction.

Brochures

11 Thoroughfare, Woodbridge, IP12 1AA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Woodbridge Station0.2 miles
  • Melton Station1.2 miles
  • Wickham Market Station5.3 miles

About Savills, Ipswich

Savills, Fraser House, 23 Museum Street, Ipswich, IP1 1HE

Savills provides a wide range of property services to meet the needs of business and the public sector, and has the capacity to undertake virtually any property consultancy commission.

We advise a wide range of clients on property acquisition, occupation and ownership strategies, asset management, regeneration, planning, development and building consultancy, stock condition, disposal and management.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 332476-1. 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 Savills, Ipswich. 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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