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The County of Suffolk, 29 St. Helens Street, Ipswich, Suffolk IP4 1HH

Guide Price
£250,000
Auction House, East Anglia
PROPERTY TYPE

Mixed Use

SIZE

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Key features

  • Town centre mixed use Freehold investment
  • Tenanted public house on new 10 year lease
  • 4 letting room HMO
  • Current income of £25,480 per annum
  • Potential for £40,000+
  • Substantial landmark property
  • Guide price: £250,000
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 10:00 am, Wednesday 10th December 2025

Description

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 10TH DECEMBER 2025 AT 10:00AM. TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

A freehold tenanted pub and four letting room HMO

The County of Suffolk is a landmark public house on the eastern fringe of the town centre and offers a tremendous investment opportunity.

The well proportioned pub on the ground floor and cellar includes a comprehensively equipped commercial kitchen and has been run by the same landlady for the past 5 years, a new 10 year lease with an initial rent of £13,000 plus VAT per annum with 3 yearly reviews has now been put in place.

The two floors above provide the public house WCs, a kitchen, 2 bathrooms, an office and 4 letting rooms 2 of which have long term tenants on ASTs currently paying £520 per calendar month.

The current rental return is £25,480 per annum but with 2 further rooms to fill, potential for extending the upper parts to a licensed 5 letting room HMO (STPP) along with rent increases, this could be enhanced to over £40,000 representing a 16% yield based on the Guide Price and is an opportunity not to be missed.

NOTE - Subject to the qualifying criteria, the sale could be treated as a Transfer of a Going Concern (TOGC), otherwise, VAT is payable on 55% of the purchase price.



Viewing Viewings have been scheduled as follows:

Thursday 20th November at 10.00am
Friday 28th November at 10.00am

BOOKING AN APPOINTMENT IS ESSENTIAL

Please call to confirm your attendance

Tenure: Freehold

EPC Rating: C

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1800 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

The County of Suffolk, 29 St. Helens Street, Ipswich, Suffolk IP4 1HH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ipswich Station0.9 miles
  • Derby Road Station1.0 miles
  • Westerfield Station1.7 miles
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About Auction House, East Anglia

The Barn Newmarket Road Cringleford Norwich NR4 6UE
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Why Use Auction House East Anglia?

Auction House East Anglia are firmly established as East Anglia's no.1 property auctioneers (based on lots sold) and we sell over 80% of lot entries in our local auctions. We hold regular auctions in Norfolk and Suffolk and Cambridgeshire and have offices in Norwich, Kings Lynn, Peterborough and Ipswich.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 202511031724sq_340v. 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 Auction House, East Anglia. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, East Anglia on 01603 361653.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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