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29a, Thoroughfare, Woodbridge, Suffolk

£285,000

£205.04 per sq ft

Business rates & charges may apply

Nicholas Percival Commercial, Colchester
SIZE AVAILABLE

1,390 sq ft

129 sq m

SECTOR

High street retail property for sale

Description

LOCATION
Woodbridge is a picturesque, affluent market town and popular tourist destination on the banks of the River Deben in the Suffolk Coast & Heaths Area of Outstanding Natural Beauty. Recently crowned the happiest place to live in the UK, the town boasts a vibrant community, historic buildings, independent shops, riverside walks, excellent restaurants and a working tide mill.

The property occupies the main prime pitch of The Thoroughfare at its junction with New Street - the town´s busiest retail artery. Nearby occupiers include:

- John Ives Footwear
- Fred. Olsen Travel
- Cornish Bakery
- Cafe Nero
- Baretts of Woodbridge
- Honey & Harvey
- Specsavers
- Mountain Warehouse

Immediate proximity to Oak Lane public car park and the East of England Co-operative Supermarket and car park. Excellent access to the A12 (Ipswich 8 miles, A14/M25 within 30 minutes).

DESCRIPTION
Grade II Listed attractive prime retail property over ground, first and attic floors, constructed we estimate in the early C17 with C18 façade. Timber-framed beneath a peg-tiled roof, two dormers, plastered and lined elevations. Sash windows with glazing bars in flush frames. Modern shopfront window and door to front elevation. Internally there is gas boiler providing radiator heating, first floor wc facilities and lighting throughout.

- Business unaffected - John Ives Footwear remains in occupation at No. 29
- Prime Prominent Retail Shop
- Extremely rare freehold opportunity
- Excellent footfall | Corner position onto
- The Thoroughfare and New Street

ACCOMMODATION
Approximate Net Internal Areas:

Ground Floor Sales - 34.72 m2 373.7 sq.ft.
Ground Floor Storage - 9.55 m2 102.8 sq. ft.
First Floor - 47.37m2 510.0 sq. ft.
Attic - 37.52m2 403.8 sq. ft.

Total - 129.16m2 1,390.3 sq. ft.

TERMS
Freehold (Part Flying Freehold) For Sale ( Title Number: SK174771 )

Guide Price: £285,000 STC

Subject to contract and with Vacant Possession upon completion.

MAY Lease: Available by way of a new lease - terms to be agreed. Rent: £22,500 per annum exclusive, payable quarterly in advance.

OUTGOINGS
The property will be reassessed (currently rated across both 9 and 29a Thoroughfare, IP12 1AH).

VAT
We have been advised that VAT is not applicable.

LEGAL COSTS
Each party will be responsible for their own legal costs incurred in the transaction.

OTHER
Anti-Money Laundering Regulations:

In accordance with Anti-Money Laundering Regulations, the agents will require verification of the prospective purchaser´s identity, residence, and source of funds prior to instructing solicitors.

VIEWING
Strictly by prior appointment with the sole agents: Nicholas Percival Chartered Surveyors

FAO: Tom Noble & Max Copeland

Brochures

29a, Thoroughfare, Woodbridge, Suffolk

Approximate location

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 Nicholas Percival Commercial, Colchester

Beacon End Farmhouse London Road, Stanway, Colchester, CO3 0NQ

Nicholas Percival are well-established Estate Agents and Chartered Surveyors with over 25 years of experience selling the finest village, town and country houses in North Essex and South Suffolk

The Commercial Property Division specialises in all aspects of Sales, Lettings and Professional Advice to both Landlords & Tenants Nicholas Percival Chartered Surveyors has an established reputation for professional excellence and integrity and is regarded as one of the leading independent practices in North Essex

Commercial rent reviews and lease renewals are an opportunity for both owners and occupiers to recast their agreement in a more commercial form; they are not just a re-negotiation of the level of rent. Whether you are the landlord or tenant, when it is time for a rent review or lease renewal it is important to avail yourself with the best representation and accurate advice from a specialist commercial chartered surveyor such as those at Nicholas Percival

Nicholas Percival's Commercial Property Management division have been helping companies and individuals manage their commercial property in Essex for over 29 years.

Our specialist team are based in Colchester and have a depth of local knowledge and expertise that enables them to ensure that client's properties are successfully managed, and as a matter of course provide advice on long term strategic changes, in order to create added value and asset enhancement.

Nicholas Percival assumes full responsibility for the day to day management of your property portfolio. We will be in touch with you throughout the year and will meet you at least once a year to provide a full review of the property portfolio performance. However, our goal is to provide exactly the service you need and we are happy to tailor this approach to suit you. We understand that every company and individual have different needs and will work with you to find the right level of communication and involvement that suits you. In addition, you can rely on our team to help and advise you as and when it is required.

Our Management service covers all aspects of property management:

• Rent collection

• Accounting to the client on a monthly or quarterly basis

• Service charge collection

• Budgeting and collection service charge accounts

• Arranging buildings insurance

• Organising contracts with maintenance suppliers such as cleaners, gardeners etc.

• Health and Safety issues

• Landlord and tenant Statutory obligations

• Site visits and inspections

• Negotiating Rent Reviews & Lease Renewals

Nicholas Percival act as the principal liaison between the Landlord and Tenant at all times. All of our Management services are dealt with in accordance with the terms of the leases and any current relevant legislation and codes of practice.

In addition to our core landlord and tenant, building surveying and valuation services, we provide a variety of additional services, including:

• Independent purchase reports

• Strategy advice and reports

• Redevelopment/conversion appraisals

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 101551004162. 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 Nicholas Percival Commercial, Colchester. 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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