Church Street, Woodbridge, Suffolk
Size
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Tenure
Freehold
EPC
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Parking
4
- Primary use
- Mixed use
- Other use(s)
- Traditional office
Building amenities
Additional costs may apply for some services – please check the full property description for more details.
- Parking
Key features
- Woodbridge is an affluent and attractive market town.
- Situated in a popular location with professional occupiers
- Opportunity for yield growth
- Net initial yield of approximately 6.6% rising to 7%
- Guide Price £595,000
Description
The subject property is a Grade II listed semi-detached property of traditional brick construction beneath a pitched tiled roof. The property occupies a prominent position on Church Street, which connects The Thoroughfare with Market Hill in the heart of Woodbridge town centre, and provides an attractive mixed-use investment opportunity.
The accommodation comprises ground-floor offices let to IP Properties, two self-contained flats let on assured shorthold tenancies, and a ground-floor studio situated to the rear. The property also benefits from four on-site car parking spaces.
WOODBRIDGE
Woodbridge is one of Suffolk’s most prosperous and attractive market towns and was named by Rightmove in March 2024 as the happiest place to live in the UK.
The town is situated on the banks of the River Deben and has an estimated population of approximately 12,000 people. It is located approximately 7 miles north-east of Ipswich, 28 miles south-east of Bury St Edmunds and 74 miles north-east of London.
Woodbridge benefits from excellent transport connections, being close to the A12, which provides direct access south-west towards the M25 and London, and the A14 and Cambridge.
ACCOMMODATION
The commercial premises arranged at ground floor level have the following approximate floor areas:
18 Church Street Offices
Frontage: 35ft (10.61m)
Depth: 22ft (6.66m)
Sales Area: 1020 sq ft
Ancillary: 422 sq ft
Total Net Internal Area: 1346 sq ft
6 Carlow Mews Studio Offices: 477 sq ft
TENURE
The property is held freehold.
TENANCIES
18 Church Street is let to IP properties (Suffolk) Ltd for a term of 10 years from December 2024 at £18,000 per annum exclusive. This raises to £21,000 from December 2026 onwards. The lease has a rent review on 3rd December 2029 along with a
tenant’s option to break.
2 Carlow Mews (flat): Let on an AST at £676pcm.
4 Carlow Mews (flat): Let on an AST at £682pcm.
6 Carlow Mews (office): Let at £4,800pax.
Total income currently £39,096 per annum rising to £42,096 per annum in December 2026.
VAT
We understand the property is not elected for VAT.
LEGAL COSTS
Each party will be responsible for their own legal costs incurred in the transaction.
IMPORTANT NOTICE
In accordance with anti-money laundering (AML) regulations interested parties will be required to provide certain information.
- Service charge
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- Business rates
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- Use class
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- Listed building
- Yes
- Floors in building
- 3
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Church Street, Woodbridge, Suffolk
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Disclaimer - Property reference 18CHST. 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 Elsom Spettigue Associates, Suffolk. 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.