Cross Street, Bungay
- SIZE
Ask agent
- SECTOR
Cafe for sale
Key features
- Grade II listed building in Bungay.
- Commercial space leased to busy café.
- Graduated lease income increases over time.
- Flat rented on assured shorthold tenancy.
- Located in picturesque Waveney Valley village.
- Dual income streams secure investment potential.
Description
The property comprises two income-generating components. The ground floor features a versatile commercial space currently occupied by a busy café. The lease is structured to deliver increasing returns over time—starting at £500 per month for the first two years, rising to £750 in the third year, and reaching £1,000 per month thereafter until the end of the lease term. This graduated scale not only provides an immediate income stream but also promises steady growth in rental revenue.
Above the commercial premises is a charming flat, which is currently let on an assured shorthold tenancy at £650 per month. This additional rental further diversifies the income potential of the property, making it an even more attractive prospect for investors looking to secure dual revenue streams.
Bungay itself is a gem of a village, recognized by The Sunday Times in 2018 as one of the best places to live in the East of England. Nestled in the picturesque Waveney Valley, the area boasts a rich history, scenic landscapes, and a thriving community of independent businesses. The village’s unique blend of heritage and contemporary vibrancy continues to attract creative entrepreneurs and discerning residents alike.
This investment is not just about financial returns—it’s also an opportunity to acquire a piece of Bungay’s storied past while benefiting from its promising future. Whether you are an experienced investor seeking to expand your portfolio or someone with a passion for heritage properties, this opportunity offers both stability and potential for growth.
For further details on this rare and exciting investment opportunity, please call today
Energy Performance Certificates
Energy Performance CertificateBrochures
Cross Street, Bungay
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Brampton Station6.1 miles
Notes
Disclaimer - Property reference 11978005. 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 Steel & Co Commercial Property Services, Lowestoft. 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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