108A/109 Risbygate Street, Bury St. Edmunds, Suffolk IP33 3AA
- PROPERTY TYPE
Mixed Use
- BEDROOMS
3
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Mixed use investment
- Restaurant with 3 bedroom flat above
- Tenanted on a 20 year lease from 2019
- Rental income of £25,000 per annum
- Guide price: £230,000 to £250,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 10:00am, Wednesday 25th March 2026
Description
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 25th MARCH 2026 AT 10:00AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
A prime mixed use investment with a strong yield
Situated in the heart of this prosperous market town just off the A14 is this mixed use investment opportunity comprising a popular 52 cover restaurant and a 2 storey, 3 bedroom flat above with independent access.
The property has been let on a 20 year lease from May 2019 at a current rent of £25,000 per annum which represents a healthy 10.9% return based on the low end of the Guide Price.
We see this as a solid opportunity for the discerning investor.
Viewing Strictly by appointment with Auction House. Tel:
Current Rateable Value Current Rateable Value (from 1 April 2023 to present)
£21,000
EPC 108A - D
109 - C
Council Tax Band Flat - B
Tenure: Freehold
EPC Rating: C & D
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1200 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.
108A/109 Risbygate Street, Bury St. Edmunds, Suffolk IP33 3AA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bury St. Edmunds Station0.5 miles
- Thurston Station4.2 miles
About Auction House, East Anglia
The Barn Newmarket Road Cringleford Norwich NR4 6UE
Notes
Disclaimer - Property reference 202602241026sq_f3jw. 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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