Saxmundham, Suffolk

A prominent High Street retail investment extending to approximately 33.3 sq.m (358 sq.ft), currently let and producing income, with a long leasehold flat above and situated in this well-located Suffolk market town.

VAT Free Investment Opportunity. 

Location

The property occupies a prominent position on the High Street in the centre of Saxmundham, within easy walking distance of Tesco, Waitrose, cafés, independent businesses and other day-to-day shopping facilities. The railway station is also nearby and provides regular services to London Liverpool Street via Ipswich.

Directions 

What3Words app: ///agreement.disputes.cuts

Saxmundham is well placed for the Suffolk Heritage Coast, with centres including Aldeburgh, Thorpeness, Walberswick, Southwold and Orford all within easy reach. Snape Maltings lies approximately 3 miles to the south, whilst Ipswich is about 22 miles to the south-west.  The town is also close to Sizewell B and the proposed Sizewell C development, which is expected to bring significant inward investment to the area over time.

Shop – 16A High Street

The property comprises the freehold interest in a prominent High Street building in the centre of Saxmundham. The sale includes the ground floor retail premises, which is currently let and producing an income of £6,000 per annum, together with the freehold reversion to the first floor flat, which has been sold off on a long leasehold interest expiring in 2087 and producing a ground rent of £50 per annum.

The ground floor comprises a lock-up retail unit forming part of a two-storey building and extends to approximately 33.3 sq. m (358 sq. ft) net internal area.  The accommodation is currently arranged as a hair salon, with a main sales area to the front and ancillary accommodation to the rear including a secondary room/staff area, WC, useful cellar storage, together with a designated parking space and small storage shed to the rear.

The unit benefits from good frontage onto the High Street and occupies a visible and established trading position within the town centre. 

The ground floor is currently let at a rent of £6,000 per annum, with the lease due to expire on 30 December 2026. The tenant has indicated a willingness to enter into a new lease at a rent of £7,000 per annum, subject to contract and formal agreement. Further details are available from the agent.

Flat – 16B High Street

The first-floor residential accommodation is held on a long lease dated 11 July 1988 for a term of 99 years, expiring in 2087. The current leaseholder acquired their interest in 2006.  

The flat extends to approximately 48.7 sq. m (524 sq. ft). It benefits from one designated parking space and small storage shed to the rear. 

The current ground rent is £50 per annum.

Tenure

Freehold, subject to: 

· the existing commercial tenancy of the ground floor; and 

· a long leasehold interest of the first-floor residential accommodation (Flat 16B), expiring in 2087 and producing a ground rent of £50 per annum 

Services

Mains water, electricity and drainage connected.  No tests have been carried out and prospective purchasers should satisfy themselves as to their condition and capacity.

Rates

Rateable Value £3,150

Local Authority

East Suffolk Council, East Suffolk House, Station Road, Melton, Woodbridge, Suffolk IP12 1RT; 

. 

EPC

Rating of E.

Viewing

Strictly by appointment with the agents.

NOTES

1.  Every care has been taken with the preparation of these particulars, but complete accuracy cannot be guaranteed.  If there is any point, which  is of particular importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you.  These Particulars do not constitute a contract or part of a contract.  All measurements quoted are approximate.  The Fixtures, Fittings & Appliances have not been tested and therefore no guarantee can be given that they are in working order.  Photographs are reproduced for general information and it cannot be inferred that any item shown is included.  No guarantee can be given that any planning permission or listed building consent or building regulations have been applied for or approved. The agents have not been made aware of any covenants or restrictions that may impact the property, unless stated otherwise.  Any site plans used in the particulars are indicative only and buyers should rely on the Land Registry/transfer plan. 

2. The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 require all Estate Agents to obtain sellers’ and buyers’ identity.

April 2026