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COMMERCIAL

Market Place, Bungay

£750,000
Pymm & Co, Norwich
PROPERTY TYPE

Commercial Property

BEDROOMS

5

BATHROOMS

1

SIZE

Ask agent

Key features

  • Over 7000 sq. ft. of accommodation
  • Prime central market town location
  • Magnificent development opportunity
  • Potential for a mixed commercial & residential scheme, subject to planning
  • Retaining a wealth of period features
  • Grade II Listed building
  • A once in a lifetime opportunity
  • NO ONWARD CHAIN
  • Hugely versatile internal space

Description

A fantastic opportunity to acquire one of the towns most iconic buildings, offering over 7000 sq. ft. of internal accommodation and enormous potential for redevelopment, subject to the necessary planning permissions. Arranged over three levels, the property boasts a wealth of period features, including a stunning first floor ballroom positioned at the front of the building, overlooking the market place. Grade II Listed, this impressive and characterful property offers a rare opportunity to create a unique development, with potential for a combination of residential and commercial use, subject to the relevant consents. Requiring sympathetic renovation, the building presents an exciting prospect for investors, developers or those seeking to restore a landmark property to its former glory. Offered to the market with No Onward Chain, early enquiries are highly recommended. Please contact the office for further information.

Location
Located within the picturesque historic market town of Bungay just a stone`s throw from the centre and providing a convenient setting with easy access to a variety of local amenities. Situated on the Norfolk and Suffolk border, Bungay is known for its attractive character, welcoming community and picturesque surroundings. The town offers a good selection of independent shops, supermarkets, cafes, restaurants, schools and healthcare facilities, all within easy reach. Its bustling town centre combines everyday conveniences with a range of local businesses, retaining the charm and appeal of a traditional market town. There are plenty of opportunities for leisure and recreation in the surrounding area, including scenic walks along the River Waveney, local parks and open green spaces. Bungay also boasts several historic attractions, including the ruins of Bungay Castle, adding to the town`s rich heritage and distinctive character. Bungay is well placed for exploring the Norfolk Broads, the Suffolk Heritage Coast and the neighbouring market towns of Beccles, Harleston and Diss. The city of Norwich is also easily accessible, offering an extensive range of shopping, restaurants, cultural attractions and entertainment facilities. The area benefits from convenient transport links, with easy access to the A143 and A146, providing connections to Norwich, Lowestoft, Great Yarmouth and destinations throughout Norfolk and Suffolk.

History
Established in 1861 by Henry Wightman, H. Wightman & Son became a well known and much loved family business in the historic market town of Bungay. Over the course of more than 160 years, the business remained in family ownership for six generations, building a strong reputation within the local community. The shop specialised in a wide range of household furnishings and textiles, including furniture, bed linen, curtains, carpets, floor coverings and haberdashery. Renowned for its traditional customer service and extensive selection of home furnishings, it became a familiar and enduring feature of Bungays commercial life. As one of the town`s long established independent businesses, H. Wightman & Son formed an important part of Bungays heritage, reflecting the character and tradition of its historic town centre. Its eventual closure in 2024 marked the end of a remarkable chapter in the town`s retail history with the owner family members taking retirement.

Agents Note - Anti Money Laundering
By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously. In line with HMRC guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf. Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically. A non-refundable fee of £45+ VAT per person will apply for these checks, and Coadjute will handle the payment for this service. These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.



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Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.

Market Place, Bungay

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Beccles Station5.6 miles
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About Pymm & Co, Norwich

46 Rose Lane Norwich NR1 1PN
Industry affiliations:

In 2006, the first branch of Pymm & Co was opened by local estate agent and current Managing Director, Steve Pymm. Steve had been working as an estate agent in Norfolk since 1996, holding key positions and heading a chain of offices and a franchise. Situated in the centre of Norwich opposite the local landmark John Lewis store, the opening of the Ber Street branch was the realisation of Steve's vision to use his expertise and local knowledge to form a committed and professional estate agent with a focus on providing a high level of dedicated service to their customers.

In 2007, Pymm & Co's sister company, Broadland Consultants was formed with fellow director, Simon Gilvey, to provide financial services with the same values. In 2008, Pymm & Co further expanded their range of services by establishing a Lettings division, headed by director Stuart Monument.

The service you deserve should start with an accurate valuation and be developed with honest initial and ongoing feedback. As a committed and professional estate agent, we will sell your property more quickly, efficiently and for the right value.

Pymm & Co delivers an experienced, qualified professional service, committed to guiding you through the whole process. Never feel awkward about asking questions.

Remember, we back our promise of performance with the terms of our high-value, low-risk contract.

Why Choose Us

  • City Centre Head Office opposite John Lewis
  • Over 250 years of combined local experience
  • No fixed term contracts as standard

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 18053_PYMM. 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 Pymm & Co, Norwich. 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.