Retail premises for sale in 6-8 Market Place, Saxmundham IP17

Offers over £225,000 (£210.48/sq. ft)
Interested in this property? Call +44 131 268 3457 * or Request Details

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Retail premises for sale

1,069 sq. ft*

Property features

  • Seeking offers in excess of £225,000, reflecting a Net Initial Yield of 7.25% (subject to contact)
  • Prominent High Street location
  • Located in the market town of Saxmundham, Suffolk, 18 miles North East of Ipswich
  • New letting to Algorial Retail Ltd providing a 10-year lease at £16,750 pa from 24 September 2021
  • The building provides a well-configured retail unit with an area totalling C 1,069 sq ft gia

Property description

6-8 Market Place is a circa 1840 Grade II Listed building over 3 storeys, comprising a shop at the front with residential accommodation (which has been sold off on a long lease). The shop front has recently undergone significant external redecoration and improvement works. The ground floor to the front has a plate glass display window along the full length of the frontage with windows on the upper floors fitted with single glazed timber frames. There are two small plate glass shop display windows on the ground floor at the front overlooking Market Place. Retail space at 6/8 Market Place is accessed via a recessed shop front situated at no 8 Market Place.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Graham + Sibbald, W1U on +44 131 268 3457 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Graham + Sibbald, and do not constitute property particulars. Please contact Graham + Sibbald for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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