£750,000

5 bed property for sale
Market Place, Bungay NR35

    • 5 beds

    • 1 bath

    • 3 receptions

Retirement
Chain free
Freehold
Added on 26/10/2026

About this property

  • 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

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.

What3words /// blacked.awoke.roadways

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.

Mortgage calculator

Monthly repayment

£3,751 per month

Whole of market comparison

70+ lenders and 10,000+ products

How much could I borrow

In partnership with

mojo logo

The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

Report this listing