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High Street, Leiston, IP16 4EW

Guide Price £110,000

Key Features

  • Commercial
  • High Street Location
  • Versatile layout
  • Storage
  • Public parking near by
0 Bedrooms

Description

Tenure: Freehold

A well positioned ground floor lock up shop with double bay retail window, in the centre of Leiston on the Heritage Coast.

Internally, the retail accommodation is open plan with stairs leading to secondary retail area. To the rear of the property is a WC and two stores.

Previously the property has been let as two shops, and is therefore suitable for owners occupier or investor with an estimated rental return of £500-£550pcm.

LOCATION
Leiston has a population of 5,620 and is situated three miles east of Saxmundham, three miles north of Aldeburgh and 10 miles south of Southwold in the centre of the Suffolk heritage coastline. The town expanded rapidly in the 19th century with the old heavy engineering Garratt ironworks and the atmosphere of that Victorian era remains with many of the residential and commercial buildings being of that typical 19th century construction.

The town benefits from a full range of facilities with primary and secondary education, a supermarket, cinema, Post Office, several restaurants and miscellaneous shops. There are several car parks within walking distance of the town centre.

Sizewell A and B Nuclear Power Station are nearby with reactors C and D planned for the future, providing further growth to the local economy.

ACCOMMODATION

GROSS INTERNAL WIDTH 6.3M

GROSS INTERNAL DEPTH 7.3 M

TOTAL RETAIL AREA 44.24 SQ. M.

Including

REAR RETAIL 3.6 M X 3.4 M (12.14 SQ.M.)

CUPBOARD 1.1 M X 0.96M (1.1 SQ.M.)

REAR STORE WITH KITCHEN 2.74 X 2.16 M (5.92 SQ.M.)

REAR STORE 2.73 M X 1.93M (5.28 SQ.M.)

WC 0.8M X 2.6 M (2.08 SQ.M.)

Pedestrian access to the rear.

SERVICES
Mains water, electricity and drainage are connected. Central heating is via Economy 7 night storage heaters. Hot water is via localised hot water supply in the kitchen.

PLANNING
The property has planning permission for A1 Retail.

Other uses may be possible subject to planning consent and landlord approval.

RATES
The current rateable value is £4,300, with a proposed rate of £6,000 from April 2017.

Applicants are advised to make their own enquiries to Suffolk Coastal District Council.

GUIDE PRICE
Offers invited in the region of £110,000 for the freehold interest.

ENERGY PREFORMANCE CERTIFICATE
EPC pending.

VIEWINGS
Strictly by appointment with Hamilton Smith - 01728 833007

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