Marketed by
Graham & Sibbald
London
63 Jermyn St, St. James's, London SW1Y 6LX
Available
1 of 4
Offers Over
£225,000
6-8, Market Place, Saxmundham, IP17 1AG
1069 sq. ft (99.31 m²)
Key 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
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.
Reference: 52709_sales
Marketed by
Graham & Sibbald
London
63 Jermyn St, St. James's, London SW1Y 6LX
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