Lot 001 - 19-21 Thoroughfare, Woodbridge, Suffolk, IP12 1AA

  • Unconditional Online Auction Sale
  • Guide Price* : £825,000+

Addendum

The single storey store to the rear of the site is included in the sale. The freehold title number is SK229548. Refer to Legal Pack to review the full details.

Rare Mixed Use High Street Investment / Development (STP) Opportunity

Description

SOLD ON BEHALF OF FIXED CHARGE RECEIVERS

KEY FEATURES

- Three storey property plus outbuildings
- Mixed use - part retail / part residential
- Suitable for owner occupation / investment / development (STP)
- Grade II Listed
- Two retail units (one with ancillary storage)
- Potential to develop upper floors and outbuilding to residential (STP) Self-contained three bedroom duplex apartment - recently renovated
- Detached two storey outbuilding
- Parking / seating area to side of property - additional potential development site (STP)

OVERVIEW

A rare opportunity to secure a high street retail / residential.

The property has huge scope and suits a variety of purposes, including owner occupation, investment and development (STP)

No. 21B is a recently renovated three double bedroom duplex apartment ready to be immediately rented out.

The commercial parts of the property are split into three sections.

No. 19 comprises three storey retail unit with ancillary storage in need of complete renovation. The uppers floors may be suitable for conversion to a duplex residential apartment (subject to planning).

No. 21A is a self-contained ground floor retail unit, that could be immediately be leased.

There are three outbuilding that could suit a variety of uses, whether it be storage, let with No. 19 or 21A, or it could be converted to a residential dwelling (STP).

The site also has the addition of outside space to the side of the property, fronting Thoroughfare. This could be used as outdoor seating, parking, or a potential development plot (STP.

LOCATION

The property is located in Woodbridge, a market town in Suffolk.

The property is situated on the main high street within Woodbridge, Thoroughfare.

ACCOMMODATION

19 199.64 m² 2,149 ft²
21A 42.80 m² 461 ft²
21B 99.02 m² 1,066 ft²
Outbuildings 87.71 m² 944 ft²
TOTAL 429.17 m² 4,620 ft²
Approx. gross internal floor area

SERVICES

We understand the property has mains gas, electricity, water and drainage.

Interested parties should make their own investigations.

BUSINESS RATES

The properties have rateable values of:

19 - Rateable Value: £33,500

21A - Rateable Value: £13,500

COUNCIL TAX

21B - The owners accommodation is rated in Council Tax Band A.

TENURE

Freehold.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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