• • Prominent town centre location
  • • Ground floor shop let to Ninni Noo Boutique Ltd on a 10 year lease at £13,500
  • • For sale o.I.R.O. £650,000
  • • Planning consent for 2 flats and a house

Full Description

Price Reduction - Commercial investment and development opportunity. Shop and offices with planning consent for 2 flats and a house.

The property is situated at the northern end of The Thoroughfare which is the main shopping street in Woodbridge town centre, close to the Turban Centre.

The property benefits from a feature front, good display window, two internal offices, one interview room and rear office, and is in good decorative order. There is a retail shop on the ground floor with additional offices to the rear and on two floors above.

The property benefits from planning consent for conversion to 2 flats and construction of a house to the rear, reference DC/15/1992/ful and DC/16/2985/ful. The ground floor shop has A1 retail consent and the offices have A2 financial & professional servies consent. However we would recommend that all interested parties make their own enquiries with Suffolk Coastal District Council on .

The ground floor shop is let to Ninni Noo Boutique Ltd on a 10 year internal repairing and insuring lease, outside the security provisions of the Landlord & Tenant Act 1954, from October 2015 at a rental of £13,500 per annum exclusive, with a rent review and tenant only break at Year 5.

Shop Area 56 sq m 603 sq ft
Ground Floor Offices 48 sq m 517 sq ft
First Floor Offices 104 sq m 1,119 sq ft
Second Floor Offices 31 sq m 334 sq ft
Total Area Approx 239 sq m 2,573 sq ft

Please contact us on 01473 211933 if you wish to arrange a viewing appointment for this property, or require further information.

Penn Commercial endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

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