No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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2 bedroom property

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Property
2 bed
1 bath

Key information

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Property description & features

A Grade II Listed mixed-use property occupying a prominent location in Hadleigh town centre

Mixed Use Freehold Investment Premises For Sale

Prime trading location in the centre of Hadleigh

Ground floor retail unit totalling 66.62 m2 (717 ft2) NIA

Cellar / Basement unit totalling 25.92 m2 (279 ft2) NIA

First floor 2-bedroom flat totalling 71.65 m2 (771 ft2) NIA

The entire property is currently let providing a rental income of £17,500 Per Annum Exclusive

Location
Hadleigh is a thriving and expanding market town which despite the pandemic has seen a variety of new businesses in the past 18 months including Fork Kitchen Deli, The Flying Guardsman and Cobblers Wine bar. More established retailers close by include Adnams Kitchen cellar Shop and the Co-op. Hadleigh has a population of around 10,000 but serves a wider catchment area and is situated some ten miles west of Ipswich and thirteen miles east of Sudbury. Colchester is about 15 miles from where there are main line services to London Liverpool Street taking around 50 minutes.

Description
A Grade II Listed property comprises a ground floor commercial unit, with a self-contained 2-bedroom apartment on the first floor. The open plan retail unit benefits from a prominent position in the town centre, with glazed frontages onto the High Street and cellar. An enclosed rear yard provides storage space with a brick outbuilding having power. Accessed via the rear vestibule, the first floor flat comprises landing, sitting room, 2 bedrooms, bathroom, and kitchen.

Tenancies
Both floors are let to Hadleigh Pet Supplies on a 7-year full repairing and insuring lease from 21 September 2020, with a break option in 2023. The current rent is £17,500 per annum.

Business Rates
TBA

Services
We understand that all mains services are connected.

Terms
Offers are invited in the region of £250,000 for the freehold interest, subject to the existing tenancy.

Legal Costs
Each party is responsible for their own legal costs.

Property information from this agent

Places of interest

    Established in September 2019, Chapman Stickels is a company of independent estate agents, headed by the two founding partners Robert Chapman and Benedict Stickels. The company’s ethos is firmly based on core values – to provide impartial and informed advice on all aspects of residential property, ranging from the marketing and sale of individual village and country houses, development sites, conversions, planning matters and lettings.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.