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£250,000Guide price

2 bedroom property for sale

77 & 77A High Street, Hadleigh

Sold STC
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Email agent
2 bedroom
1 bathroom

Property description

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

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.

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.

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

We understand that all mains services are connected.

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

  • 77 and 77a High Street.pdf
    1. 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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