Skip to main content
£250,000Guide price

2 bedroom property for sale

77 & 77A High Street, Hadleigh

Sold STC
Email agent
Contact
Email agent
Contact
Property
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

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

  • 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.

      See more properties like this:

      DISCLAIMER

      Property reference 30950881. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Chapman Stickels - Hadleigh. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

      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.

      UKCreditRatings

      *UKCreditRatings offer a 14-day trial to their credit report service. If you choose not to cancel within the trial period, you will incur the monthly subscription of £19.95 until you cancel the account.