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Guide price
£230,000

Mixed use for sale

108A/109 Risbygate Street, Bury St. Edmunds, Suffolk IP33 3AA
Auction
Mixed use
3 beds
Added today

Key information

TenureFreehold
Council taxBand B

Features and description

  • Mixed use investment
  • Restaurant with 3 bedroom flat above
  • Tenanted on a 20 year lease from 2019
  • Rental income of £25,000 per annum
  • Guide price: £230,000 to £250,000
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 10:00am, Wednesday 25th March 2026

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 25th MARCH 2026 AT 10:00AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

A prime mixed use investment with a strong yield

Situated in the heart of this prosperous market town just off the A14 is this mixed use investment opportunity comprising a popular 52 cover restaurant and a 2 storey, 3 bedroom flat above with independent access.

The property has been let on a 20 year lease from May 2019 at a current rent of £25,000 per annum which represents a healthy 10.9% return based on the low end of the Guide Price.

We see this as a solid opportunity for the discerning investor.

Viewing Strictly by appointment with Auction House. [use Contact Agent Button]
Current Rateable Value Current Rateable Value (from 1 April 2023 to present)
£21,000
EPC 108A - D
109 - C
Council Tax Band Flat - B

Tenure: Freehold

EPC Rating: C & D

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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Area statistics

Crime score
High crime
10/10

About this agent

Auction House - East Anglia
Auction House - East Anglia
The Barn, Newmarket Road Cringleford Norwich, Norfolk NR4 6UE
01603 398879
Full profileProperty listings
The Auction House team have been holding auctions in East Anglia for over fifteen years. We originally operated under the Tops name, then as Tops Auction House. We have been the Eastern Region’s leading Land and Property auctioneers since 2002 and are highly respected in the area. Sale numbers have grown over the period to over 400 properties per year with success rates averaging out at well over 80% since 2004. Auction House East Anglia draws entries for its auction room in Norwich from a wide geographical area and is supported by a number of market and coastal town Introducer Agents who provide entries and assist with viewings. Auction House East Anglia operates from offices in Norwich (servicing Norfolk), King's Lynn (servicing NW Norfolk and parts of Cambridgeshire), Peterborough (servicing Cambridgeshire) and Ipswich (servicing Suffolk and North Essex) and sells a wide variety of property types covering the residential, land, commercial, investment and agricultural sectors. Many are vacant for improvement, others tenanted or for development. We are expert advisers and guide vendors as to the most appropriate method of sale which could be by Formal or Informal Tender, Invited Offer, Private Treaty or Auction. Auction House East Anglia was the model Licensee and provided the template for others to follow. It continues to be one of the most successful operators in the UK and is the ‘first choice’ regional auctioneer across the counties of Norfolk, Suffolk, Cambridgeshire and North Essex.
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