£425,000

Retail premises for sale

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Freehold

Offers in region of

£425,000

(£224.39/sq. ft)

Retail premises for sale

22-24 Churchgate Street, Bury St. Edmunds IP33

1,894 sq. ft

Local area information

Property location

Nearby amenities

  • Guildhall Feoffment Community Primary School 0.1 miles
  • St Edmund's Catholic Primary School 0.2 miles
  • Bury St Edmunds 0.7 miles
  • Thurston 4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Bury St Edmunds to find out more about the local area.

Features and description

  • Freehold
  • Town Centre location
  • Suitable redevelopment opportunity (stp)
  • Part let/part vacant
  • Recently producing £27,600 per annum fully let
  • VAT is not chargeable on the price
Description

22 – 24 Churchgate Street is an attractive Grade II listed property comprising vacant ground floor retail space and a tenanted first and second floor flat. Internally the property has a wealth of period features including exposed brick and timber beams. The retail unit has attractive window frontage to Churchgate Street. There is a rear courtyard accessed from the retail unit as well as ground floor WC’s and basement storage.

The ground floor retail unit has two access doors and has historically been let as two separate units, but most recently as one unit. The first and second floors comprise a tenanted flat. The flat comprises two/three bedrooms, living room, two bathrooms and a kitchen. There is no parking with the property.

Location

The property is located in Churchgate Street, part of the medieval grid area of the town centre. The property forms part of a largely residential street of the town with some commercial shops, offices and restaurants, and is a short walk from the towns primary shopping areas and the Abbey Gardens. Bury St Edmunds is an affluent and attractive market town and the administrative, commercial and cultural centre for West Suffolk. The town is located approximately 26 miles east of Cambridge, 36 miles south-west of Norwich and 23 miles north-west of Ipswich. It has a primary catchment population of 257,000 people and a population of 41,291 (2021 census). The town is a significant retail and leisure destination for the western and wider region of Suffolk.

Tenure

The property is available freehold subject to the occupational tenancy of the flat.

Planning

The most recent uses of the property has been retail on the ground floor and residential on the upper floors. Buyers are to make their own planning enquiries.

VAT

VAT is not payable on the purchase price.

Viewing And Further Information

Please contact Hazells Chartered Surveyors to arrange a viewing.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Hazells Chartered Surveyors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hazells Chartered Surveyors for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Suffolk
  4. Bury St. Edmunds
  5. Churchgate Street