10 Bed Town House For Sale

REDEVELOPMENT OPPORTUNITY - A 10,000 sqft commercial listed premises (former town house) with parking, garden, courtyard, coach house and 80+ space carpark. Currently home to a private members club offered freehold with vacant possession.

A substantial Grade I listed former town house located on the edge of the historic town centre of Bury St Edmunds. A unique cathedral market town in the heart of Suffolk. The formal entrance on Northgate Street, large car park and club entrance are accessed from Pump Lane. Currently the home of the Bury St Edmunds and Farmers Club, it provides flexible accommodation over three floors plus cellars, with formal receptions from an elegant double Regency Room to oak panelled reception and bar, and a commercial kitchen and club reception. On the first and second-floors the majority of the rooms are used as meeting rooms or offices, some let on short term leases, expiring by the end of 2025. The basement is used for a barrel and bottle store for the bar. There are three outbuildings in the courtyard to the rear, currently used for storage.

AGENTS NOTE: Consideration will be given to offers that would facilitate the continuance of a private members club within part or all of the property.

Accommodation We have been provided with the measurements and floorplan below measuring to IPMS2 (Residential): from a third-party Total:906.9 sqm / 10,681sq ft.

The accommodation includes; entrance, reception hall, bar, dining rooms, garden room, kitchen and ancillary space, small basement, a range of offices and ancillary rooms to the upper floors, garden, courtyard with outbuildings and a car park with approximately 82 spaces as currently arranged. Approx site area: 0.85 acres (Car Park only: 0.55 acres)

Car Park The car park currently generates an income of approx. £50,000 per annum.

Use & Planning The property is Grade I listed. Current use is private members club which is a Sui Generis use. The building and car park may be suitable for a variety of alternative uses i.e. Commercial, Business, Leisure and Residential uses. Interested parties should make their own enquiries to the local planning authority for their proposed use. Offers should not be subject to planning.

VAT The premises are not opted for VAT.

Business Rates The Property 10 Northgate Street has a Rateable Value of £24,500 (2023).

Costs Each party will bear their own legal costs, but the purchaser will pay any abortive costs incurred by the freeholder.

EPC - D