1 Bed Retail Property (high Street) For Sale

Ground floor shop with access off the High Street, one bedroom apartment over the shop with its own separate side entrance and integral garage. Available for sale Freehold with the tenants in situ.

Full Description - Ground floor shop with access off the High Street, one bedroom apartment over the shop with its own separate side entrance and integral garage. Available for sale Freehold with the tenants in situ.

The property was a former Post Office and still retains an operational Royal Mail post box set in the buildings façade. The last commercial tenant was formally a pizzeria an the shop has had various Class E uses over the years.

Location - The property lies on the High Street of the sought after village of Ixworth, just 6 miles from Bury St Edmunds.

Ixworth is a particularly well served village having a range of shops, hairdressers, doctors surgery, school, church, village hall, library and fire station. Various eating establishments such as pubs, takeaways and a café. Just under 3 miles away can be found the Wyken Vineyard with its notable restaurant, regular farmers markets and events.

Bury St Edmunds 6 miles
Thetford 9 miles
Diss 12 miles with its direct rail link to London Liverpool Street
Stowmarket 14 miles

There is a wide range of schooling nearby Ixworth Primary School (3-11), Ixworth High School and Thurston Community College (11-18), University of West Suffolk at West Suffolk Collage for further education. Nearby for private schooling is South Lee School and Culford School.

Accomodation - Garage 9.1 sq m 98 sq ft
Ground floor shop 38.4 sq m 413 sq ft
First floor flat 51.1 sq m 550 sq ft
Total 98.6 sq m 1061 sq ft

Services - Mains electricity, water and drainage connected. These services are shared between the shop and apartment. (Durrants have not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order)

Terms - The ground floor shop is currently unoccupied and may well appeal to an owner occupier. The shop will shortly be placed on the open market for rent at £7,500 p.a.

The apartment is occupied on a one years fixed term tenancy for £795.00 pcm (£9,540 p.a.) which expires on the 28th November 2025.

With the rental income being part commercial and part residential this represents a considered low risk income stream.

There is a flying freehold with part of the apartment being over the property adjacent property.

Rates - The shop has a rateable value of £5,800 and the apartment over is a council tax band A.

Vat - The property is not elected for VAT.

Planning - Our Building Consultancy Team will be happy to provide advice to prospective purchasers on planning applications, architectural design, building regulations and project management. Please contact the team directly on .

Viewing - Strictly by appointment with the Commercial office, please call to arrange a viewing.