Property Information
Address:
22 Abbeygate Street, Bury St. Edmunds, Suffolk
, IP33 1UN
, Suffolk
, United Kingdom
Price: Buy: POA
Size: 6748 sq ft627 sqm
Primary Category: Shop
All Categories:
Investment, Leisure, Shop,
Property Ref/Movehut: MH679256
Property Ref/Agent: 3013736
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 8, 2024
Property description
The property is an attractive town centre retail/restaurant premises with frontage onto Abbeygate Street and arranged over ground floor and basement. The first and second floors comprise of 6 flats with separate access from Lower Baxter Street and are occupied by long leaseholders as a ground rent investment. The property was extensively refurbished in 2018.
Retail/restaurant & residential ground rent investment
Situated in high footfall location in heart of town centre
Fully let and producing £81,050per annum exclusive
Gross yield 7.9%
Current EPC ratings:
22 Abbeygate Street- D (77)
Chapter House- C (73)-(75)
The property is a Grade II listed building under reference: 1328862 and is situated within a conservation area.
The ground floor and basement are let on a lease expiring 8th
January 2033. The upper floors are all held on long leaseholds expiring 23rd June 2142. Further details available upon request.
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