18a Market Hill Sudbury Suffolk CO10 2EA

  • 18a Market Hill<br>Sudbury<br>Suffolk<br>CO10 2EA

18a Market Hill
Sudbury
Suffolk
CO10 2EA

Freehold Retail Investment in Prosperous Market Town

  • Shop let to an Estate Agent
  • New 10 year lease from August 2021 (subject to option)
  • Newly refurbished shop
  • Prosperous and Historic Market Town
  • Close to WHSmith, Boots the Chemist and Greggs
  • Lot
    13
  • Auction
    31st March 2022
  • Rent
    £20,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Auction Venue
    Live Streamed Auction
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Freehold Retail Investment in Prosperous Market Town

  • Shop let to an Estate Agent
  • New 10 year lease from August 2021 (subject to option)
  • Newly refurbished shop
  • Prosperous and Historic Market Town
  • Close to WHSmith, Boots the Chemist and Greggs
  • Lot 13
  • Auction 31st March 2022
  • Rent £20,000 per Annum Exclusive
  • Status Sold Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
20 miles west of Ipswich, 15 miles north-west of Colchester, 37 miles south-east of Cambridge, 67 miles from London
Roads
A131, A134
Rail
Sudbury Railway Station
Air
London Stansted Airport
Situation

Sudbury is a prosperous, historic and sought-after market town. By rail it links with London's Liverpool Street station (1 hour 28 minutes) and is 32 miles from London Stansted Airport. The property occupies an excellent trading location on Market Hill, with nearby occupiers including WH Smith, Boots the Chemist, Greggs and Costa Coffee.
The property benefits from a nearby car park on Market Place and one of the the town's main shoppers' car parks is immediately to the rear.

Tenure

Freehold.

Location
Miles
20 miles west of Ipswich, 15 miles north-west of Colchester, 37 miles south-east of Cambridge, 67 miles from London
Roads
A131, A134
Rail
Sudbury Railway Station
Air
London Stansted Airport
Situation

Sudbury is a prosperous, historic and sought-after market town. By rail it links with London's Liverpool Street station (1 hour 28 minutes) and is 32 miles from London Stansted Airport. The property occupies an excellent trading location on Market Hill, with nearby occupiers including WH Smith, Boots the Chemist, Greggs and Costa Coffee.
The property benefits from a nearby car park on Market Place and one of the the town's main shoppers' car parks is immediately to the rear.

Tenure

Freehold.

Description

The property comprises a Grade II listed shop arranged on the ground, first and second floors. The property has been comprehensively refurbished with a new shop front, redecoration throughout internally and full redecoration at first floor level.

VAT

VAT is applicable to this lot.

Completion Period

6 Week Completion

EPC

Band E.

Description

The property comprises a Grade II listed shop arranged on the ground, first and second floors. The property has been comprehensively refurbished with a new shop front, redecoration throughout internally and full redecoration at first floor level.

VAT

VAT is applicable to this lot.

Completion Period

6 Week Completion

EPC

Band E.

Tenancy & Accommodation

Floor Use Floor Areas (Approx sq m) Floor Areas (Approx sq ft) Tenant Term Rent p.a.x. Rent Review
Ground
First
Second (void)
Retail/Ancillary
Ancillary
Ancillary
55,74 sq m
46.45 sq m
-
(600 sq ft)
(500 sq ft)
(-)
OAKHEART PROPERTY LIMITED
(t/a Oakheart Estate Agents) (1)
10 years from 11/08/2021 (2) on a full repairing and insuring lease
£20,000
11/08/2026
Total:  
102.19 sq m
(1,100 sq ft)
       

(1) (www.oakheartproperty.co.uk). A £12,000 rental deposit is held by the landlord.
(2) The lease is subject to a tenant option to determine on 11/08/2026

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Seller's Solicitors
Druces LLP Salisbury House, London Wall
London
EC2M 5PS
Karen Chapman +44 (0)20 7216 5591k.chapman@druces.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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