a rare and exciting opportunity to purchase a guide price ...bakery premises with open plan...

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A rare and exciting opportunity to purchase a mixed use investment in the centre of Wickham Market, comprising the renowned butchers, E W Revett & Son, incorporating a bakery and wine shop, together with a two bedroom house and flat. Currently generating £39,000 per annum and comprising the butchers & bakery premises with open plan retailing area, cutting room and preparation area, together with staff room and storage on the first floor. Wine shop and range of outbuildings including former garage, stores and cold stores. 85 High Street - comprising a two bedroom end of terrace house with rear garden. 81 High Street - a first floor flat comprising a sitting/dining room, kitchen, bedroom and bathroom. Enclosed courtyard and parking. Guide Price £525,000 Freehold Ref: P5721/J 81/83/85 High Street Wickham Market Woodbridge Suffolk IP13 0RA Clarke and Simpson Well Close Square Framlingham Suffolk IP13 9DU T: 01728 724200 F: 01728 724667 And e London Office 40 St James’ Place London SW1A 1NS [email protected] www.clarkeandsimpson.co.uk Contact Us Chartered Surveyors / Estate Agents

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Page 1: A rare and exciting opportunity to purchase a Guide Price ...bakery premises with open plan retailing area, cutting room and preparation area, together with staff room and storage

A rare and exciting opportunity to purchase a mixed use investment in the centre of Wickham Market, comprising the renowned butchers, E W Revett & Son, incorporating a bakery and wine shop, together with a two bedroom house and flat.

Currently generating £39,000 per annum and comprising the butchers & bakery premises with open plan retailing area, cutting room and preparation area, together with staff room and storage on the first floor. Wine shop and range of outbuildings including former garage, stores and cold stores. 85 High Street - comprising a two bedroom end of terrace house with rear garden. 81 High Street - a first floor flat comprising a sitting/dining room, kitchen, bedroom and bathroom. Enclosed courtyard and parking.

Guide Price £525,000 Freehold Ref: P5721/J

81/83/85 High Street Wickham Market Woodbridge Suffolk IP13 0RA

Clarke and Simpson Well Close Square Framlingham Suffolk IP13 9DU T: 01728 724200 F: 01728 724667

And The London Office 40 St James’ Place London SW1A 1NS

[email protected]

Contact Us

Chartered Surveyors / Estate Agents

Page 2: A rare and exciting opportunity to purchase a Guide Price ...bakery premises with open plan retailing area, cutting room and preparation area, together with staff room and storage

Location The property occupies a prominent position within the centre of Wickham Market, overlooking The Hill. Wickham Market is ideally located between Woodbridge, Framlingham and the Suffolk Heritage Coast. The village offers a range of businesses, including a Co-operative supermarket, a post office, chemist, McColls general store, a hardware store, flooring supplier, Rackham’s Mill - a solid fuel and animal and pet food retailer, boutique/gift shop, restaurants, fish & chip shop, a health centre, dentists, library and primary school. The village is also within the Thomas Mills High School catchment area for secondary schooling. Wickham Market is conveniently situated for access to the A12 and the railway station at Campsea Ashe, which provides a connecting service to London via Ipswich. Attractions in this area include Framlingham and Orford Castles, the waterfront and Tide Mill at Woodbridge and the seaside towns of Aldeburgh and Southwold. The world famous Snape Maltings concert hall lies within convenient reach by car and there are nature reserves at Minsmere, Havergate Island and Shingle Street.

Description This mixed use income producing investment opportunity provides a rare and exciting prospect to acquire a prominent retail premises that is currently occupied by one of the region’s finest butchers, E W Revett & Sons. The property comprises an open plan butchers and bakery business with ancillary cutting rooms and preparation areas, together with wine shop. To the rear of the retail premises is an enclosed courtyard, with useful storage buildings and cold stores, together with a staff room and The Flat, which is currently occupied by a member of staff. In addition there is a two bedroom house, 85 High Street, which is an end of terrace house. This is also currently occupied by a member of staff, but essentially is a standalone residential dwelling with garden at the rear. Some parts of the premises are not currently utilised, including some first floor accommodation above the wine shop and butchers. These could be converted, subject to the necessary consents, to provide additional retailing/storage areas or additional residential accommodation serving The Flat and number 85. The Lease The premises are being offered freehold, subject to the occupational lease in favour of E W Revett & Son (a partnerhip) for a period of 21 years from 31st March 2003 (circa 7 years unexpired). The current passing rent is £39,000 per annum exclusive payable from 1st April 2011. A full copy of the lease is available on request. Viewing Strictly by appointment with the agent. Services All mains services are connected to the site, including a three phase electricity supply. Rateable Value 81-83 High Street - £10,000, with rates payable 2017/2018 being £4,840 per annum. Council Tax 85 High Street - Band A; £1,045.37 payable per annum 2017/2018. Flat at 81 High Street - Band A: £1,045.37 payable per annum 2017/2018. Local Authority Suffolk Coastal District Council, East Suffolk House, Station Road, Melton, Woodbridge, Suffolk IP12 1RT; Tel: 01394 383789 EPC Rating Available from the agents on request.

Page 3: A rare and exciting opportunity to purchase a Guide Price ...bakery premises with open plan retailing area, cutting room and preparation area, together with staff room and storage

81 & 83 High Street - The Retail Premises The principal retailing space comprises the butchers, the bakery and the adjoining wine shop. The butchery and bakery is predominantly open plan, but served by two separate doors. To the rear of the butchery is the cutting room, where the various meats are prepared, and this space has separate access doors to the courtyard area at the rear. To the rear of the bakery is a small preparation area, where there is also a door to the rear courtyard. The wine shop benefits from its own frontage and access door, but there is also a connecting door through to the bakery. This area is fitted out with display cabinets for the wine and benefits from recessed spotlighting and wooden herringbone flooring. To the rear is a storage/preparation area, with door providing access to the courtyard and storage cupboards incorporating a sink unit with work surface to the side. From the storage/preparation area a door opens into an Inner Hall, with door to Cloakroom and stairs leading to the first floor accommodation. This is currently redundant and in a basic condition, but could be improved to provide additional accommodation, subject to the necessary consents. To the front is a large room with fireplace and window overlooking The Hill, whilst to the rear there are two additional rooms which could be converted to provide a bedroom and bathroom. Alternatively, the accommodation could be connected with next door, number 85, to create additional residential accommodation serving that property.

Outside The premises occupy a prominent and prime position, overlooking The Hill. There is vehicular access to the side of the property, by virtue of a right of way, that leads to a parking area in front of double gates that provide access to the rear courtyard. From here there is staff access to the cutting room, the bakery and the wine shop. There is also access to The Flat, and a galvanised staircase leads up to the staff room, with WCs and attic storage area. The attic storage area shares a party wall with The Flat, and subject to the necessary consents could provide additional accommodation serving the flat if required.

Page 4: A rare and exciting opportunity to purchase a Guide Price ...bakery premises with open plan retailing area, cutting room and preparation area, together with staff room and storage

The Outbuildings Within the courtyard there are a number of outbuildings including the dry store (previously the garage), the spice store, and two cold stores, each of which are served by refrigeration units. There is also an additional refrigeration unit that serves the counters within the butchers, and an air conditioning unit serving the shop.

The Wine Shop

The Cutting Room

Page 5: A rare and exciting opportunity to purchase a Guide Price ...bakery premises with open plan retailing area, cutting room and preparation area, together with staff room and storage

The Courtyard & Outbuildings

Storage space above Wine Shop

Page 6: A rare and exciting opportunity to purchase a Guide Price ...bakery premises with open plan retailing area, cutting room and preparation area, together with staff room and storage

85 High Street The Accommodation The House Ground Floor A front door (now sealed) opens into the Sitting Room With window overlooking the High Street and The Hill, former fireplace (now sealed), with carved wood surround and raised brick hearth, radiator, TV point, door to understairs storage cupboard and door to Inner Hall With stairs to first floor, door to the side alleyway and door through to the Dining Room With French doors opening out into the Rear Courtyard, door to small understairs storage cupboard, telephone point, radiator and door through to Kitchen/Breakfast Room With windows providing views over the rear courtyard and garden, fitted with range of cupboard and drawer units with wood effect worksurface over incorporating stainless steel sink with drainer and mixer tap and recess for freestanding oven. Recess and plumbing for washing machine, wall mounted gas fired boiler, radiator, door to the side alleyway, (providing access to the High Street and gardens), access to roof space, radiator and door to Pantry Cupboard. From the Inner Hall stairs rise to the First Floor Landing With radiator and doors off to Bedroom One A double bedroom with window on the front elevation overlooking the High Street and The Hill. Door to Airing Cupboard, range of fitted furniture, access to roof space and radiator. Bedroom Two With window on the side elevation and Velux window light. Radiator. Bathroom With panelled bath with mixer tap and shower attachment in tiled surround and mounted wash basin with cupboard under. Radiator, strip light, shaver socket and extractor fan. Outside 85 High Street is set just off the High Street with a small area to the front of the property enclosed by low level railings. A pathway leads beside the property and onto the rear, where there is an enclosed courtyard area that can be accessed via the French doors from the dining room, and garden. The garden is laid to grass, with a range of brick built store buildings at the rear.

Page 7: A rare and exciting opportunity to purchase a Guide Price ...bakery premises with open plan retailing area, cutting room and preparation area, together with staff room and storage

Flat at 81 High Street, Wickham Market Accommodation The flat is accessed via the rear courtyard, which is shared with the butchery and bakery business. A part glazed door opens into an Entrance Lobby With night storage heater and stairs that rise to the First Floor Landing With door to Sitting/Dining Room A good size reception room with window overlooking the High Street and the Hill. TV point, wall light points, night storage heater and doors off to Kitchen Fitted with a range of cupboard and drawer units with granite effect worksurface over incorporating a stainless steel sink with drainer and integrated Neff four ring halogen hob with oven and grill under and light and extractor hood over. Undercounter recess for fridge and freezer. Spotlighting and Velux window light. An opening from the Sitting/Dining Room leads to a Lobby Area With recess and plumbing for washing machine and doors off to Bedroom A double bedroom, which also benefits from good views over the High Street and The Hill. Electric panel heater. Bathroom Fitted with suite comprising panelled bath with mixer tap and shower attachment in fully tiled surround, pedestal wash basin and WC. Strip light with shaver socket, extractor fan and electrically heated towel rail. Door to Airing Cupboard.

Page 8: A rare and exciting opportunity to purchase a Guide Price ...bakery premises with open plan retailing area, cutting room and preparation area, together with staff room and storage

Garden serving 85 High Street

The access route

Page 9: A rare and exciting opportunity to purchase a Guide Price ...bakery premises with open plan retailing area, cutting room and preparation area, together with staff room and storage

Indicative Site Plan

Page 10: A rare and exciting opportunity to purchase a Guide Price ...bakery premises with open plan retailing area, cutting room and preparation area, together with staff room and storage
Page 11: A rare and exciting opportunity to purchase a Guide Price ...bakery premises with open plan retailing area, cutting room and preparation area, together with staff room and storage
Page 12: A rare and exciting opportunity to purchase a Guide Price ...bakery premises with open plan retailing area, cutting room and preparation area, together with staff room and storage

Need to sell or buy furniture? If so, our Auction Centre would be pleased to assist — please call 01728 746323.

Directions The premises will be found in the centre of Wickham Market, overlooking The Hill.