Overview
- Updated On:
- April 9, 2024
Description
- 2 STOREY FREEHOLD PREMISES SUITABLE FOR OWNER OCCUPATION OR INVESTMENT
- POTENTIAL FOR FIRST FLOOR RESIDENTIAL CONVERSION STP
- CURRENTLY TRADING AS 2 STOREY CAFE/WINE BAR WITH COURTYARD GARDEN & CELLAR
- FIXTURES & FITTINGS AVAILABLE BY SEPARATE NEGOTIATION
The premises comprise of an attractive Grade II Listed mid-18th century property of timber-frame construction with plaster and colourwash finish, under a slate roof.
Langams Café and Wine Bar have occupied the premises since 2019 and due to a change of personal circumstances the café will be closing upon completion of a sale.
4 Market Place presents an ideal opportunity for an owner occupier to either continue the current use within the food industry (existing fixtures and fittings could be available by separate negotiation) alternatively, the versatile accommodation lends itself to a variety of other retail uses. The first floor has potential for residential conversion, subject to planning.
Location
The premises occupy a prominent location in the centre of the market town of Stowmarket. Nearby occupiers include a selection of independent retailers in addition to, Superdrug, QD, Peacocks, and Subway. The towns visitor carparks are all easily accessible to Market Place.
Stowmarket is situated on the busy A14 trunk road between Bury St Edmunds (15 miles) to the west and Ipswich (12 miles) to the southeast. The town is on the main railway line between London and Norwich. Stowmarket has a population of around 21,000 which is likely to increase dramatically due to the residential developments currently underway.
Please note that the following dimensions and areas are approximate:
Cafe Area: Depth 32’
Width 17’ narrowing to 14’ providing 465 sq ft
Incorporated within the above measurements and located towards the rear of the café area is a preparation worktop and serving counter. Door to courtyard.
Useful Cellar
First Floor
Room 1: 12’ x 12’
Room 2: 14’6” x 15’
Office: average of 6’ x 9’5”
NIA of above is approximately 845 sq ft
Rear door from the café seating area leads to the WALLED COURTYARD GARDEN, with further seating available.
Kitchen: 13’ x 13’ narrowing to 10’6”
(Access gained via the courtyard)
Rear Storeroom: 12’ x 15’6”
Ladies & Gents Cloakroom
GIA: Around 1,200 sq ft
Services: Mains water, electricity and gas are connected.
Rates: Rateable Value – £12,750 Multiplier for the current year 49.9p
Terms: The premises are available For Sale at the asking price of £210,000 for the freehold with vacant possession.
Viewing: By confirmed prior appointment with Birchall Steel Ltd – 01787 883888
EPC: Rating C valid until May 2029 Certificate no. 9409-3095-0513-0500-4295
4 Market Pl Stowmarket 2024 Freehold
