Property Features

Location:
3 King Street, Sudbury, Suffolk, CO10 2EB
Tenure:FREEHOLD
3 King Street, Sudbury, Suffolk CO10 2EB
Offers in the Region of £235,000
Property Type
Busy Location / Investment Opportunity / Retail

About the Property

  • RETAIL INVESTMENT OPPORTUNITY
  • MODERN PURPOSE-BUILD UNIT
  • PART AIR-CONDITIONED
  • OCCUPYING A BUSY LOCATION, A FEW YARDS FROM SUDBURY MARKET HILL
  • CURRENTLY LET & PRODUCING A GROSS YIELD OF £18,000 PA
  • 3 King Street, Sudbury, Suffolk CO10 2EB
  • Freehold for Sale - Offers invited in the region of £235,000

Location

The premises occupy a busy trading location in the heart of the town centre in King Street which is the only vehicular route into the Market Hill, the town’s prime retail area.  Nearby occupiers include Santander, Bairstow Eves, Premier Travel and a variety of local independent eating establishments, retailers and estate agents.

Sudbury itself is a busy and expanding market town with a population of around 25,000 but which serves a much wider catchment area.  There are branch line train services from Sudbury to London via Marks Tey, taking around 70 minutes and Stansted Airport is about 40 minutes’ drive away.

Description

The property comprises one of a pair of purpose-built shop units dating from the 1970’s and built on the site of an earlier building which was destroyed by fire.  The property is constructed of cavity brickwork under a mainly pitched slate roof and there is a useful lean-to ancillary store at the rear.

The property has been recently refitted and upgraded by the current tenant and there is part air conditioning and modern fire system and further supplementary heating via modern electric radiators.

The property provides the accommodation as opposite, please note all dimensions and areas are approximate.

Dimensions     

Net Frontage    15’5”

Internal Width  19’0” narrowing at the rear to 16’5”

Overall Depth    39’6”

Net Sales Area  671 sq ft

Rear Storeroom  ‘L’ shaped 23’9” x 6’3” & 16’6” x 8’6” providing 288 sq ft

Outside:  There is an enclosed rear garden currently overgrown and unused

A concrete staircase leads to:-

First Floor

Commercial Kitchen  16’2” x 11’9” providing 190 sq ft

Ladies & Gents Cloakroom each with WC

Kitchenette  6’6” x 5’2” providing 52 sq ft

Lease

The property is let to Dinky Treats Ltd on a 6 year lease from 1st December 2023.  There is a personal guarantee and rent deposit held of £2,625.  The rent reserved is £18,000 per annum exclusive and is subject to review on 1st November 2026.

Note – The tenant has recently enquired about extending the term.

Services

Main water, electricity, gas and drainage are connected.

Rates

Rateable Value effective from 1st April 2026 is £14,250.

Terms

The property is available Freehold.

VAT – The Unit is not elected for VAT purposes.

EPC – Rating C – 51

Viewing

Strictly by prior appointment with the sole agents Birchall Steel a division of Nicholas Percival.

FAO:     Gordon Birchall / Karen Street                    Tel:  01787 883888                      Ref. C6084

Email:  Gordon.Birchall@birchallsteel.co.uk  / karen.street@birchallsteel.co.uk

EPC Certificate Link:  https://find-energy-certificate.service.gov.uk/energy-certificate/9475-3042-0165-0600-7321

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