Chartered Surveyors / Estate Agents

A mixed use investment opportunity with Guide Price £625,000 Freehold scope for redevelopment (stp) comprising Ref: P6625/J two retail units and a two bedroom House High Street apartment, in the centre of the popular Yoxford and accessible village of Yoxford. Suffolk IP17 3EP

Contact Us An owner-occupied retail unit arranged over ground and first Clarke and Simpson floors. Well Close Square A ground floor café currently let and generating £7,500 per annum. Suffolk IP13 9DU A first floor two bedroom apartment currently let generating T: 01728 724200 F: 01728 724667 £4,800 per annum. And The Office In all over 4,000 sq. ft. (372 sqm). 40 St James’ Place London SW1A 1NS Off-road parking and gardens to the rear. [email protected] www.clarkeandsimpson.co.uk Location Suffolk House will be found on the High Street (TheA1120 Suffolk Tourist Route) in the very centre of Yoxford; a highly desirable village with a village store, an assortment of antique shops and galleries, a primary school, tennis, bowls and cricket clubs, two pubs, cafés and restaurants and the Satis House restaurant/hotel. It is located adjacent to the A12 trunk road giving it easy access to the north and south as well as to the Heritage Coast, with the popular resorts of (10 miles), (6 miles), (8 miles), (10.5 miles) and Snape (7.5 miles) all within a short drive. Yoxford is also home to the annual Arts Festival, which features musicians, actors and poets with many workshops, master classes and exhibitions being held in the village. The nearby railway station at gives regular services to and, in turn, onto London Liverpool Street Station. There is also a railway station at , (4 miles), and further facilities including Waitrose and Tesco supermarkets. Description Suffolk House comprises an extensive, mixed use investment opportunity in the centre of the popular and accessible village of Yoxford, close to the A12 trunk road and with good access links to the Heritage Coast.

The building is not Listed, but is believed to date from the late 18th Century. The vendor has operated his antique business from the main part of the building for 30 years, but is selling as he wishes to downsize. The vendor would, however, consider a short term lease at a market rent for just the ground floor area and vacating the first floor accommodation for possible redevelopment, subject to the necessary consents.

Excluding the garage, the building extends to over 3,600 square feet (335 sqm), and comprises a retail unit (Suffolk House Antiques), that is arranged over ground and first floors. Previously the first floor retail accommodation serving Suffolk House Antiques was used as two 2 bedroom apartments, with independent accesses seemingly straightforward to reinstate. The serviceconnections on the first floor are also still in situ (although not tested).

Adjoining Suffolk House Antiques is the tea room (formerly the post office serving the village) and trading as G & Ts. This is a ground floor retail unit with use of part of the garden for outside dining, and with a passing rent of £7,500 per annum.

In addition there is a first floor two bedroom apartment, which the tenants of G & Ts occupy under the terms of an assured shorthold tenancy and paying £4,800 (£400 pcm).

Outside there is off-road parking set beneath the first floor apartment. We are advised that, historically, this part of the building was enclosed, and offers scope forredevelopment, subject to the necessary consents. To the rear is a good size garden, and part of this is included within the lease for the tea room (G & Ts).

Schedule of Areas & Passing Rent

Approx Approx Passing Rent Sq Ft Sqm Suffolk House Antiques - Ground Floor 1,002 93.07 N/A- owner occupied Suffolk House Antiques - First Floor 1,450 134.71 N/A- owner occupied

The Tea Room (G & Ts) 600 55 £7,500 pa

First Floor 2 bedroom Apartment 585 54.37 £4,800 pa

TOTAL 3,637 337.15 £12,300pa

Site Plan — Indicative Only G & T’s Café inc Outside Seating Area Flat

G & T’s Café Outside Seating Area Suffolk House Antiques

Viewing Strictly by appointment with the agent. No more than two related viewers will be admitted to the property and assurances must be provided that neither party has Covid-19 symptoms. Viewers must bring with them appropriate PPE (mask) and sanitise accordingly.

Services Mains water, electricity and drainage connected. Night storage heaters serving parts of the retail premises and the apartment. Former gas connection that has not been tested.

EPC Suffolk House Antiques - Rating = D; Flat - Rating = B, G&Ts - Rating = C

Council Tax - Flat Band A; £1,231.53 payable per annum 2021/2022

Business Rates G&T’s Café Rateable Value £4,600 per annum; Suffolk House Antiques Rateable Value £4,850 per annum

Local Authority East Suffolk Council; East Suffolk House,Station Road, Melton, Woodbridge, Suffolk IP12 1RT; Tel: 01394 383789

NOTES 1. These particulars are produced in good faith, are set outas a general guide only and do not constitute any part of a contract. No responsibility can be accepted for any expenses incurred by intending purchasers or lessees in inspecting properties which have been sold, let or withdrawn. Interested parties should rely on their own/their surveyors investigations as to the construction type of the property and its condition. No warranty can be given for any of the services or equipment at the property and no tests have been carried out to ensure that heating, electrical or plumbing systems and equipment are fully operational. Any distances, room aspects and measurements which are given are approximate only. Any plans are indicative only and may not be the same as the transfer plan/s. No guarantee can be given that any planning permissions or listed building contents or building regulations have been applied for or approved. The agents have not been made aware of any covenants or restrictions that may impact the property, unless stated otherwise

2. Under Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 we, as Estate Agents, are required to obtain identification from buyers in the form of thephoto page of your passport or a photo driving licence. The document must be in date. In addition, we need proof of address in the form of a utility bill with the name and address of the buyer. This must not be more than three months old. We are also under obligation to check where the purchase funds are coming from.

May 2021

Directions Heading north on the A12 from Ipswich, bypass Woodbridge and Saxmundham and upon entering the village of Yoxford, turn left where signposted to the A1120 tourist route opposite the King’s Head public house. Continue along the High Street for approximately 600 yards where the property will be found on the right hand side.

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