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Freehold A1, A3 & Premises Licenced Property with Accommodation

Mildenhall, Suffolk
Freehold Price:
£285,000
Status
FOR SALE
Advert ID
137323

Offers in the region of £285, 000 for this chain free, pretty 16th Century Grade II listed building, ( former Tea Room ) located within the heart of this Historical Market Town and offering a wide range of possibilities. Currently the property is a combination of Commercial and Residential, however a wholly rounded offer with this amount of flexibility does not present itself that often so consideration for an early viewing is essential. This offer presents a wide and varied list of opportunities that support countless styles of business. Possibilities include, Coffee House, Tea Room, Cake Shop, Cake Baking and Teaching, Sandwich Shop, Gift Shop, Juice Bar, Wine Bar, Proccecco Bar or Gin Bar etc.... The only consideration required would be to your preference of crockery etc... to reflect your trading style should you wish to establish a food business. It is an ideal prospect and a first class investment for those looking for a home and a lifestyle business, This would be an ideal opportunity for a Couple or a Single person, and with Vision and little effort, you will have a turnkey enterprise. Alternatively, you may want to consider operating your commercial enterprise over all three floors.

Development Opportunity STP

A private 15ft by 10ft courtyard is situated to the rear of the property where the building can be extended resulting in an additional 450 square feet of space on each floor. This would increase the available internal space by over 60% taking the total from 750 sq. ft. to circa 1200 sq. ft. The neighboring property has followed this blueprint having been granted permission so there is a precedent. As such offers subject to planning will be considered.

The Sale of this property with its substantial opportunities comes with 7-day trading licenses for A1, A3 and a premises licence to serve alcohol both On and Off the premises as well as scope to open late into the evenings, if so desired, providing the purchaser with a diverse opportunity for business use that can trade all year and is not limited by seasonal trends. A further change of use (i. E. licenses) could be achieved, proving further diversity in its usage if so required. Situated within in easy reach of a number of RAF/US Air-force Bases, this Historical Market Town with a population circa 12000, benefits from a high volume of local residents, serving personnel and their families, as well as tourists, walkers, cyclists and passing business.


Mildenhall is located on the River Lark at the edge of Thetford Forest Park, and is found just off of the A11, having good links to the A14 and M11


The Property.
The Property is Structurally Sound, Retaining a vast amount of its period features, this heavily beamed two bedroom cottage, benefiting from both residential and business usage, is presented over three floors, with a pretty courtyard to the rear of the property. The images present how the ground floor space can be utilised to service 26 covers, with six of these being served to the front of the premises at street level, allowing you to see how the property may be presented, utilising the opportunities that accompany the licenses that compliment this sale.

The Second and Third floor of the cottage is currently the living accommodation area of the property providing a living room with a cosy alcove seating area, a study and two bedrooms.

The premises are a mid-terraced cottage located within the heart of the Historic Market Town, with plentiful free parking in the surrounding area, this also acts as a hub, serving the villages in the surrounding areas and is one that really must be viewed to understand its full potential.
The Property can also be extended at the rear of the Premises.


Property Summary

Lobby
Retail Area
Fitted Kitchen
Bathroom
Living Room
Alcove Sitting Area
Study / Office
two Bedrooms
Enclosed Courtyard with Purpose Build Out Building

The sale is for the Freehold of the Property, the Licences ( A1, A3 and Alcohol Licences)
and includes Furnishings, Fixtures and fittings.
Allowing the purchaser to quickly establish their style of trading, and maximise on the substantial footfall within the market place and town centre.
A full list of the inclusions will be provided at the point of viewing.

The Property holds a premises licence, granted by the Forest Heath District Council. The licencing act of 2003 states that properties serving alcohol must have a designated premises supervisor who holds a personal licence. This would only apply should you wish to utilise the alcohol licence.

A Stamp duty threshold advantage for this property can be gained in relation to it's Business / Residential Split.

Viewings are by appointment only, at which point a full inventory of the additional assets included with this purchase will be provided. To make an appointment please complete the enquiry form below.

An opportunity this compelling, is rare, so early viewings are recommended.

Listing Details
Freehold Price: £285,000
Tenure: Freehold
Location: Mildenhall, Suffolk
Sector: Tea Rooms, Retail, Commercial Properties
Key Features
  • With Accommodation
  • Prime Location
  • Attractive Business
  • Vacant/Empty Premises
  • Unique Business
  • Small Business
  • Potential for Alternative Use
  • Close to Local Amenities
  • Central Position in Affluent Village
  • Nil Premium
What's nearby
Within 1 milei:
The Dragon House (Restaurant)
China House (Meal Takeaway)
GJ's Salon (Beauty Salon)
Mildenhall Fire Station (Fire Station)
Courthouse Veterinary Clinic (Veterinary Care)
Gray & Co (Accounting)
Mildenhall War Memorial (Point Of Interest)
Andrew Frost Cars Ltd (Car Dealer)
Pit Stop Auto Factors (Car Repair)
Queensway (Bus Station)
Listing Statistics
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Find out more about the business by contacting the seller