**Standout Features:**
- Prime retail location on pedestrianized Hamilton Road, Felixstowe
- Large commercial property: 4,273 sq ft with significant ground floor space (3,013 sq ft) and ancillary first floor (1,260 sq ft)
- Currently leased to Superdrug Stores PLC until November 2029 at £38,000/year
- Off-street parking for 4 vehicles
- Gross yield of 8%
**Potential Downsides:**
- High crime rate in the local area
- Limited lease duration remaining (5 years with a tenant break option after year 3)
- Possible mortgage lending challenges due to short lease term
This expansive commercial property in Felixstowe, located on the bustling Hamilton Road, presents an incredible investment opportunity. With a solid long-term tenant in place, this prime retail unit generates a substantial rental income of £38,000 annually, equating to a promising 8% yield. The spacious layout allows for various retail possibilities and provides valuable off-street parking for customers, making it convenient for business operations.
However, prospective investors should note the current high crime rate in the area and the necessity to navigate the limited lease duration, which may affect financing options. Positioned in a vibrant seaside town renowned for its port, this property offers substantial foot traffic and is surrounded by a plethora of amenities, from shops and cafes to essential services. Don’t miss the chance to capitalize on this unique commercial offering in a rapidly developing locale; opportunities like this are rare and may not last long on the market!
High street retail property for sale in 120 Hamilton Road, Felixstowe, Suffolk, IP11 — £195,000 • 1 bed • 1 bath • 512 ft²
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Mixed use property for sale in 73-75 High Road West, IP11 — £320,000 • 1 bed • 1 bath • 1290 ft²
Commercial property for sale in Princes Street & Elm Street, Ipswich, Suffolk, IP1 — £895,000 • 4 bed • 4 bath • 4293 ft²
High street retail property for sale in Hamilton Road, Felixstowe, IP11 — £250,000 • 2 bed • 1 bath


