Summary - 46, ABBEYGATE STREET IP33 1LB
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime town center location on Abbeygate Street, Bury St Edmunds
- Consistent income of £33,000 per annum (Gross Initial Yield of 7.76%)
- Grade II listed Georgian architecture with period features
- Total area of 1,676 sq ft split into two retail units
- High pedestrian traffic and a neighboring array of popular retailers (Greggs, Pizza Express, Café Nero)
- Proximity to historic Abbey Gardens
**Potential Downsides:**
- Existing tenancies may limit immediate owner occupation or operational flexibility
- Listed status may pose challenges for future renovations or modifications
Discover an exceptional investment opportunity in this striking Grade II listed Georgian property located in the heart of Bury St Edmunds. Spanning a generous 1,676 sq ft, this charming multi-retail space currently houses a established mobile phone repair shop and a trendy coffee shop/wine bar, generating a robust income of £33,000 per annum, equating to a notable Gross Initial Yield of 7.76%. With historic architecture and the added advantage of being situated along a bustling retail street, this property is poised to attract both foot traffic and prospective tenants.
While the current tenancies offer immediate rental returns, potential buyers should consider that the listed status may present challenges for future modifications. However, the vibrant location near the picturesque Abbey Gardens and a diverse range of well-known retailers enhance the property's appeal for those looking to invest in a growing city. Don't miss out on securing this lucrative asset in an affluent area with a strong local economy—explore the future possibilities that await you in this unique gem!
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