Income-producing mixed-use building with redevelopment upside in historic town centre.
Let and producing £35,000 per annum gross
A substantial, mixed-use High Street investment in the heart of historic Hadleigh, producing £35,000 per annum from long-standing retail and printing tenants. The property occupies a wide, highly visible frontage directly adjacent to the Co-op and pedestrian link to the main shoppers’ car park, offering strong town-centre footfall and convenient rear vehicle access.
The main building is Grade II Listed (c.1600) with traditional brick, timber stud and peg-tiled roof; a modern rear wing provides workshop space and recently extended accommodation. The site includes on-site parking for around six vehicles and an enclosed garden/yard — useful for operational occupiers or service access. Current leases are contracted outside Sections 24–28 of the Landlord & Tenant Act 1954 and produce a gross annual income of £35,000, equating to a current gross yield of approximately 5.4% at the guide price of £645,000.
Important practical points: the listed status will constrain external alterations and may complicate redevelopment. One tenant (Hadleigh News Ltd) is noted as no longer trading and their lease contains tenant break options in 2026 and 2028; the rear printing tenant’s lease expires in May 2028. Prospective purchasers should factor in the cost and timescales of listed-building consents, potential refurbishment of long-unused first-floor accommodation, and the planning process for any conversion to residential use.
This asset will suit investors seeking a central, income-producing property with redevelopment upside, or an operator looking for combined retail and workshop accommodation in a historic market town. Full lease and legal documentation should be reviewed before offer; vacant possession, change of use or residential conversion will require permissions.
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