Large historic mixed-use shop with parking and income in Hadleigh town centre.
Freehold mixed-use High Street property, c.3,866 sq ft
A rare freehold high-street investment in the heart of Hadleigh, offering a prominent wide frontage, sizeable floorplate (circa 3,866 sq ft) and on-site parking with an enclosed garden. The asset is let in two parts producing a combined passing rent of £35,000 pa and sits adjacent to the Co-op and primary pedestrian link to the main car park — strong visibility and regular footfall for retail occupiers.
The building is Grade II Listed (c.1600) with timber frame construction, secondary glazing and a mix of historic and more recent rear extensions. That heritage status gives character and appeal but will limit alterations and make refurbishment or redevelopment more complex and potentially costly. The upper-front parts may be convertible back to residential use only subject to planning — prospective purchasers should make enquiries.
Material risks: one of the current shop tenants (Hadleigh News Ltd) is recorded as no longer trading and both leases are contracted outside Sections 24–28 of the Landlord & Tenant Act 1954, with tenant break options (2026 & 2028) and expiries (2033 and 2028). The listed status, assumed lack of wall insulation, and older timber construction mean renovation and ongoing maintenance costs are likely to be significant. Crime levels are above average in the area, which should be considered for tenant mix and security planning.
This property suits an investor or developer experienced with listed buildings and town-centre mixed-use assets: immediate rental income with short- to medium-term asset management upside (re-let, refurbishment, or potential residential conversion subject to consent). Fast broadband and excellent mobile signal support modern occupier needs, while Hadleigh’s affluent catchment and nearby transport links add locational strength.
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