Summary - 21, HIGH STREET IP31 2HH
1 bed 1 bath Retail Property (high street)
Versatile mixed‑use investment with instant village footfall.
Freehold historic high‑street corner building with large display windows
A period two‑storey corner building on Ixworth High Street combining a ground‑floor retail unit and a one‑bed flat above. The ground floor benefits from large display windows and a central village location close to shops, café and the post box still set in the façade. Total internal area is about 1,054 sq ft (98.6 sq m) including an integral garage and separate side entrance to the apartment.
The property is offered freehold with the first‑floor apartment let on a fixed‑term tenancy at £795 pcm (£9,540 pa) until 28 November 2025. The ground floor is currently unoccupied and is expected to be marketed for rent at about £7,500 pa, giving a mixed commercial/residential income stream and a relatively low‑risk yield for an investor or an owner‑occupier seeking rental income.
Notable practical points: services (electricity, water, drainage) are shared between shop and flat; there is a flying freehold with part of the flat over the neighbouring property; plot size is very small and the shop has a modest rateable value (£5,800). There is no flood risk, broadband is fast and mobile signal is excellent — useful for modern retail or café uses. The property is not VAT‑elected.
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