Other commercial for sale - 11 Thoroughfare, Woodbridge, IP12 1AA

<strong>Description</strong><br>The premises comprise a development of retail, office and residential units set on the Thoroughfare in Woodbridge, the town’s main retail street with a range of independent and national retailers including; Morisons Daily, The Woodbridge Kitchen Company, Suffolk Building Society, Seasalt, Boots, The Cornish Bakery, Honey & Harvey, Rohan, Specsavers, Holland & Barrett, WH Smith, Café Nero and Fred Olsen Travel.<br /> <br /> Units 1 and 2 – 11 Thoroughfare is a Grade II Listed building providing two retail units over ground and first floor levels with car parking to the rear, which are occupied by Fat Face and Woodbridge Pharmacy. Immediately adjacent is a 1990’s development of 3 commercial units on the ground floor with rear service yard and under croft parking, with 14 one and two bedroom apartments <br /> together with basement parking let off on long leasehold interests which provide ground rent income. The commercial units to the front are occupied by Costa Coffee, MIND with the rear office suite occupied by EJH Aesthetics & Wellness Clinic.<br><br><strong>Tenancy Schedule</strong><br>See attached brochure.<br><br><strong>Covenant Information</strong><br>See attached brochure.<br><br><strong>EPC's</strong><br>See attached brochure.<br><br><strong>Important</strong><br>The services, fixtures, fittings, appliances and other items of equipment referred to have not been tested by this firm and therefore no warranty can be given in respect of their condition. Interested parties should satisfy themselves as to their condition.<br><br><strong>Guide Price</strong><br>The premises are available with the benefit of the existing income of £199,850 pax at a Guide Price of £2,500,000 exclusive of VAT, which equates to a NIY of 7.48% with purchasers’ costs of 6.8%. It is envisaged that the sale will be dealt with by way of a Transfer of Going Concern (TOGC).<br><br><strong>Legal Costs</strong><br>Each party will be responsible for their own legal costs incurred in the transaction.<br><br>