12 Abbeygate Street, Bury St. Edmunds, IP33 1UN

Location

Bury St Edmunds is a historic market town. The "Jewel in the Crown of Suffolk", it is situated at the intersection of the A14 and the A134, with strong road connections to the M11, lying just 25 miles (40 km) east of Cambridge and 42 miles (67 km) southwest of Norwich. Home to St Edmunds Cathedral and Abbey Gardens, dating back to 1065, it is the original resting place of St Edmund and is the predominant tourist destination of East Anglia.

The subject property occupies a prominent position in the medieval core of Bury St Edmunds and neighbours other prime retail streets within the town centre as well as the historic Abbey Gardens. Nearby occupiers include White Stuff, Greggs, Jigsaw, Cornish Bakery and Dipples.

The Grade II listed building is arranged over 5 floors with the ground and basement floors being retail space and the upper 3 floors being residential apartments and having separate access. Anna, a well established clothes retailer occupies the commercial parts of the property and the 1st, 2nd and 3rd floor apartments are let to 3 individuals.

Summary

Key points

• Fully let unbroken freehold
• Prime retailing position in Bury St Edmunds town centre
• Well proportioned residential apartments
• Combined passing rent of £66,380 pax
• Asset management opportunities

Contact

Merrifields Chartered Surveyors
Tel: 01284 700700
Mark Kohler
mark@merrifields.co.uk
www.merrifields.co.uk
Merrifields Chartered Surveyors
Tel: 01284 700700
Max Ellis
max@merrifields.co.uk
www.merrifields.co.uk

EPC