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24/24a Queens St, Haverhill

Guide Price
£190,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
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SECTOR

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Key features

  • A freehold property
  • Same business c.1960 t/a Hair Mecanix
  • Land at the rear also let to commercial tenant
  • Located on the high street
  • Investment let at £22,400 per annum (11.78% GIY on guide price)
  • Ground floor retail unit is let on a lease of 10 years from 2023
  • Studio flat let on an AST protected by the council under a rent guarantee scheme
  • Planning permission lapsed for a further 2 flats to the rear
  • Not elected for VAT.

Description

A freehold property arranged as a ground floor retail unit with land at the rear and a studio flat above.

Planning permission lapsed for a further 2 flats to the rear.

Investment let at £22,400 per annum (11.78% GIY on guide price).

Please refer to the Accommodation/Tenancy schedule for more information.

The property is located on the North side of Queen's Street, which is accessed from Withersfield Road and Hamlet Road. Nearby occupiers include Costa Coffee, Iceland, Greggs, Papa Johns, Premier and many other independent shops, restaurants and cafes.

24/24a Queens St, Haverhill

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Dullingham Station8.7 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference 4C55F2BF-0BFE-4EFA-8D46-6FD0632FD7DD. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Savills Auctions- Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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