A unique opportunity to acquire a fully licensed cafe/bar with 2 flats above.

Situated in the heart of this Suffolk Coast town is this freehold licenced bar with 2 independently accessed flats above. The cafe/bar premises extends to approximately 1,000 sq/ft (93.6 sq/m) with space for around 40 covers, planning has also been approved for pavement tables and is just awaiting Highways approval. The first floor flat is newly refurbished and ready for immediate occupation either on a regular tenancy or as an Airbnb and the second floor studio flat is currently let on a periodic AST to a long-standing tenant at a current rent of £643.88 per calendar month (£7,726.56 per annum). It is considered the premises as a whole could generate a rental income of £35,000 - £40,000 per annum making this an unmissable investment opportunity.

Council Tax Bands

A, A

Energy Efficiency Rating (EPC)

Current Rating B, C, D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

East Suffolk Council

Additional Fees

Buyer's Premium - 0.6% inc VAT of the purchase price, payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.