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Nethergate Street, Clare, Suffolk, CO10 8NP

£160,000

Key Information

Tenure:Not available
Council tax band:Not available

Description

A commercial unit with three rooms, kitchenette, w/c and a cellar. Located on Nethergate Street, Clare the unit is in a prime position in this highly popular historic market town.

LOCATION
Clare is a historic market town situated in the heart of Suffolk, offering an ideal location for business owners seeking a blend of rural charm and accessibility. With a population of approximately 2,000, Clare benefits from a close-knit community while being well-positioned for commerce, just 9 miles from Sudbury and 18 miles from Bury St Edmunds. The town is a hub for both locals and visitors, boasting a mix of independent shops, cafes, and historic landmarks like Clare Castle Country Park, making it a draw for tourists and residents alike.

Surrounded by picturesque Suffolk countryside, Clare balances historic charm with modern convenience, offering commercial properties a vibrant market town setting with significant growth potential.

DESCRIPTION
This charming commercial property, located on the picturesque Nethergate Street in the heart of Clare, Suffolk, offers a versatile space ideal for various business ventures. The property spans approximately 775 sq.ft. (72 sq.m.) across a ground floor layout, with additional storage space in the basement, covering 171 sq.ft. (15.8 sq.m.). Its prime location on Nethergate Street makes it a fantastic opportunity for businesses seeking a presence in a historic market town known for its foot traffic from both locals and tourists.

The ground floor features multiple rooms that can be adapted to suit various purposes, from office spaces to treatment rooms, as evidenced by the existing layout that includes private rooms with natural light, workstations, and a client reception area. The property has been well maintained, with clean and simple décor throughout, providing a blank canvas for new occupants.

In addition, there is a convenient kitchen area and a WC, offering practical amenities for staff or clients. The cellar provides valuable additional storage space, making this property as functional as it is welcoming.

Externally, the property has classic Suffolk charm, with a traditional shopfront featuring large display windows that benefit from high visibility on a busy street. Parking is available nearby, adding convenience for staff and visitors.

Whether you're looking to open a retail space, office, or treatment center, this property presents an exciting opportunity to establish your business in Clare's thriving community. With its central location, flexible space, and unique period character, this commercial property is a must-see.

OUTGOINGS
Current rateable value (1 April 2023 to present) = £5,500

OTHER
Council & Council Tax Band – West Suffolk Council

Tenure –Leasehold

Lease Length – TBC

Service Charge – TBC

Ground Rent – TBC

Broadband - Superfast broadband with downloads speeds of up to 80 Mbps and upload speeds of up to 20 Mbps (Ofcom data)

Mobile Coverage - Voice & Data likely with EE, Three, O2 & Vodaphone. (Ofcom data)

Utilities – Mains sewage, Mains drainage, Mains electric, Electric Heating

Property Construction – Unknown

Rights and Restrictions – Neighbours have access to both hallways for access to their own property and to access metres.

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Property Calculators

If you would like to speak to a mortgage advisor or find out more about our mortgage services, please click the button below.

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ842 /mo.25 Years, 5% Interest
Loan
ÂŁ144,000
Total Repay
ÂŁ252,543

Commercial Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ100
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
Your effective stamp duty is 0.06%

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