IP12 11 Thoroughfare, Woodbridge

FOR SALE - Property Investment Company - Woodbridge - Retail Units and Residential Apartments

Whitehall Investments Limited (Company No. 00426440) is a company which was incorporated on 28 December 1946 and focuses on the letting of commercial real estate. The assets of the company are a development of retail units set on the Thoroughfare in Woodbridge, the town's main retail street with a range of independent and national retailers including Morrisons Daily, The Woodbridge Kitchen Company, Suffolk Building Society, Seasalt, Boots, The Cornish Bakery, Honey & Harvey, Rohan, Specsavers, Holland & Barrett, WHSmith, Cafe Nero and Fred Olsen Travel.

The assets of the company include Units 1 and 2 -11 Thoroughfare a period 19th century building providing two retail units over ground and first floors 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 undercroft parking, with 14 one and two bedroom apartments together with basement parking let off on long leasehold interests which provide ground lease income. The commercial units to the front are occupied by Costa Coffee, MIND with a rear office suite occupied by EJH Aesthetics & Wellness Clinic.

See attached brochure.

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.

The share capital of Whitehall Investments Limited are available at a Guide Price of £2,500,000 exclusive of VAT with the benefit of the assets of 11 Thoroughfare which based on income of £199,850 pax equates to a NIY of 7.48% with purchasers' costs of 6.8%.

Woodbridge is a thriving and highly regarded market town in East Suffolk - considered by The Times as one of the best places to live in the United Kingdom. Situated on the River Deben, there are a number of scenic walks, a harbour and a rare working tide mill, which traces its roots to the 11th century.

For many centuries, Woodbridge has been a prosperous and fashionable town, and it benefits from beautiful architecture, chiefly from the Tudor, Georgian, Regency and Victorian periods; today, there is an incredible array of amenities, including both independent and national shops, cafés, public houses and restaurants.

The town is situated 9.6 miles north-east of the county town of Ipswich, 3 miles north of Martlesham, 16.1 miles southwest of the coastal town of Aldeburgh and 18 miles south-west of the proposed Sizewell C power station.

Woodbridge sits adjacent to the A12 which provides access to the Suffolk Coastal towns to the northeast and the A14/A12 to the south.

The town is served by a rail service to Ipswich with a journey time of approximately 16 minutes , with onward travel to London Liverpool Street with a fastest journey time of 96 minutes.

Rental Income £199,850 pa