Diverse properties offer excellent development & investment opportunities in Suffolk
Fenn Wright is delighted to offer to the market three properties with outstanding development potential in the picturesque market towns of Woodbridge and Clare, near Sudbury.
The Saleroom, Theatre Street, Woodbridge, IP12 4NE – Prime Town Centre Residential Development Opportunity
This landmark building is being offered for sale for the first time in more than sixty years. On a site steeped in history dating back to 1813, the property was originally constructed as a theatre which formed part of the Fisher Circuit and remained as such for almost fifty years until it became home to The National School in 1861 when it underwent significant changes and was enlarged. Most recently, the property has been home to a fine art auction house until its closure in 2018.
Located on the west side of the town centre and enjoying excellent views to the north, The Saleroom and adjoining car park is within a short walk of the many local amenities and is a rare opportunity to purchase a property with planning permission and listed building consent for three family dwellings.
The purchaser will be able to implement the sympathetic scheme conceived by well-known architect, Patrick Allen, to convert the property into highly individual homes. Approved drawings show The Saleroom providing an open-plan living/dining space with separate kitchen, four bedrooms (two of which are en-suite), dressing room, utility and store. The property comprises a total of 2,090 sq. ft. of accommodation and the design includes a large, external decked area and two parking spaces, somewhat of a rarity for a property in the town centre.
Incorporating a central archway leading to a courtyard, the two new townhouses of 1,005 sq. ft. and 1,025 sq. ft. are of a traditional design with accommodation arranged over two storeys. The homes are linked at first floor level to create a distinctive carriage-style entrance, and one features a jettied façade to further enhance the street scene.
Each property will comprise a living room, kitchen/dining room, hall and cloakroom on the ground floor, with two double bedrooms (one of which is en-suite), a further single bedroom, and a family bathroom on the first floor. Both dwellings will also enjoy a private garden to the rear and come with the advantage of a parking space within the courtyard.
Alistair Mitchell, Partner at Fenn Wright said, “The Saleroom offers a unique opportunity to buy a property with a fascinating history and give it a new lease of life to take it through to the next phase of its evolution. We have received a number of expressions of interest and are confident that it will prove to be very popular.”
Comprising 2,361 sq. ft. of accommodation across two floors, this brick-built, part timber-framed 19th century building is located within the Central Conservation Area between Market Hill and the Thoroughfare, adjoining a variety of independent retailers, offices and residential properties.
Originally constructed as a five-bedroom private house incorporating a small shop, the property has most recently been occupied by an estate agency but is very well suited to a variety of alternative office and retail uses. There is also potential, subject to planning permission, to return the building to its original residential use, as has been the case with a number of similar properties within the immediate area.
The accommodation comprises a number of offices ranging from 82 sq. ft. to 302 sq. ft., kitchen and WC facilities, as well as a number of storage rooms and a small basement, all of which require significant refurbishment and modernisation. The premises also benefit from a private walled garden to the rear.
Speaking about the Woodbridge properties, Alistair said, “Being on the edge of an Area of Outstanding Natural Beauty, the region is wonderful for those who enjoy outdoor pursuits and draws many visitors to it year-round for its beautiful walks, sailing and rowing on the river, and golf courses all within easy reach. These diverse properties offer a range of excellent opportunities to purchase premises with outstanding development and investment potential within the heart of this beautiful and vibrant market town.”
The Barn forms part of a small business complex currently providing showrooms for luxury bespoke kitchen manufacturer, Baker & Baker, as well as workshops for the well-established Clare Hall Company who specialise in furniture design and antique restoration.
The dilapidated barn has a footprint of approx. 1,825 sq. ft. and benefits from planning consent for demolition and the creation of a replacement one and a half storey 3,114 sq. ft. country style office with B1 use.
The property is located on the A1092 Cavendish Road which is approximately half a mile from the pretty market town of Clare, set in the beautiful countryside of Suffolk’s Upper Stour Valley. Clare is 14 miles from Bury St. Edmunds and 9 miles from Sudbury with a thriving 2,000 strong community and numerous independent retailers.
Before becoming a town in 2012, Clare was awarded Suffolk ‘Village of the Year’ in 2010 and in 2015 was placed among the top 50 rural locations in the UK by the Sunday Times and Zoopla.
Steven Donnelly, Commercial Agent at Fenn Wright, commented “This is a great opportunity to create a building for single or dual occupancy and there is scope for alternative commercial use, subject to planning. Clare has 133 Listed properties so the availability of properties with development potential in the area is restricted. “