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Licenced Property Suitable Versatile Business Opportunities With Accommodation For Sale

Mildenhall, Suffolk
Asking Price:
£275,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

A chain free pretty 16th Century Grade II listed building, ( former Tea Room ) located within the heart of this Historical Market Town and offering a wide range of possibilities. Currently the property is a combination of Commercial and Residential, however a wholly rounded offer with this amount of flexibility does not present itself that often so consideration for an early viewing is essential. This offer presents a wide and varied list of opportunities that support countless styles of business. Possibilities include, Coffee House, Tea Room, Cake Shop, Cake and Baking Teaching, Sandwich Shop, Gift Shop, Juice Bar, Wine Bar etc. The only consideration required would be to your preference of crockery etc... to reflect your trading style should you wish to establish a food business. "The Images attached show how it was set out for a Tea Room." It is an ideal prospect and a first class investment for those looking for a home and a lifestyle business, and for very little effort, you will have a turnkey enterprise. Alternatively, you may want to consider operating your commercial enterprise over all three floors.

The Sale of this property with its substantial opportunities comes with 7-day trading licenses for A1, A3 and a premises licence to serve alcohol both On and Off the premises as well as scope to open late into the evenings, if so desired, providing the purchaser with a diverse opportunity for business use that can trade all year and is not limited by seasonal trends. A further change of use (i.e. licenses) could be achieved, proving further diversity in its usage if so required. Situated within in easy reach of a number of RAF/US Air-force Bases, this Historical Market Town with a population circa 12000, benefits from a high volume of local residents, serving personnel and their families, as well as tourists, walkers, cyclists and passing business.

Mildenhall is located on the River Lark at the edge of Thetford Forest Park, and is found just off of the A11, having good links to the A14 and M11

The Property.
The Property is Structurally Sound, Retaining a vast amount of its period features, this heavily beamed 2 bedroom cottage, benefiting from both residential and business usage, is presented over three floors, with a pretty courtyard to the rear of the property. The images present how the ground floor space can be utilised to service 26 covers, with 6 of these being served to the front of the premises at street level, allowing you to see how the property may be presented, utilising the opportunities that accompany the licenses that compliment this sale.

The Second and Third floor of the cottage is currently the living accommodation area of the property providing a living room with a cosy alcove seating area, a study and two bedrooms.

The premises are a mid-terraced cottage located within the heart of the Historic Market Town, with plentiful free parking in the surrounding area, that also acts as a hub, serving the villages in the surrounding areas and is one that really must be viewed to understand its full potential.
The Property can be extended at the rear of the premises.

Property Summery
Retail Area
Fitted kitchen
Living Room
Alcove Sitting Area
Study / Office
2 Bedrooms
Enclosed Courtyard with Purpose Built Out Building

The sale is for the Freehold of the Property, the Licences ( A1, A3 and Alcohol Licences ) and includes Furnishings, Fixtures and fittings.
Allowing the purchaser to quickly establish their style of trading, and maximise on the substantial footfall within the market place and town centre.
A full list of the inclusions will be provided at the point of viewing.

The Property holds a premises licence, granted by the Forest Heath District Council. The licencing act of 2003 states that properties serving alcohol must have a designated premises supervisor who holds a personal licence. This would only apply should you wish to utilise the alcohol licence.

A Stamp duty threshold advantage for this property can be gained in relation to it's Business / Residential Split.

Viewings are by appointment only, at which point a full inventory of the additional assets included with this purchase will be provided. To make an appointment please complete the enquiry form below.

An opportunity this compelling, is rare, so early viewings are recommended.

Further information available upon request, please contact seller below for more details.

Property Information



Living Accommodation:

Please see initial description


Centre of the Market Place within a busy Historical Market Town

Premises Details:

16th Century Grade II listed building with Living Accommodation

Business Operation

Expansion Potential:

Please see initial description

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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