14 Market Pl 825 SF Retail Building Hingham NR9 4AF $260,371 ($315.60/SF)

14/14a Market Place comprises a Grade II listed mixed-use property situated in the picturesque town of Hingham.
The ground floor shop has large display windows fronting the Market Place/B1108 and an open plan retail space with steps splitting the accommodation. The shop also has a teapoint, wc and storage cupboard, with access to a small rear courtyard. To the front of the property is a passageway and separate entrance to the first-floor studio flat. The self-contained first floor studio flat has maintained its character with the charming beamed bed/sitting room, but with modern touches. A modern kitchenette is fully fitted with units, under counter fridge/freezer, microwave oven and induction hob. The shower room has recently been refitted with a new suite and electric shower. The property is heated with new Ducassa electric radiators.
We are instructed by our client to seek offers in excess of £180,000 for the freehold interest of the property. The shop is currently unoccupied having previously been a tea room/café. The flat is occupied under an assured shorthold tenancy which commenced in November 2024 for £475.00 pcm (£5,700 p.a). The property is held on 2 Land Registry titles: NK454706 & NK169547. There is a shared hallway which provides access to the studio flat and the adjacent 1 Norwich Road (a neighbouring property not included in this sale).