This property presents a unique investment opportunity in Mildenhall, featuring a freehold substantial building with potential for redevelopment. Comprised of two leased units at 27A/B High Street, a vacant former bank at 29 High Street, and an existing two-floor apartment at 31 High Street, the site is ripe for transformation. The property has received planning permission to convert part of the bank into three separate residential units (planning reference DC/25/1273/P3CMA available on the West Suffolk planning portal), offering considerable renovation prospects. The ground floor consists of the former banking area along with ancillary offices, including two strong rooms and a kitchen, all of which could be adapted to various uses pending necessary consents. The first-floor apartment features spacious rooms and requires updates to meet modern living standards. Additionally, there is an outdoor courtyard utilized for parking and auxiliary buildings that may be repurposed with the right planning approvals. This property, located in a thriving market town with strong economic ties to a local airbase, represents a significant opportunity for investors looking to capitalize on residential demand in this area.
