More than a beach hut at these prices

BEACH hut lovers are bracing themselves for a hike in their business rates after an owner made a 500 per cent-plus profit in just nine months.The owner, who has not been named, bought hut number 29 in Waldringfield, near Woodbridge, for a price believed to be in the region of £12,000 when the freehold was passed from the Ipswich and St Edmundsbury Diocesan Board of Finance to hut users.

BEACH hut lovers are bracing themselves for a hike in their business rates after an owner made a 500 per cent-plus profit in just nine months.

The owner, who has not been named, bought hut number 29 in Waldringfield, near Woodbridge, for a price believed to be in the region of £12,000 when the freehold was passed from the Ipswich and St Edmundsbury Diocesan Board of Finance to hut users.

The hut sold within days for an undisclosed price to a woman who works in London.

The Star exclusively revealed that it had been put on the market for £59,995 - and now it could need £10,000 for renovation.

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