High Street Retail Property
313.78 sq m (3,378 sq ft)
, Attractive Town Centre Retail Premises
, Ground and first floor sales
, Rent 39,950 per annum exclusive, Strong trading location with neighbouring occupiers including Sainsbury's, Wilko, Caffe Nero and Greggs
To Let Prominent Town Centre Retail Premises
Ipswich is the County town of Suffolk with a resident population of approximately 130,000 and a retail catchment of almost 350,000. The town is situated approximately 79 miles north east of central London, 43 miles south of Norwich and 18 miles north east of Colchester.
The property is situated on the eastern side of Upper Brook Street opposite the junction with Buttermarket within the town centre.
The town's two main shopping centre, The Buttermarket and Sailmakers have undergone significant redevelopment and both are located within a short walk. Adjoining occupiers include Sainsbury's, Wilko, Greggs, Caf Nero and Boots Opticians.
The property comprises a prominent mid terrace building arranged over ground and first floors. The ground floor compromises a large retail area which benefits from a glazed frontage onto Upper Brook Street with ancillary WC and store room. The first floor provides additional sales/storage accommodation with ancillary WC facilities, store and kitchen.
The premises is fitted with suspended ceilings, recessed fluorescent lighting and a carpet floor covering.
The property provides the following approximate floor net internal floor areas:
Sales Area 182.55 sq m (1,965 sq ft)
Rear Store 11.90 sq m ( 128 sq ft)
Retail 98.69 sq m (1,062 sq ft)
Store 5.76 sq m ( 62 sq ft)
Kitchen 14.87 sq m ( 160 sq ft)
Male & Female WC's - -
Total Net Internal Floor Area 313.78 sq m (3,378 sq ft)
The property is assessed as follows:
Rateable Value: 23,000
Rates Payable (2019/20): 11,293 per annum
The rates are based on a UBR for the current year of 0.491 pence in the pound.
Ipswich Borough Council, Grafton House, 15/17 Russell Road, Ipswich, Suffolk, IP1 2DE
Telephone: 01473 432000
We understand that the premises have planning permission for Class A1 (Retail) use.
All interested parties should make their own enquiries with the local planning authority regarding their intended use.
We understand that the property is connected to mains electricity, water and drainage.
We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility providers in connection with the availability and capacity of all those serving the property, including IT and telecommunication links.
Both parties to be responsible for their own costs.
The premises are available on a new full repairing and insuring business lease upon terms to be agreed at a rent of 39,950 per annum exclusive.
The rent is subject to VAT.
Property reference: CP99461331_14868690
The information exhibited about this property relates to a property listing advertisement. Commercial People Ltd makes no assurances as to the accurateness or completeness of the said advertisement or any connected or associated information. Commercial People Ltd has no control over the content of the advertisement. This property advertisement does not constitute property particulars. All information is provided and maintained by Fenn Wright. In the event of any discrepancies, we ask that you please contact the selling agent or developer directly.