High Street Retail Property for rent - 25 Queen Street, Ipswich, Suffolk, IP1

POA

For Rent

Property information

Status:
Available
Type:
Rent
Address:
Ipswich, IP1 1SW
Categories:
High Street Retail Property
Features:
Available for assignment or subletting, Close to Buttermarket Shopping Centre retail and leisure redevelopment, Nearby occupiers include Subway, Cats Protection, Observatory Opticians and Bella Napoli, Two storey premises providing 86.50 sq m (930 sq ft), Well Located Retail Premises To Let
Listed on:
14-11-2019

Commercial

930 ft²


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Description

The premises are situated on the east side of Queen

Street and shown coloured red on the plan opposite.

Adjoining occupiers include a variety of specialist

retailers, professional services and food outlets. The

Buttermarket Shopping Centre is situated directly

behind the premises and has undergone significant

redevelopment to provide a range of large retail units, a

16 screen cinema, restaurants and gym.



Description

The property comprises two storey shop/office

premises with a fully glazed frontage.

The internal specification includes recessed and

surface mounted lighting, carpet floor coverings and

gas fired central heating.

Ancillary accommodation includes a kitchen, WC

facilities and storage.



Accommodation

The premises provides the following approximate floor

areas and dimensions:



Internal ground floor width 5.88 metres reducing to 4.47 metres

Depth of ground floor retail area 9.11 metres



Ground Floor

Sales area 45.07 sq m (485 sq ft)

Kitchen 6.27 sq m ( 67 sq ft)

Store 4.58 sq m ( 49 sq ft)

Male & female WC - -



First Floor

Office 30.59 sq m (329 sq ft)

Total net internal floor area 86.51 sq m (930 sq ft)



Planning

The premises have planning consent for Class A2

(Financial and Professional Services) Use as defined

under the Town and Country Planning (Use Classes)

Order 1987.



A change of use to Class A1 (Retail) would be

classified as Permitted Development not requiring

planning permission.



Business Rates

The premises are assessed as follows:

Rateable Value: 13,750

Rates Payable (2019/20): 6,751.25 per annum



Local Authority

Ipswich Borough Council, Grafton House, 15-17 Russell

Road, Ipswich, Suffolk, IP1 2DE

Telephone: 01473 432000



Services

We understand that the property is connected to mains

electricity, gas, 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 company in connection with the

availability and capacity of all those serving the

property, including IT and telecommunication links.



Terms

The premises are available on new sub-leases either as

a whole or as individual floors. The current lease is also

available for assignment, details of the current terms

below. Consideration may also be given to a new lease

(further details available on request).



The premises are held on a 5 year lease from 9th

March 2018 at a current rent of 13,500 per annum

increasing to 14,000 in March 2020. The lease

contains a mutual break clause and RPI index linked

rent review in March 2021.



Legal Costs

Each party is to be responsible for their own legal costs



Disclaimer

Property reference: CP99461331_14868060

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.

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Fenn Wright
Ipswich,
IP1 1BA,
GB

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Property reference: CP99461331_14868060

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