High Street Retail Property
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
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.
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.
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
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 - -
Office 30.59 sq m (329 sq ft)
Total net internal floor area 86.51 sq m (930 sq ft)
The premises have planning consent for Class A2
(Financial and Professional Services) Use as defined
under the Town and Country Planning (Use Classes)
A change of use to Class A1 (Retail) would be
classified as Permitted Development not requiring
The premises are assessed as follows:
Rateable Value: 13,750
Rates Payable (2019/20): 6,751.25 per annum
Ipswich Borough Council, Grafton House, 15-17 Russell
Road, Ipswich, Suffolk, IP1 2DE
Telephone: 01473 432000
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.
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.
Each party is to be responsible for their own legal costs
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.