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No longer on the market

This property is no longer on the market

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Retail property (high street)

Let agreed
Retail property (high street)
1728
Added > 14 days

Features and description

  • Prime Retail Unit
  • Nearby occupiers include Argos, Superdrug, Holland and Barrett
  • Stowmarket Town Centre Location
  • NIA extending to approx. 160.55 sqm (1,728 sqft).
Prime retail unit in Stowmarket town centre. NIA extending to approx. 160.55 sqm (1,728 sqft).

LOCATION
The premises is located in a prominent position in Stowmarket town centre. Nearby occupiers include Argos, Peacocks, Superdrug, Holland and Barrett, Boots and Greggs. Stowmarket benefits from convenient access to the A14 and has a mainline railway station with London Liverpool Street approximately 1 h 26 minutes.

DESCRIPTION
The premises is a mid terrace, ground floor, self-contained retail shop. There is an open plan retail space with large glass display frontage. The retail space benefits from a suspended ceiling, fluorescent lighting, air conditioning and a laminate floor surface. To the rear of the unit there are two store rooms, office, kitchen and WC.

ACCOMMODATION
The premises offers approximate net internal floor areas:
Retail area 130.36 sqm 1,403 sqft
Store 1 12.32 sqm 133 sqft
Office 3.08 sqm 33 sqft
Kitchen 7.05 sqm 76 sqft
Store 2 7.74 sqm 83 sqft
Total Net Internal Area: 160.55 sqm 1,728 sqft

RENT AND AVAILABILITY
8 Ipswich Street £22,500 plus VAT per annum Available

LEASE TERMS
The property is available on a new lease.

DEPOSIT
Three months’ rent.

VAT
All charges are subject to VAT.

SERVICES
Mains water, drainage and electricity.

ENERGY PERFORMANCE CERTIFICATE (EPC)
Energy rating: ‘B’ (27)

BUSINESS RATES
Rateable Value: £25,250 RV 2023
Payable Rates: £12,599.75 per annum
The rates payable are based on the current UBR of £0.499. All interested parties should make their own enquiries with Mid Suffolk District Council regarding their rates liability.

PLANNING
We assume that the property has planning consent for Class E (retail) use by virtue of its previous use. The property may be suitable for a variety uses under Class E including: restaurant, sports and recreation, medical and health services, creche and day nursery, offices and research & developments. All interested should make their own enquiries with Mid Suffolk District Council regarding the intended use.

LOCAL AUTHORITY
Mid Suffolk District Council, Endeavour House, 8 Russell Rd, Ipswich IP1 2BX. [use Contact Agent Button]

COSTS
Each party will bear their own legal costs for entering a new lease.

VIEWING AND FURTHER INFORMATION
Strictly by appointment only. To arrange a viewing or for further information please see attached property particulars.

Property information from this agent

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About this agent

Lacy Scott & Knight - Stowmarket
Lacy Scott & Knight - Stowmarket
Market Place Stowmarket IP14 1DN
01449 356911
Full profileProperty listings
Lacy Scott & Knight is a long-established and independent partnership of chartered surveyors, valuers, property agents and auctioneers, operating across East Anglia from offices in Bury St Edmunds and Stowmarket.We were formed by the merger of two long-standing Suffolk businesses, Lacy Scott of Bury St Edmunds and RC Knight & Sons of Stowmarket, both established in the 1800s. The two companies developed strong links with the local community, each running a livestock market in their respective town. Lacy Scott & Knight is a Limited Liability Partnership. Since the merger in 1997, we have gone from strength to strength, and today we offer a wide range of professional services covering: Residential, agricultural and commercial property Auction sales of fine art, chattels, toys and models and machinery Property surveys and valuations Advice on development, land and other property-related matters As members of a number of professional institutions, including the Royal Institution of Chartered Surveyors (RICS), the Central Association of Agricultural Valuers (CAAV), the National Association of Estate Agents (NAEA) and the Association of Residential Letting Agents (ARLA), we adhere to the highest professional standards while offering an exceptional personalised service. ​ We remain totally independent, which allows us to focus on serving the people of East Anglia.
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