Retail property (high street) to rent
Property description & features
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 an end of terrace, self-contained retail shop with accommodation arranged over two floors. On the ground floor there is an open plan retail space with large glass display frontage. On the first floor there are two store rooms, kitchen and WC. There is a ground floor rear access and first floor fire escape.
ACCOMMODATION
The premises offers approximate net internal floor areas:
Ground Floor
Retail Area 52.38 sqm 564 sqft
Understairs Store 1.54 sqm 17 sqft
First Floor
Store 1 16.01sqm 172 sqft
Store 2 28.80 sqm 310 sqft
Kitchen 3.81 sqm 41 sqft
Total Net Internal Area: 102.54 sqm 1,104 sqft
RENT AND AVAILABILITY
10 Ipswich Street £14,500 plus VAT per annum June 2024
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: ‘C’ (71)
BUSINESS RATES
Rateable Value: £12,750 RV 2023
Payable Rates: £6,362.25 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.
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.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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