Retail - Out of Towns for rent in Bristol Road, IP4
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For Rent£154,000.00 Per Annum
Prominent Retail Store To Let
Location Stowmarket is a busy, fast growing market town with a resident population of approximately 20,000 people although serving a much larger catchment population. The premises occupy an elevated position on Gipping Way (A1308) close to its junction with Station Road, immediately to the northeast of the town centre and shown edged red on the site plan opposite. The town boasts an array of major retailers with Argos, Boots, Peacocks, B&M, Superdrug and Asda located close by. The property fronts onto a public car park, accessed via Union Street West which leads directly off Gipping Way (A1308) and providing 80 spaces, with two further adjoining car parks providing at least another 100 spaces.
Description The property comprises a large modern, purpose built, detached retail store of steel portal frame construction with brick and block elevations under a pitched roof. The premises provide an extensive sales area running the full width of the building, with ancillary accommodation arranged to the rear including a large store served by a loading dock, offices, staff room, WC facilities and boiler room. The customer entrance comprises twin glazed electric sliding doors fitted with security shutter and adjoining covered trolley bay. The premises are served by a gas blown air heating system and comfort cooling.
Accommodation The property provides the following approximate floor areas and dimensions: Gross internal floor area 1,140.26 sq m (12,274 sq ft) Inc. Trading area 761.06 sq m (8,192 sq ft) Stores 295.32 sq m (3,179 sq ft) External Canopy 56.68 sq m ( 610 sq ft) Eaves height 4.19 m Suspended ceiling height 3.29 m
The premises are available to let as a whole although consideration may be given to splitting the property into two separate units.
Business Rates The property is currently assessed as follows: Rateable value £106,000 Rates payable (2019/20) £53,424 per annum
Local Authority Babergh & Mid Suffolk District Council Endeavour House 8 Russell Road Ipswich Suffolk IP1 2BX Tel: 0345 606 6067
Terms The premises are available on a new full repairing and insuring business lease at an initial rent of £154,000 per annum. Details of the rent applicable in relation to a letting of the property in part are available upon request. The rent will be subject to VAT.
Legal Costs Each party to be responsible for their own legal costs. ( Agency Pilot Software Ref: 14868730 )
Retail Store, Gipping Way, Stowmarket, IP14 1RA
Type: Retail - High Street, Retail - Out of Town, Retail
Location Ipswich is the county town of Suffolk with a resident population of approximately 130,000 and a retail catchment of almost 320,000. 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 occupies a prominent position at the entrance to the Whitehouse Industrial Estate on a major roundabout junction on Bury Road, 2.5 miles to the north west of the town centre and within 0.5 miles of the A14/Bury Road intersection.
The property is opposite the Anglia Retail Park and a large Asda supermarket. Neighbouring occupiers include Go Outdoors, The Range, B&M, Carpet Right, Carphone Warehouse, Pizza Hut, KFC, Costa, Asda, Robinson Motor Group, Plumb/Drain and Parts Center, Sliderobes, Enterprise Cars and Screwfix.
Description The property has road frontages to Goddard Road and Goddard Road East.
The building is of steel portal frame construction with brick/blockwork cladding to the elevations under a pitched roof with profile sheet cladding, incorporating translucent roof panels to the workshop areas.
The front and flank walls have been reclad with modern smooth faced panelling, incorporating glazing to the showroom area, the rear elevation being clad in profile sheeting.
The southern end of the building comprises workshop accommodation with two storey ancillary offices to the front.
The workshop is served by two shutter doors and fitted with high level gas heating and sodium lighting. The mid section of the building comprises a large well fitted open plan showroom with glazed frontage, tiled floors, suspended ceilings, gas warm air heating and air conditioning.
Ancillary accommodation in this area includes offices, parts store, customer and staff wc's. A mezzanine area provides a further office, rest room/ canteen and storage.
The northern section of the building comprises a valet workshop served by two shutter doors and incorporating a spray booth and further mezzanine storage.
The site provides extensive parking for a maximum of about 170 vehicles.
Accommodation The property provides the following approximate floor areas and dimensions: Front Office Block Ground floor 44.80 sq m ( 482 sq ft) First floor 44.61 sq m ( 480 sq ft) Workshop 345.86 sq m ( 3,723 sq ft) Showroom, Stores and Offices Ground floor 473.42 sq m ( 5,096 sq ft) Mezzanine 182.36 sq m ( 1,962 sq ft) Valet Workshop Ground floor 241.97 sq m ( 2,605 sq ft) Mezzanine 17.73 sq m ( 191 sq ft) Total 1,350.75 sq m (14,539 sq ft) The total site area is 0.591 hectares (1.46 acres).
Services The property is connected to all mains services. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility companies in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.
Planning The property was originally built in the late 1970's, as a commercial vehicle maintenance workshop. The property is considered suitable for a variety of alternative business, leisure and potentially retail uses, subject to planning. All interested parties should make their own enquiries with the local planning authority.
Business Rates The property is currently assessed as follows: Rateable value £122,000 Rates payable (2019/2020) £61,488 per annum
Terms The property is available to let on a new business lease at an initial rent of £150,000 per annum exclusive. Alternatively offers are invited in the region of £1.75m for the freehold interest with vacant possession upon completion.
VAT The property is VAT elected.
Legal Costs Each party is to be responsible for their own legal costs.
( Agency Pilot Software Ref: 14868636 )
1 Goddard Road East, Ipswich, IP1 5NP
Type: Distribution Warehouse, Showroom, Retail - Out of Town, Industrial, Other Property Types & Opportunities, Retail
The premises are arranged over ground and first floors. The property benefits from a 260 space NCP car park to the rear of the building.
The premises occupies a prominent position on Upper Brook Street. The property benefits from good frontage on to The Buttermarket. The property lies opposite to Café Nero and Boots Opticians. Other nearby traders include CEX, William Hill, Savers, Hughes and Jessops.
Two Storey Retail unit in prominent location - 19 Upper Brook Street
Type: General Retail, Retail - High Street, Retail - Out of Town, Leisure Property, Pubs/Bars/Clubs, Restaurant/Cafes, Retail, Licensed & Leisure