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AGENT'S DETAILS


20 & 22, High Street, Leiston, IP16 4EW

For sale: £75,000.00|485 - 991 Sq Ft|Retail - High Street, Retail

PROPERTY DETAILS

FOR SALE£75,000.00
SIZE485 - 991 Sq Ft
ADDRESS20 & 22, High Street, Leiston, IP16 4EW
TYPERetail - High Street, Retail
TENUREFor Sale Freehold
POSTED ON23rd May 2020

DESCRIPTION

20 and 22 High Street comprises a pair of self-contained, mid terrace ground floor shops located within a two storey building of brick construction beneath a pitch tiled roof. Both shops benefit from a part glazed retail frontage and have front and rear pedestrian access.

20 High Street provides an open sales area with WC and tea point to the rear. The premises are fitted with a suspended ceiling incorporating recessed part fluorescent/LED lighting, air-conditioning and a laminate floor covering.

22 High Street has been partitioned to provide an entrance hallway, two offices/meeting rooms with WC and tea point to the rear. The premises are fitted with a suspended ceiling incorporating recessed fluorescent lighting, night storage heaters, air-conditioning to part and a carpet floor covering.

Accommodation
According to our measurements, the properties provide the following approximate net internal floor areas:

20 High Street:
Sales area - 45.19 sq m ( 486 sq ft)
Tea point - 0.64 sq m ( 7 sq ft)
Rear entrance - 1.13 sq m ( 12 sq ft)
WC -- --
Total net internal floor area: 46.96 sq m ( 506 sq ft)

22 High Street
Sales area inc partitioning 43.78 sq m ( 471 sq ft)
Tea point 1.30 sq m ( 14 sq ft)
WC -- --
Total net internal floor area: 45.08 sq m ( 485 sq ft)

Business Rates
The properties are assessed as follows:
20 High Street
Rateable Value: £5,200
Rates Payable (2020/21) £2,594.80 per annum

22 High Street
Rateable Value:£5,200
Rates Payable (2020/21) £2,594.80 per annum
The rates are based on the UBR of £0.499.

Local Authority
East Coast District Council, East Coast House, Station Road, Melton Woodbridge IP12 1RT
Tel: 01394 383789

Tenure
The long leasehold interest is for a term of 999 years with a commencement date of 27th April for 20 High Street and 31st March 1989 for 22 High Street.

Terms
Offers are invited in the region of £150,000 for the long leasehold interest for both or £75,000 individually.

Legal Costs
Each party to be responsible for their own legal costs.
( Agency Pilot Software Ref: 14868996 )

LOCATION

Location: 20 & 22, High Street, Leiston, IP16 4EW

Saxmundham (3.7 miles)

Darsham (5.1 miles)

Wickham Market (8.4 miles)

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