5 The Thoroughfare has a ground floor and basement net internal area totalling 974 sq ft. The property occupies a good secondary location just off Tavern Street and the recently refurbished market square, which is one of Ipswich's primary retail thoroughfares. Retailers in close proximity include Waitrose, River Island, Carphone Warehouse and Boots.
Ipswich is the county town of Suffolk and has an urban area population of 139,000 and a primary catchment of 274,000 people. The town is located adjacent to the A12 and A14, which provide links to London, Norfolk and The Midlands. Buttermarket Shopping Centre has been extensively redeveloped and houses a new multiplex cinema with operators including Pure Gym, Prezzo, Coast to Coast and Cosy Club.
Shop Depth 57 ft17.4 m
Internal Width14 ft 2 in14.3 m
Ground Floor Sales687 sq ft63.8 sq m
Ground Floor Ancillary 57 sq ft 5.3 sq m
Basement Ancillary 230 sq ft 21.4 sq m
The unit is available by way of a new effectively full repairing and insuring lease, for a term to be agreed.
£13,500 per annum exclusive.
The Valuation Office Agency website indicates that the 2017 Rateable Value is £13,000. This is not the annual rates payable.
The rates payable will depend on the occupier's circumstances and can be obtained from either Ipswich Borough Council (Business Rates: 01473 432 000), or via www.gov.uk/correct-your-business-rates which includes a rates payable calculator.
Interested parties may wish to note that qualifying occupiers may be entitled to tapered relief on properties with rateable value of between £12,001 and £14,999.
Viewing and further information
Contact: Adrian Fennell
Tel: 01603 756334
Contact: Ben Common
Tel: 01603 756340
( Agency Pilot Software Ref: 165331 )