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 is situated on the south side of Buttermarket within the town centre. The Buttermarket is pedestrianised and forms part of the town centre retail core.
Neighbouring occupiers include Toni and Guy, White Stuff, Fatface, Patisserie Valerie, Waterstones and New Look.
The premises comprise an attractive Grade II Listed two storey retail unit with basement. The ground floor is currently arranged to provide a sales area to the front with office and storeroom to the rear. The first floor is accessed via an internal staircase to the rear and provides additional storage/office accommodation together with a kitchen/staffroom and WC.
The main sales area is fitted with fluorescent spot lighting and tile floor coverings.
The premises benefits from a fully glazed retail frontage onto Buttermarket.
The property provides the following approximate net internal floor areas:
Sales Area32.11 sq m(346 sq ft)
Rear Office/Store22.20 sq m(239 sq ft)
Store Cupboard 6.71 sq m( 72 sq ft)
Total61.01 sq m(657 sq ft)
Office/Stores15.40 sq m(166 sq ft)
Kitchen/Staff Room12.25 sq m(132 sq ft)
Total27.66 sq m(298 sq ft)
Basement (not inspected) ----
Total Net Internal Floor Area88.67 sq m(954 sq ft)
We understand the property is connected to mains electricity, water and drainage.
We have not tested the services and all interested parties should rely upon their own enquiries with the relevant utility providers in connection with the availability and capacity of all those serving the property including IT and telecommunication links.
The property is assessed as follows:
Rates payable (2021/22)£9,481 per annum.
The rates are based on the UBR for the current year of 0.499p in the pound.
Ipswich Borough Council
15-17 Russell Road
Suffolk IP1 2DE
Telephone: 01473 432000
The premises are available on a new business lease from 1st January 2022 upon terms to be agreed and at an initial rent of £19,750 per annum exclusive.
A service charge is payable in relation to the common areas and upkeep of the property. Further details are available upon request.
VAT is payable on the rent and service charge at the prevailing rate.
Each party to be responsible for their own legal costs.
Energy Performance Certificate Rating
E - 104
( Agency Pilot Software Ref: 14869669 )