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Agent's details

22A Hatter Street

For sale: £165,000.00|To rent: £10,500.00 Per Annum|414 Sq Ft|General Retail, Retail

Property details

FOR SALE£165,000.00
TO RENT£10,500.00 Per Annum
SIZE414 Sq Ft
ADDRESS22A Hatter Street, Bury St. Edmunds, IP33 1NE
TYPEGeneral Retail, Retail
TENURETo Let, Under Offer, For Sale Leasehold
POSTED ON8th September 2022

Description

Key Points

  • Available for sale long leasehold
  • Attractive & self contained retail unit within Grade II listed building
  • Excellent window frontage to Hatter Street
  • Small business rates relief available (subject to occupier)
  • Busy town centre location, close to Abbeygate Street
  • Summary

    Ground floor self contained retail unit available to rent or for sale

    Description

    The property comprises a grade II Listed ground floor shop with an excellent glazed double frontage to Hatter Street. Internally the property provides a well-proportioned front sales room with excellent floor to ceiling height and some period features. A smaller rear sales area (or ancillary storage) is also provided together with a single WC.

    Viewings

    Strictly by appointment with the sole selling agents Hazells on 01284 702626.

    Location

    The property is situated in the heart of the town centre close to the prime retailing areas of Abbeygate Street and Buttermarket. The property has frontage to Hatter Street which provides a rich mixture of retail, restaurant, café and residential uses and is a popular location for the secondary retail market.

    Terms

    The property is available for sale long leasehold. The lease will be granted for a term of 125 years at a peppercorn rent.

    Rent & Asking Price

    Offers in excess of £175,000 exclusive of VAT are invited for the long leasehold interest.

    Legal Costs

    Each party to be responsible for their own legal costs incurred in this transaction. The ingoing tenant or purchaser will be required to provide an undertaking to pay the landlords/vendors abortive legal costs should they not proceed once solicitors are instructed.

    VAT

    The Landlord reserves the right to charge VAT in accordance with current legislation.

    Location

    marker
    Location: 22A Hatter Street, Bury St. Edmunds, IP33 1NE

    Bury St Edmunds (0.6 miles)

    Thurston (4.1 miles)

    Elmswell (8.4 miles)

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