Ground floor self contained retail unit available to rent or for sale
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.
Strictly by appointment with the sole selling agents Hazells on 01284 702626.
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.
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.
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.
The Landlord reserves the right to charge VAT in accordance with current legislation.
Bury St Edmunds (0.6 miles)
Thurston (4.1 miles)
Elmswell (8.4 miles)