Wilkes Way, Stowmarket, Suffolk, IP14

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Description

The shop occupies a prominent position on Wilkes Way, which is the main thoroughfare between Asda Supermarket and the town centre. The shop is in close proximity to Iliffe Way and Meadow Centre Car Parks. Nearby occupiers include Costa Coffee , Asda Pharmacy and Opticians, Barnados, Hays Travel.

Location

Stowmarket is a historic market town located on the A14 which provides routes to Ipswich (11 miles to the south east) and Bury St Edmunds (15 miles to the north west). The town benefits from a direct train service to London Liverpool Street and Norwich

Accommodation Description

The property comprises a ground floor self contained retail unit with rear parking. The approximate net internal floor area is 1,191 sq ft (110.6 sq m).

Terms

The property is available by way of a new effectively full repairing and insuring lease for a term to be agreed. Our client reserves the right to charge VAT at the prevailing rate.


Rates

The Valuation Office Agency website indicates that as from April 2023 the Rateable Value is £17,250. This is not the annual rates payable.

The rates payable will depend on the occupier's circumstances and can be obtained from www.gov.uk/correct-your-business-rates which includes a rates payable calculator.

Service charge

There is an estate service charge to cover the maintenance and repair of the common areas. Further details available on application. ( Agency Pilot Software ref: 165787 )