Overview
- Retail
- Property Type
- 3237 - 3237
- sq ft
Description
Location
The property is situated in a prime position on the pedestrianised Tavern Street, close to the junction with Tower Street. The premises are positioned between River Island and Hays Travel, and immediately adjacent to the entrance of Sailmakers Shopping Centre. Other nearby occupiers include Pandora, Superdrug, and Flying Tiger, along with a range of other national retailers.
DESCRIPTION
The property comprises a terraced ground floor retail unit. The ground floor provides a main retail area to the front, with a partitioned store and office to the rear (which could be reconfigured to create a larger open retail space).
The first floor offers additional office and storage accommodation, along with kitchen and WC facilities. The second floor provides further storage space.
The retail area benefits from a fully glazed shop frontage and is fitted with spot lighting, air-conditioning, and wood-effect laminate flooring.
ACCOMMODATION [Approximate Net Internal Floor Areas]
Ground Floor
Retail Area: 952 sq ft [ 88.45 sq m]
Store: 452 sq ft [ 41.96 sq m]
Office: 84 sq ft [ 7.84 sq m]
First Floor
Offices: 992 sq ft [ 92.13 sq m]
Kitchen Area: 247 sq ft [ 22.98 sq m]
WCs: -- --
Second Floor Store: 510 sq ft [ 47.35 sq m]
Total Net Internal Floor Area: 3,237 sq ft [ 300.71 sq m]
Frontages Gross: 11.18 m | Net: 10.46 m
BUSINESS RATES
According to the Valuation Office Agency website, the premises has a Rateable Value of £56,500. The rates payable (2024/25) is £30,849 per annum based on the current UBR for 2024/25 of £0.546.
All interested parties should make their own enquires with the local rating authority in order to verify their rates liability.
PLANNING
The property has planning permission for retail use within Class E(a) of the Town and Country Planning (Use Classes) Order 1987 (as amended). It would also be suitable for a range of other uses falling within Class E, such as professional services or medical/health-related uses, subject to any necessary consents.
All interested parties are advised to make their own enquiries with the local planning authority to confirm the suitability of their intended use.
SERVICES
It is understood the premises is connected to mains water, electricity and drainage.
We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility companies in connection with the availability and capacity of all those serving the property including IT and telecommunications.
ENERGY PERFORMANCE CERTIFICATE [EPC]
B (4) Rating ref: 9511-2134-8002-0490-9592
LOCAL AUTHORITY
Ipswich Borough Council, Grafton House, 15-17 Russell Road, Ipswich, IP1 2DE
Tel: 01473 432000
TERMS
The unit is available by way of a new effective full repairing and insuring business lease upon terms to be agreed at an initial rent of £52,500 per annum exclusive.
The rent subject to VAT.
LEGAL COSTS
Each party is to be responsible for their own legal costs.
Summary
Key points
- Prime position on Tavern Street
- Prominent three storey retail unit
- NIA: 3,237 sq ft (300 sq m)
- Rent: £52,500 per annum exclusive
- Available for immediate occupation
- Contact
Fenn Wright
Tel: 01473 232701
Hamish Stone
hws@fennwright.co.uk
Contact Information
View Listings- Fenn Wright
- 01473 417714
Enquire About This Property
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