Commercial Property to rent

Location: Market Hill is part of the central business area of Diss and leads down to the principal retailing area of Market Place and Mere Street. Market Hill is on a one way system and the premises stand in a prominent location opposite the agent’s offices. Nearby occupiers include Barclays Bank and Lloyds TSB.

Diss is a thriving market town with a population of approximately 7,500 and a catchment of 50,000. It has excellent access to main roads including the A140 (Norwich - Ipswich) and the A143 (Bury St Edmunds - Lowestoft) as well as a main line railway station with a direct service to Norwich, Ipswich and London Liverpool Street.

Directions: From the A140 take the A1066 (Victoria Road) as far as the roundabout by the Park Hotel. Turn right up Denmark Hill, at the top turn right into St Nicholas Street. Follow the road down, round to the right and back up Market Hill and the premises will be found on the right hand side above the Imago Centre. There is limited free parking outside the premises.

Description: Well maintained first and second floor premises with separate ground floor entrance. The premises form part of a Grade II Listed building of timber framed construction with rendered brick walls and a clay pantile roof. Stairs from the ground floor lead to the reception area (with stairs to a second floor) and door through to three rooms, waiting area, kitchen and WC. There is a further room and office on the second floor.

Lease: The premises are held under a lease for a term of three years from 23 January 2009 at a rent of £6,000 per annum.

Repairs and Insurance: The Lessee is responsible for internal repairs and insurance, and the Lessor for the roof, main structure and foundations. The tenant is also responsible for external repairs of a three yearly cycle, the cost of which will be shared with the ground floor occupier.

Services: Mains water, electricity and foul drainage are connected.

Outgoings: The Lessee is responsible for all outgoings including Business Rates.

Business Rates: Further information on Business Rates is available from www.voa.gov.uk

Rateable Value (2005) £4,450
Rateable Value (2010) £5,200

Local Authority: South Norfolk Council

References: Applicants will be required to complete a credit check at a cost of £25 plus VAT per applicant.

Costs: The Assignee will be responsible for the legal costs of the assignment.

Viewing: Strictly by arrangement with the sole letting agents TW Gaze, 10 Market Hill, Diss, Norfolk IP22 4WJ

Contact: Oliver Chapman MRICS
Telephone: 01379 650 468
Email: o.chapman@twgaze.co.uk

You should be aware that the Code of Practice for Commercial Leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website www.leasingbusinesspremises.co.uk.

Misrepresentation Act 1967: These details are believed to be correct, but cannot be guaranteed, and they are expressly excluded from any contract. Any price, rent or premium quoted is exclusive of VAT unless specifically otherwise stated.