Bury Street, Stowmarket, Suffolk, IP14

Hairdressing salon in Stowmarket Town Centre. NIA extending to approx. 57.11 sqm (615 sqft). Business handover option is available, due to owner’s retirement.

LOCATION
The property is located in Stowmarket Town Centre. Nearby occupiers include Moments Coffee Shop and Style at Stow. Stowmarket benefits from convenient access to the A14 and has a mainline railway station with London Liverpool Street approximately 1 h 26 minutes.

DESCRIPTION
10 Bury Street is a mid-terrace property with accommodation arranged over two floors. On the ground floor there is an open plan retail space with large glass display frontage onto Bury Street, understairs storage and WC. On the first floor there is an open plan retail space with windows to the front and rear, staff room and stock room. The premises benefits from hair washing sinks, air conditioning units, radiators, lighting and vinal flooring.

ACCOMMODATION
The premises offers approximate net internal floor areas:
Ground Floor
Retail Space 17.72 sqm 191 sqft
Understairs Storage 2.15 sqm 23 sqft
First Floor
Retail Space 28.70 sqm 309 sqft
Staff Room 5.28 sqm 57 sqft
Stock Room 3.26 sqm 35 sqft
Total Net Internal Area: 57.11 sqm 615 sqft

RENT AND AVAILABILITY
10 Market Place £12,000 pa – Available

LEASE TERMS
The property is available on a new lease.

DEPOSIT
Three months’ rent.

VAT
No VAT.

SERVICES
Mains water, electricity, drainage and gas fired central heating.

ENERGY PERFORMANCE CERTIFICATE (EPC)
Energy rating: ‘D’ (83)

BUSINESS RATES
Rateable Value: £5,200 RV 2023
Payable Rates: £2,594.80 per annum
The rates payable are based on the current UBR of £0.499. Small business rates relief may be available providing up to 100% exemption. All interested parties should make their own enquiries with Mid Suffolk District Council regarding their rates liability.

PLANNING
The property is within the conservation area. We assume that the property has planning consent for Class E use by virtue of its current use. The property may be suitable for a variety uses under Class E including: retail, restaurant, sports and recreation, medical and health services, creche and day nursery and research & developments. All interested parties should make their own enquiries with Mid Suffolk District Council regarding the intended use.

LOCAL AUTHORITY
Mid Suffolk District Council, Endeavour House, 8 Russell Rd, Ipswich IP1 2BX. Tel:

COSTS
Each party will bear their own legal costs for entering a new lease.

AGENT’S NOTE
• Business handover option is available, due to owner’s retirement. Please contact the agent for further information on Chapmans Hairdressing business.
• Hairdressing equipment and shop fittings are available to purchase by separate negotiation.

VIEWING AND FURTHER INFORMATION
Strictly by appointment only. To arrange a viewing or for further information please see attached property particulars.