Description & Terms

The Walk is a distinctive and well-known retail parade situated in the heart of Ipswich town centre. Constructed in 1938, the development was designed in an attractive mock Tudor style, featuring decorative timber façades, leaded windows, and period detailing that contribute to its unique and recognisable character.

Originally developed to create a vibrant pedestrianised thoroughfare, the parade provides a charming, historic setting that continues to appeal to both local shoppers and visitors. Today, The Walk offers a diverse mix of occupiers, combining independent retailers, specialist shops, and national brands, all benefitting from the scheme's distinctive architecture and consistent footfall.

The available units vary in size and specification, offering flexible accommodation suited to a wide range of retail and service-based uses. Each unit is entirely self-contained and features a prominent glazed frontage, providing excellent display and signage opportunities.

All floor areas have been measured on an approximate basis in accordance with the RICS Code of Measuring Practice (6th Edition) on a Net Internal Area (NIA) basis. A schedule of accommodation, together with individual specifications and quoting rents, can be found on the following page.

ADDRESS SPECIFICATION

13 The Walk:
Total NIA: 1,442 sq ft (133.93 sq m)
Rent: £9,250 per annum

7 Buttermarket:
Total NIA: 976 sq ft (89.86 sq m)
Rent: £17,250 per annum

24 Thoroughfare:
Total NIA: 1,187 sq ft (110.34 sq m)
Rent: £16,250 per annum

BUSINESS RATES

The premises are assessed as follows:

13 The Walk Rateable Value: £11,250 | Rates Payable: £5,613.75
7 Buttermarket Rateable Value: £15,000 | Rates Payable: £7,485
24 Thoroughfare Rateable Value: £14,000 | Rates Payable: £6,986

The rates payable are based on the current UBR of £0.499. Small business rates may be available providing 100% exemption and all interested parties should make their own enquiries with the local rating authority in order to verify their rates liability.

PLANNING

It is assumed that the premises fall within Use Class E as defined in the Town and County Planning (Use Classes) Order 2020 which allow for a variety of commercial, business and service uses. Alternative uses will be considered subject to the relevant consents.

All interested parties should make their own enquiries with the local planning authority regarding their intended use.

SERVICES

It is understood that each unit 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.

LOCAL AUTHORITY

Ipswich Borough Council, Grafton House, 15-17 Russell Road, Ipswich, Suffolk, IP1 2DE
Tel:

ENERGY PERFORMANCE CERTIFICATES [EPC]
13 The Walk: E Rating
7 Buttermarket: E Rating
24 Thoroughfare: D Rating

SERVICE CHARGE

A service charge is payable in relation to the upkeep of the common areas of the estate. Further details are available upon request.

LEGAL COSTS

The landlord prepares the leases themselves, the tenant is to contribute to the landlords lease preparation costs to the sum of £250 plus VAT.