Buttermarket, Ipswich

Commercial Unit Available

Ipswich is the county town of Suffolk with a resident population of approximately 130,000 and a retail catchment of almost 320,000. The town is situated approximately 79 miles north east of central London, 43 miles south of Norwich and 18 miles north east of Colchester.

The property is situated on the south side of Buttermarket within the town centre. The Buttermarket is pedestrianised and forms part of the town centre retail core.
Neighbouring occupiers include Toni & Guy, White Stuff, Fatface, Waterstones and New Look.

The premises comprise an attractive Grade II Listed two storey retail unit with basement. The ground floor is currently arranged to provide a sales area to the front with office and storeroom to the rear. The first floor is accessed via an internal staircase to the rear and provides additional storage/office accommodation together with a kitchen/staffroom and WC.

The main sales area is fitted with fluorescent spot lighting and tile floor coverings.
The premises benefits from a fully glazed retail frontage onto Buttermarket.

Available for a 3 year Lease.

Accommodation - The property provides the following approximate net internal floor areas:
Ground Floor
Sales Area 32.11 sq m ( 346 sq ft)
Rear Office/Store 22.20 sq m ( 239 sq ft)
Store Cupboard 6.71 sq m ( 72 sq ft)
Total 61.01 sq m ( 657 sq ft)
First Floor
Office/Stores 15.40 sq m ( 166 sq ft)
Kitchen/Staff Room 12.25 sq m ( 132 sq ft)
WC -- --
Total 27.66 sq m ( 298 sq ft)
Basement (not inspected) -- --
Total Net Internal Floor Area 88.67 sq m ( 954 sq ft)

Services - The property is connected to mains electricity, water and drainage.
We have not tested the services and all interested parties should rely upon their own enquiries with the relevant utility providers in connection with the availability and capacity of all those serving the property including IT and telecommunication links.

Business Rates - The property is assessed as follows:
Rateable Value: £14,500

Local Authority - Ipswich Borough Council
Grafton House
15-17 Russell Road
Ipswich
Suffolk IP1 2DE

Terms - The premises are available on a new business lease from 21st February upon terms to be agreed and at an initial rent of £19,750 per annum exclusive.

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

VAT is payable on the rent and service charge at the prevailing rate.

Legal Costs
Each party to be responsible for their own legal costs.

Energy Performance Certificate Rating
E - 104