26 Upper Brook Street, Ipswich, Suffolk, IP4 1EB

LOCATION:

Ipswich is one of East Anglia's most important commercial centres with a catchment population of about 350,000. There are good road links to the M25, London and Midlands via the A12 and A14 dual carriageways. London Liverpool Street is just over an hour away from Ipswich by train.

The property is situated on the western side of Upper Brook Street close to the junction with Buttermarket within the town centre. Nearby occupiers include Caffe Nero, Greggs and Sainsbury's.

DESCRIPTION:

The property comprises an end of terrace retail unit arranged upon ground floor, together with a basement. The ground floor comprises a regular shaped retail area with office/store to the rear. The basement provides storage and ancillary accommodation including a tea-point and WC.

The specification to the retail area includes suspended ceilings incorporating LED lighting, perimeter power points and wood effect vinyl floor coverings.

The property benefits from a fully glazed retail frontage.

ACCOMMODATION:
[Approximate Net Internal Floor Areas]

Ground Floor
Retail Area: 622 sq ft [ 57.80 sq m]
Store: 125 sq ft [ 11.62 sq m]

Basement
Store/Work Room: 204 sq ft [ 18.99 sq m]
WC: -- --

Total Net Internal Floor Area 952 sq ft [ 88.41 sq m]
Total Net Internal Floor Area: 1,483 sq ft [137.77 sq m]

BUSINESS RATES:

According to the Valuation Office Agency website, the premises has a Rateable Value of £10,500. The rates payable (2024/25) is £5,239.50 per annum based on the current UBR for 2024/25 of £0.499.

Small business rate relief may be available providing up to 100% exemption subject to eligibility. All interested parties should make their own enquires with the local rating authority in order to verify their rates liability.

SERVICES:

it is understood that 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.

PLANNING:

We understand that the premises has permission for Use Class E.

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

LOCAL AUTHORITY:

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

Tel:

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 £15,000 per annum exclusive.

The rent is not subject to VAT.

LEGAL COSTS:

Each party is to be responsible for their own legal costs.