Saxmundham, Suffolk

Gross internal areas of 400sq.ft (37sqm)

Rent Incentive Available — 50% off rent for first 6 months

Available Immediately, New RICS Retail Lease Available

Location
The premises is located on the Market Place in the popular Suffolk town of Saxmundham. Saxmundham has a population of circa 5000 people (2021 census) and has grown significantly over the years adjoining the A12 trunk road 22 miles north of Ipswich and 25 miles south of Lowestoft. The property is only 7 miles from Sizewell Power Station on the Suffolk Coast. 

Directions
From the Saxmundham High Street, head out of the town on the B1121 towards Carlton. At the end of the High Street, turn left onto Market Place, where the property will be found on the right hand side.

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Description
A high street retail premises/office located on Saxmundham Market Place. The property comprises a main retail area with frontage onto the Market Place, with a secondary retail area/office behind. Completing the accommodation is a small wc/store which provides access down to the basement. 

Features include:-
Large glazed window facing Market Place
Prime town centre location
Main retail space with secondary office/retail area
Useful basement for storage
Low Rateable Value
Easy access to A12 and only 7 miles from the planned Sizewell C

The accommodation comprises:-

                                 Sq.m      Sq.ft
Zone A                      18         189
Zone B                        9         94
WC & Store                 3        30
Basement                    8         87
                                  37        400

Terms
The premises are available to rent on a new 3 year RICS Small Business Retail Lease at £8,500pax (£709 per calendar month). However, the rent will be reduced by 50% for the first 6 months of the lease to £355 per calendar month. The Tenant will also be responsible for paying the Landlord for the cost of buildings insurance. The Landlord may also consider the assignment of the existing lease which has circa 21 months left to run.

Planning
We understand the property has Class E planning use by virtue of its existing use (Estate Agency).

Services
We understand mains electricity, water and foul drainage are connected to the property. We have not undertaken any detailed investigations in relation to the availability and capacity of services and prospective Tenants should satisfy themselves in this regard.

Energy Performance Certificate (EPC) 
C(69)

Rateable Value
The property has a rateable value of £4,700 and therefore may be eligible for Small Business Rate Relief for qualifying occupiers.
 
Local Authority   
East Suffolk Council. 
 
Viewing
Strictly by appointment with Clarke and Simpson.

NOTES
1.   Every care has been taken with the preparation of these particulars, but complete accuracy cannot be guaranteed.  If there is any point, which  is of particular importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you.  These Particulars do not constitute a contract or part of a contract.  All measurements quoted are approximate.  The Fixtures, Fittings & Appliances have not been tested and therefore no guarantee can be given that they are in working order.  Photographs are reproduced for general information and it cannot be inferred that any item shown is included.  No guarantee can be given that any planning permission or listed building consent or building regulations have been applied for or approved. The agents have not been made aware of any covenants or restrictions that may impact the property, unless stated otherwise.  Any site plans used in the particulars are indicative only and buyers should rely on the Land Registry/transfer plan. 

2.    The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 require all Estate Agents to obtain sellers’ and buyers’ identity.