Market Place, Diss, Norfolk, IP22

market town in south Norfolk with a population of approximately 7,500 and a catchment of some 50,000 people. It has a wide range of services and amenities including a mainline railway station serving Norwich, Ipswich and London Liverpool Street. The property is located on Market Place, the prime retail area in Diss. Nearby occupiers include Boots, Holland & Barrett and Costa Coffee.

DESCRIPTION
The building forms part of the former Kings Head Hotel and comprises two ground floor retail units, two flats above and a converted two storey outbuilding at the rear. The building is Grade II Listed and of timber frame construction under a clay pantile roof with external rendered walls. The Salon is of brick and block construction under a slate roof.

FLOOR AREAS
11d Market Place 91.0 sqm 980 sqft
11e Market Place 25.3 sqm 272 sqft
The Salon 32.1 sqm 346 sqft
1 Mereside Apartments 43.3 sqm 466 sqft
2 Mereside Apartments 83.4 sqm 898 sqft
275.1 sqm 2,961 sqft

RENT
The property is fully let.
Passing rent: £38,200 pax

RATEABLE VALUES / COUNCIL TAX
11d Market Place £11,250 RV
11e Market Place £4,400 RV
The Salon £1,800 RV
1 Mereside Apartments Band A
2 Mereside Apartments Band A


REGISTERED TITLE
NK162209
TENURE
11d Market Place
The property is let to Adrian Urbaniak (t/a Pizza Buongiorno) for a term of six years from 07.12.2022 on internal repairing terms plus service charge. Further details on request.

11e Market Place
The property is let to Unirate Ltd (t/a Timpson) for a term of 10 years from 18.05.2012 on internal repairing terms plus service charge. The tenant is holding over and no notices have been served or received. Further details on request.

The Salon, Mere Street
Located at the rear of the building in the former Kings Head car park the property is let to Pushforward Secondary Education Ltd for a term of six years from 01.04.2025 on full repairing and insuring terms. Further details on request.

Flat 1 Mereside Apartments
A one bedroom flat located on the first floor at the rear of the building. Let on an AST for 12 months from 01.09.2025.

Flat 2 Mereside Apartments
A two bedroom flat located on the first floor at the front of the building. Let on an AST for 12 months from 01.04.2023.

VAT
No VAT.