Unit 13, Sailmakers Shopping Centre, 11 Tavern Street, Ipswich, Suffolk, IP1

Ipswich is the largest town in Suffolk and the administrative centre for the county, it is also considered one of the most important shopping destinations in East Anglia. There is a catchment population of 377,000 and tourist numbers estimated at 3.5 million visitors per year.

The Sailmakers Shopping Centre is a 133,000ft covered modern shopping centre and is the main retail led shopping centre within the town. The shopping centre is modern and well maintained, it is situated in the very heart of Ipswich and provides a busy link between Tavern Street and Tower Ramparts Bus Station.

The centre is home to an eclectic mix of national, regional and independent tenants including Poundland, Leading Labels, Bodycare, River Island, HMV and Boots to name a few.

DESCRIPTION:
Prime position retail unit situated on the ground floor mall providing open plan sales accommodation with rear store and staff facilities.

ACCOMMODATION:
The property provides an approximate floor area of 1,699 sq ft (157.80 sq m).

TERMS:
The property is available by way of a new effective full repairing and insuring lease for a term of years to be agreed at a rent of:-

£17,500 per annum exclusive

Short term flexible options will also be considered.

SERVICE CHARGE:
A service charge is applicable on an apportioned basis, further details available upon request.

BUSINESS RATES:
We understand from the Valuation Office Agency that the property is assessed as follows:-

Rateable Value (2024/25): £12,750 (due to drop to £10,250 from 1st Apr 25)
Rates Payable (UBR £0.499): £6,362.25

The rates payable are based on the current UBR of £0.499. Subject to tenant's eligibility, small business rates relief will may be available providing a reduction on the Rates Payable. This information is for guidance only and all parties should check themselves with the local billing authority to confirm their rates liability.

PLANNING:
The property is categorised as Use Class E and can therefore be used for the following uses; retail shop, financial & professional services, café or restaurant, office use, clinic, health centre, creche and gym.

ENERGY PERFORMANCE CERTIFICATE [EPC]:
A copy of the EPC is available on request. Ref 1785-4576-8294-0262-8485

VAT:
VAT is applicable at the prevailing rate.

LEGAL COSTS:
Each party are to be responsible for their own legal costs incurred.

ANTI-MONEY LAUNDERING REGULATIONS:
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identity prior to the instruction of solicitors.