Location
The property is located mid-way along Ipswich Street in Stowmarket town centre, close to the prime retail area and Market Place. There is a good mix of independent and national operators in the town. Neighbouring occupiers include Dominos Pizza and Abbotts Estate Agents. The property is within walking distance of the railway station and several public car parks nearby.

Stowmarket is a popular market town in the Mid-Suffolk area along the A14, which provides excellent access to Ipswich (approx. 15 miles to the south-east), Bury St Edmunds (approx. 16 miles) and Cambridge (approx. 43 miles) to the west, as well as the national motorway network.

Stowmarket is experiencing significant commercial, residential and community infrastructure development at the Gateway 14 Business Park, in addition to a £1.5m fund allocated to revitalise the town centre.

Description
The property is of brick-built construction and comprises a ground floor retail unit with glazed frontage. The property is predominantly open-plan retail space with a small kitchenette and wc located to the rear. There is access for loading to the rear of the property.

Terms
The property is available To Let on a new lease on effectively full repairing and insuring terms for a minimum term of 3 years. Upon terms being agreed the prospective tenant is to pay an administrative fee of £250.00 plus VAT. Fee inclusive of referencing and ID due diligence for anti-money laundering purposes.
 
Services
Mains electricity, gas and water are believed to be available to the premises. Interested parties are however advised to make their own enquiries to the relevant service providers.

Business Rates
We understand from internet enquiries made from the VOA website that the property has a current rateable value of £10,750 (2017 assessment). From April 26 RV = £12,750 RP = 38.2p qualifying businesses will be entitled to Small Business Rate Relief. Interested parties should make enquiries directly with the local council.

Rent - The property is available at a rent of £14,000 per annum exclusive.

VAT - We understand that VAT will not be payable on the rent.
 
Legal Costs - Each party to bear their own legal costs.

Viewing
Strictly by prior appointment with the sole agents Birchall Steel
a division of Nicholas Percival.

Gordon Birchall
T:
E:

Ref: C6079