Market Place, Diss, Norfolk, IP22

LOCATION
Diss is a thriving 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 along with Mere Street. Nearby occupiers include Holland & Barrett, Boots and Costa Coffee.

DESCRIPTION
A refurbished ground floor former building society premises with prominent display windows to Market Place fully let to Diss and Thetford Citizens Advice Bureau ('CADAT').

ACCOMMODATION
Double doors with display windows either side lead to open-plan former banking area / retail area with separate office rear left. Door through to lobby with two further offices off, door through to rear open-plan ancillary area and facilities cupboard. Rear hall with separate male and female toilets, office and door through to kitchen. Fire exit to small area at rear with external door to basement and gate out to Kings Head car park.

FLOOR AREAS (NIA)
Retail sales 143.4 sqm 1,544 sqft
Ancillary 36.9 sqm 397 sqft
Storage 9.0 sqm 97 sqft
Basement 13.7 sqm 147 sqft
203.0 sqm 2,185 sqft

LEASE
The property is let to CADAT for a term of six years from 4 August 2025 at a rent of £25,000pa on Full Repairing and Insuring ('FRI') terms, subject to a schedule of condition. There is a tenant-only break clause and a CPI rent review at the end of Year 3. A copy of the lease is available on request.

GUIDE PRICE
£315,000

REGISTERED TITLE
NK251524

VAT
No VAT

SERVICES
Mains water, gas, electricity (3ph), foul drainage and air conditioning.

BUSINESS RATES
Rateable Value: £22,000

ENERGY PERFORMANCE CERTIFICATE ('EPC')
Energy rating: E (104)

PLANNING
We assume the property has planning permission for Class E business use by virtue of its previous use.

LOCAL AUTHORITY
South Norfolk Council.

COSTS
Each party will be responsible for their own costs.