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Unit 6, Borehamgate Shopping Centre, Sudbury CO10 2EG

£1,042 pcm
£12,500 pa

£15.39 per sq ft

Business rates & charges may apply

Nicholas Percival Commercial, Colchester
SIZE AVAILABLE

812 sq ft

75 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent

Description

LOCATION
The premises are located within the Borehamgate Shopping Centre. The Borehamgate Shopping Centre adjoins the bus station and provides an important pedestrian link from that, the railway station and carparks adjacent to Roys and Waitrose with the prime shopping areas within the town. Other occupiers within the scheme include The Job Centre, the Post Office, the RSPCA and Premier Travel.

Sudbury itself is a busy and expanding market town with a population of around 25,000 (including Gt Cornard) but which serves a catchment population estimated at around 55,000. The town is situated some 14 miles south of Bury St Edmunds, 15 miles northwest of Colchester and some 23 miles from the county town of Ipswich. There are branch line train services from Sudbury to London´s Liverpool Street via Marks Tey taking approximately 70 minutes.

DESCRIPTION
The property comprises a newly refurbished ground floor lockup shop unit with rear loading alongside WC facilities. The facade is fully glazed and is accessed via a pedestrian door directly from the main pedestrianised, part covered courtyard area. The premises now benefit from new suspended ceilings and lighting, brand new air conditioning has been fitted, and the unit has been fully redecorated.

The shop provides the following accommodation but please note that all areas and dimensions are approximate:

Shop Width 17´2" (5.25m)

Shop Depth 47´4" (14.45m) currently a removable partition exists.

Net Sales Area 812sq. ft. (75.49m²)

Rear Lobby Door providing rear loading.

Kitchenette and door to WC

SERVICES
All main services are connected.

TERMS
The premises are available on a new lease on effectively full repairing and insuring terms but for a term to be agreed.

The lease will exclude S24-26 of the Landlord and Tenants Act 1954.

RENT £12,500 per annum exclusive, plus VAT * INCENTIVES AVAILABLE * please contact us for further details

RENT DEPOSIT The tenant will be required to lodge a rent deposit equating to 3 months´ rent plus a sum equal to the vat on that amount.

OUTGOINGS
The rateable value is £10,750 (Multiplier for the current year is 38.2p in respect of retail, hospitality and leisure) Qualifying applicants would benefit from 100% small business rates relief.

VAT
The property is elected for VAT purposes, so VAT is chargeable on the rent and service charge.

SERVICE CHARGE
A service charge is levied in respect of the maintenance and management of the shopping centre. The budget for the current year is approximately £3,750 per annum.

OTHER
EPC
Energy Rating B. Certificate valid until 1st June 2035.

VIEWING
VIEWING By confirmed prior appointment with the agent: Birchall Steel Ltd -

Energy Performance Certificates

EPC Front Page

Brochures

Unit 6, Borehamgate Shopping Centre, Sudbury CO10 2EG

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sudbury Station0.2 miles
  • Bures Station4.9 miles

About Nicholas Percival Commercial, Colchester

Beacon End Farmhouse London Road, Stanway, Colchester, CO3 0NQ

Nicholas Percival are well-established Estate Agents and Chartered Surveyors with over 25 years of experience selling the finest village, town and country houses in North Essex and South Suffolk

The Commercial Property Division specialises in all aspects of Sales, Lettings and Professional Advice to both Landlords & Tenants Nicholas Percival Chartered Surveyors has an established reputation for professional excellence and integrity and is regarded as one of the leading independent practices in North Essex

Commercial rent reviews and lease renewals are an opportunity for both owners and occupiers to recast their agreement in a more commercial form; they are not just a re-negotiation of the level of rent. Whether you are the landlord or tenant, when it is time for a rent review or lease renewal it is important to avail yourself with the best representation and accurate advice from a specialist commercial chartered surveyor such as those at Nicholas Percival

Nicholas Percival's Commercial Property Management division have been helping companies and individuals manage their commercial property in Essex for over 29 years.

Our specialist team are based in Colchester and have a depth of local knowledge and expertise that enables them to ensure that client's properties are successfully managed, and as a matter of course provide advice on long term strategic changes, in order to create added value and asset enhancement.

Nicholas Percival assumes full responsibility for the day to day management of your property portfolio. We will be in touch with you throughout the year and will meet you at least once a year to provide a full review of the property portfolio performance. However, our goal is to provide exactly the service you need and we are happy to tailor this approach to suit you. We understand that every company and individual have different needs and will work with you to find the right level of communication and involvement that suits you. In addition, you can rely on our team to help and advise you as and when it is required.

Our Management service covers all aspects of property management:

• Rent collection

• Accounting to the client on a monthly or quarterly basis

• Service charge collection

• Budgeting and collection service charge accounts

• Arranging buildings insurance

• Organising contracts with maintenance suppliers such as cleaners, gardeners etc.

• Health and Safety issues

• Landlord and tenant Statutory obligations

• Site visits and inspections

• Negotiating Rent Reviews & Lease Renewals

Nicholas Percival act as the principal liaison between the Landlord and Tenant at all times. All of our Management services are dealt with in accordance with the terms of the leases and any current relevant legislation and codes of practice.

In addition to our core landlord and tenant, building surveying and valuation services, we provide a variety of additional services, including:

• Independent purchase reports

• Strategy advice and reports

• Redevelopment/conversion appraisals

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 101551004043. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nicholas Percival Commercial, Colchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.