Request a Valuation
To Let: £22,500 pa
8 Ipswich Street, Stowmarket, East Of England, IP14
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Area
1695Sq Ft
Stowmarket is a busy market town located within central Suffolk, on the A14 between Ipswich (11 miles to the south east) and Bury St Edmunds (15 miles to the north west). There is a direct train service to London (Liverpool Street), the station being within a short walking distance.
The property is located on Ipswich Street which forms part of the main retail pitch. Nearby occupiers include Domino's, Greggs, QD Stores and Boots Pharmacy.
Description
The premises comprise a mid-terrace self-contained ground floor retail unit. The unit provides a regular shaped retail area to the front with ancillary accommodation including stores, kitchen and WC to the rear.
The retail area is fitted with a suspended ceiling incorporating fluorescent lighting & air-conditioning and laminate floor coverings.
Accommodation
The premises provide the following approximate net internal floor areas:
Retail Area 1,368 sq ft ( 127.14 sq m)
Store 1 139 sq ft ( 12.88 sq m)
Office 33 sq ft ( 3.02 sq m)
Kitchen 76 sq ft ( 7.08 sq m)
Store 2 79 sq ft ( 7.38 sq m)
Total Net Internal Floor Area 1,695 sq ft ( 157.51 sq m)
Services
We understand that the premises are connected to mains, electricity, water and drainage.
We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capability of all those serving the property, including IT and telecommunication links.
Planning
The property has previously been used as a shop within Class E (a) (Display or retail sale of goods) of the Town & County Planning (Use Classes) Order 1987 (as amended).
Class E allows for a variety of uses including restaurant, sports and recreation, medical and health services, creche and day nursery, offices and research & developments, all of which may suit the premises. All interested parties should make their own enquiries with the local planning authority regarding their intended use.
Business Rates
The premises are currently assessed as follows:
Rateable Value: £25,250
Rates Payable (2023/24): £12,599.75 per annum
The rates payable are based on the current UBR of £0.499. All interested parties should make their own enquiries with Ipswich Borough Council to verify their rates liability.
Local Authority
Babergh and Mid Suffolk District Council
Endeavour House
8 Russell Road
Ipswich IP1 2BX
Tel: 0300 1234000
Terms
The premises are available on a new business lease upon terms to be agreed, at an initial rent of £22,500 per annum exclusive.
VAT position to be confirmed.
Service Charge
A service charge is payable in relation to the maintenance of the exterior and structure of the building, further details available upon request.
Legal Costs
Each party is to be responsible for their own costs.
Features
- Class E premises available to let
- Excellent location on Ipswich Street within the principal trading location
- Self-contained ground floor unit
- Net internal floor area 1,695 sq ft (157 sq m)
- Nearby occupiers include Domino's, Greggs, QD Stores and Boots Pharmacy
- Rent £22,500 per annum exclusive
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8 Ipswich Street, Stowmarket, East Of England, IP14
Stowmarket is a busy market town located within central Suffolk, on the A14 between Ipswich (11 miles to the south east) and Bury St Edmunds (15 miles to the north west). There is a direct train service to London (Liverpool Street), the station being within a short walking distance.
The property is located on Ipswich Street which forms part of the main retail pitch. Nearby occupiers include Domino's, Greggs, QD Stores and Boots Pharmacy.
Description
The premises comprise a mid-terrace self-contained ground floor retail unit. The unit provides a regular shaped retail area to the front with ancillary accommodation including stores, kitchen and WC to the rear.
The retail area is fitted with a suspended ceiling incorporating fluorescent lighting & air-conditioning and laminate floor coverings.
Accommodation
The premises provide the following approximate net internal floor areas:
Retail Area 1,368 sq ft ( 127.14 sq m)
Store 1 139 sq ft ( 12.88 sq m)
Office 33 sq ft ( 3.02 sq m)
Kitchen 76 sq ft ( 7.08 sq m)
Store 2 79 sq ft ( 7.38 sq m)
Total Net Internal Floor Area 1,695 sq ft ( 157.51 sq m)
Services
We understand that the premises are connected to mains, electricity, water and drainage.
We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capability of all those serving the property, including IT and telecommunication links.
Planning
The property has previously been used as a shop within Class E (a) (Display or retail sale of goods) of the Town & County Planning (Use Classes) Order 1987 (as amended).
Class E allows for a variety of uses including restaurant, sports and recreation, medical and health services, creche and day nursery, offices and research & developments, all of which may suit the premises. All interested parties should make their own enquiries with the local planning authority regarding their intended use.
Business Rates
The premises are currently assessed as follows:
Rateable Value: £25,250
Rates Payable (2023/24): £12,599.75 per annum
The rates payable are based on the current UBR of £0.499. All interested parties should make their own enquiries with Ipswich Borough Council to verify their rates liability.
Local Authority
Babergh and Mid Suffolk District Council
Endeavour House
8 Russell Road
Ipswich IP1 2BX
Tel: 0300 1234000
Terms
The premises are available on a new business lease upon terms to be agreed, at an initial rent of £22,500 per annum exclusive.
VAT position to be confirmed.
Service Charge
A service charge is payable in relation to the maintenance of the exterior and structure of the building, further details available upon request.
Legal Costs
Each party is to be responsible for their own costs.