The property comprises a ground floor and first floor lock up shop. Benefiting from good decorative order. The property is at present operating as a hair salon on the ground and first floor accommodation.
Location
Ipswich is the administrative and county town of Suffolk with a resident population of 130,000 and a retail catchment population of approximately 300,000. The town lies on the River Orwell, approximately 70 miles north east of central London, 55 miles south east of Cambridge, 43 miles south of Norwich, and 18 miles north east of Colchester. Major roads in the area include the A12, which provides dual carriageway access to the A14, providing a principal link from the Port of Felixstowe (9 miles to the south east) to the East Midlands.
Situation - The premises are situated on Fore Street close to Suffolk College, University Campus Suffolk and the Waterfront area. Fore Street is on the one way system, and is one of the main routes into the town centre.
Accommodation
Shop Area - 24.74 sq m 266 sq ft
First Floor Salon - 24.06 sq m 259 sq ft
Total Floor Area - 48.80 sq m 525 sq ft
Terms
Planning - We understand that the property currently has A1 retail consent, however all interested parties should contact Ipswich Borough Council on 01473 432000.
Legal Costs - The ingoing tenant to be responsible for both parties legal costs.
Business Rates - Rateable Value 2010 £4,050 Estimated Rates Payable £1,944
We would recommend that all interested parties contact Ipswich Borough Council on 01473 433851.
Services - We understand that all mains services are available, however we would recommend that all interested parties check with the relevant statutory authorities as to the existence, adequacy or otherwise of these services for their own purposes.
Terms & Tenure - The premises are available to let by way of an assignment of an existing lease from 10th August 2013 for a term of 12 years with breaks every 4 years, at a rental of £625 per month (£7,500 per annum exclusive).
EPC - A copy of the EPC has been requested and should be available shortly.
Vat - To be advised. All rents, prices and premiums are stated exclusive of VAT under the Finance Act 1989.
Specification
- Town Centre Location
- High vehicular passing trade and pedestrian footfall
- Prominent position
- Close to UCS and Waterfront
- To let by way of an assignment of an existing lease