50 BUTTERMARKET

LOCATION:
The subject property comprises a well located modern shop within the pedestrianised section of The Buttermarket within the heart of Ipswich Town Centre. The property has a frontage of around 5.5 metres and is close to Boots Opticians, Café Nero, Jessops, Oxfam, The Works and is close to a new, large refurbished unit occupied by British Heart Foundation.

ACCOMMODATION:
The property comprises a well arranged rectangular ground floor shop which previously traded as a national hairdressers with ground floor disabled W.C, basement storage and optional first and second floor accommodation above. The shop has full lighting, good quality ceramic floor tiling and modern shop front and is ready for immediate occupation.

The ground floor has a clear height of 2.32m and internal stairs lead to substantial upper parts which have previously been used for offices / administration but would suit a number of other uses, subject to planning if required. It may be possible to exclude the upper parts from any letting. The first and second floors are also heated with part suspended ceiling and recessed lighting and include male and female W.Cs and also a kitchen on the second floor. There is rear fire escape access leading to an exit on Upper Brook Street.

SERVICES:
The property is served by all mains services with mains water, electricity, drainage and a gas fired boiler on the second floor. (not currently operational.)

PLANNING:
The property has previously been used as Building Society Offices within Class A2 (Financial and Professional Services) although the last use was as a hairdresser which is Class A1 retail. All interested parties should contact Ipswich Borough Council regarding alternative uses.

BUSINESS RATES:
The property is assessed as Shop & Premises – RV £28,500 in the 2017 Rating List. Rates payable 2018/19 – £13,651.50. This assessment may be reduced if the upper parts are excluded from any letting.

TERMS:
The property is offered to let on a new full repairing and insuring lease for a term to be negotiated subject to 5 yearly, upwards only rent reviews. Rental £18,000 pax, further terms upon application. Rent free period may be available subject to status.

LEGAL COSTS: Each party to be responsible for their own legal costs incurred in any transaction. A legal fee deposit may be required.

EPC: D89

VIEWING: Strictly by prior appointment through Beane Wass & Box on Tel: 01473 212656 or E-Mail: enquiries@bw-b.co.uk

CONTACT: Richard Bertram or Julian Haywood Smith

SUBJECT TO CONTRACT