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Retail property (high street) to rent

11 Thoroughfare, Ipswich, East Of England, IP1
Retail property (high street)
512 sq ft / 48 sq m
Added > 14 days

Features and description

  • Attractive two storey self contained shop
  • Excellent location in busy thoroughfare off the prime retail district
  • Ground floor retail unit with ancillary basement accommodation
  • Net internal floor area 512 sq ft (48 sq m)
  • Rent £10,750 per annum exclusive
  • Available for immediate occupation
The premises is arranged over ground and basement. The ground floor provides a sales/office area with the basement providing ancillary staff/storage accommodation including a kitchen. The tenant will have access to a shared WC.

The premises benefits from a glazed frontage and is fitted with heating/cooling and carpet floor coverings.

Accommodation
The property provides the following approximate net internal floor areas:

Ground Floor Sales 23.14 sq m (249 sq ft)
Basement 20.80 sq m (224 sq ft)
Store 3.60 sq m ( 39 sq ft)

Total 47.54 sq m (512 sq ft)

Services
We understand the property is connected to mains electricity, water and drainage.

We have not tested the services and all interested parties should rely upon their own enquiries with the relevant utility providers in connection with the availability and capacity of all those serving the property including IT and telecommunication links.

Business Rates
The property is assessed as follows:

Rateable Value: £8,600
Rates payable (2022/23): £4,291.40 per annum.

The rates are based on the UBR for the current year of 0.499p in the pound.

Small business rate relief may be available providing up to 100% relief. All interested parties should make their own enquiries with the local rating authority in order to verify their rates liability.

Local Authority
Ipswich Borough Council
Grafton House
15-17 Russell Road
Ipswich
Suffolk IP1 2DE

Telephone:[use Contact Agent Button]

Terms
The premises are available on a new full repairing and insuring business lease upon terms to be agreed at an initial rent of £10,750 per annum exclusive.

A service charge is payable with further details available upon request.

Legal Costs
Each party to be responsible for their own legal costs.

Property information from this agent

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About this agent

Fenn Wright - Ipswich Commercial
Fenn Wright - Ipswich Commercial
1 Buttermarket Ipswich, Suffolk IP1 1BA
01473 679564
Full profileProperty listings
Commercial Agency, Estate Agents and Letting Agents Our Ipswich office is home to our Suffolk Commercial agency team who specialise in the sale, letting and acquisition of commercial premises. The office is headed up by Alistair Mitchell MRICS, a Partner at Fenn Wright. The focus of this office is on the sale and letting of industrial, office and retail spaces across Suffolk and the provision of expert advice to support requests for formal valuations, rent reviews, strategic asset management and development decisions. Together with our commercial property valuation team, Fenn Wright offer unrivalled knowledge and exposure to the commercial property market within Ipswich and the surrounding area.
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