ReturnButtermarket, Ipswich, Suffolk
A substantial and prominent retail premises, close to the Buttermarket.
A ground and extensive first floor retail sales premises with substantial gross frontage of 68 sq ft and 21 ft return frontage, extending to 2,876 sq ft (267 sqm) in all (excluding basement) and comprising ground floor sales, first floor sales, staff room, changing room, office, second floor store and basement.
Sub-division could be possible.
Available on a new lease on terms to be agreed.
Location
The subject property comprises a well located period shop within the pedestrianised section of The Buttermarket in the heart of Ipswich Town Centre. The property has a substantial frontage of around 68 ft and is opposite Sharps Furniture, close to Joules and Pattiserie Valerie. The property is almost opposite the former BHS which has recently been refurbished and will be re-opening as Sports Direct shortly.
Directions
For those using the What3Words app: ///oasis.proof.cared
Description
The property comprises a substantial shop with large first floor retail sales area and is arranged on lower ground, ground and two upper floors. The property previously traded as Edinburgh Woollen Mill for many years and has full lighting, air conditioning and full fire and security systems.
The Accommodation
The Accommodation extends to around 2876 sq ft (267.51 sqm) as follows
Description Sq Ft Sqm
Basement 490 45.57
Ground Floor Sales 1,000 93
Storage Cupboard 12.5 1.16
First Floor Sales 964 89.65
Staff Room 90 8.37
Changing Room 26 2.42
Office 44 4.09
Second Floor Store 250 23.25
TOTAL 2,876 267.51
Services The property is served by the mains services of water, electricity and drainage.
Planning
The property is Grade II Listed and has full Class A1 Retail Use on both ground and first floors.
Business Rates
The property is assessed as Shop & Premises; Rateable value £48,000 in the currently rating list. Further information from Ipswich Borough Council.
Local Authority
Ipswich Borough Council; Grafton House, 15-17 Russell Road, Ipswich IP1 2DE; Tel: 01473 432000
Terms
The property is offered to let on a new full repairing and insuring lease for a term to be negotiated. Guide Rental £40,000 PAX. Further terms upon application.
Legal Costs
Each party to be responsible for their own legal costs incurred in any transaction. A legal fee deposit may be required.
Viewing
Strictly by prior appointment with the agent.
EPC
Rating = E (111)
NOTES
1. Every care has been taken with the preparation of these particulars, but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain confirmation. Alternatively, we will be pleased to check the information for you. These Particulars do not constitute a contract or part of a contract. All measurements quoted are approximate. The Fixtures, Fittings & Appliances have not been tested and therefore no guarantee can be given that they are in working order. Photographs are reproduced for general information and it cannot be inferred that any item shown is included. No guarantee can be given that any planning permission or listed building consent or building regulations have been applied for or approved. The agents have not been made aware of any covenants or restrictions that may impact the property, unless stated otherwise. Any site plans used in the particulars are indicative only and buyers should rely on the Land Registry/transfer plan.
2. The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 require all Estate Agents to obtain sellers’ and buyers’ identity.
March 2023