7 Buttermarket

Bury St Edmunds, IP33 1DB

Retail

Rent per annum £35,000

Floor Area 1,211 sq ft
Parking
Parking Main car parks nearby
Location
Location Town Centre
Tenure To Let

Key Information

Location Town Centre
Rateable Value £37,250
EPC C-54
Download Brochure

About The Property

Key Features

• Net Internal sales area of 1,211 sq ft (112.6 sq m)

• Total net internal area of 2,033 sq ft over ground, first, basement and second floors • Suitable for A1, A2 or A3 occupiers or alternative uses (subject to planning)

• Adjoining Seasalt Cornwall & O2 retail outlet

• Excellent town center location, between prime areas of Cornhill & Abbeygate Street

LOCATION

The property is situated in a prime location, the most popular retail street in the town centre between the prime shopping areas of Cornhill (leading to the Arc), and Abbeygate Street.

Buttermarket is characterised by a variety of local and national retailers including Marks & Spencer, O2, Goldsmiths, Seasalt Cornwall, Waterstones, Holland & Barrett, Claire’s and the Body Shop. Other nearby retailers include Cotswold, Boots, Jigsaw, Edinburgh Woollen Mill, Clinton Cards and Caffe Nero.

DESCRIPTION

The property comprises an attractive Grade II listed building providing sales accommodation over ground and first floors with ancillary use on the second floor and basement.

ACCOMMODATION

The property has been measured in accordance with the RICS Code of Measuring Practice providing the following Net Internal floor areas:

Ground Floor Sales        604 sq ft 56.1 sq m

First Floor Sales             607 sq ft 56.4 sq m

Second Floor Ancillary   562 sq ft 52.2 sq m

Basement                       260 sq ft 24.1 sq m

RENT

£35,000 per annum plus VAT.

SERVICES

The property is connected to mains electricity and water. No services have been tested.

TERMS

The property is available on a new lease on terms to be agreed.

EPC

C-54, A full copy of the EPC is available from the agents on request.

VAT

Although the property is not VAT elected, the landlord reserves the right to charge VAT in accordance with current legislation.

RATING

The property is included within the 2017 Rating List and has a description of ‘shop and premises’ with a Rateable Value of £37,250. For information on the current rates payable please contact Anglia Revenues Partnerships on 01284 757221.

LEGAL COSTS

Each party to be responsible for their own legal costs incurred in this transaction. The ingoing tenant will be required to provide an undertaking to pay the landlords abortive legal costs should they not proceed once solicitors are instructed.

Agents Responsible

Ella Forman

Graduate Surveyor – Commercial Property

01284 702626

Jonathan Lloyd MRICS

Director - Commerical Property

01284 702626

Richard Pyatt MRICS

Director – Commerical Property

01284 702626

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