town centre retail

About The Property

Key Features

• Net internal area of approximately 398 sq ft (36.94 sq m)
• Suitable for retail uses under class A1 or A2
• Attractive frontage to Risbygate Street
• 100% business rates relief for qualifying businesses
• Recently redecorated
• Town centre location, close to main retail areas and car parks

LOCATION

Bury St Edmunds is an attractive and affluent market town.  The town lies in West Suffolk, approximately 29 miles east of Cambridge, 29 miles west of Ipswich, 41 miles south of Norwich, and 77 miles north east of London.  The town is served by three junctions from the A14 which provide access to the east coast ports, The Midlands and the National motorway network.  There are regular rail services to Cambridge, London, Ipswich and Peterborough.

The property is located on Risbygate Street in the town centre and within close proximity of the Arc Shopping centre, Cattle Market and St Andrews car parks.

DESCRIPTION

The property comprises a ground floor retail unit with attractive frontage to Risbygate Street. The unit provides a timer framed shop front, main sales area and kitchenette and WC to the rear.

The recently redecorated unit provides spot lighting and plastered and emulsioned walls, giving a light and open retail space

ACCOMMODATION

The suite has been measured in accordance with the RICS Property Measurement Standards and provides the following floor area:

Ground floor sales -     398 sq ft           36.94 sq m

RENT

£9,000 per annum plus VAT.

SERVICE CHARGE

The tenant will be required to pay a fair proportion towards the service charge for the building. Contact the agents for more information.

TERMS

A new lease on effectively full repairing and insuring terms.

PLANNING

The property has most recently been used for retail purposes and class A1 and A2 uses will be considered.

EPC

C-68. A full copy of the EPC is available from the letting agents on request.

VAT

VAT is payable on the rent, service charge and any other outgoings.

RATING

The property was included in the 2017 Ratings List under ‘retail and premises’ and has a rateable value of £6,300.

LEGAL COSTS

The ingoing tenant will be required to make a £350 + VAT contribution toward the Landlords cost of producing the lease.