Retail premises for sale in Stowmarket IP14

Key Points

Description

The property comprises a former bank premises arranged over ground, first and second floors. The property benefits from good frontage to Stowmarket’s Market Place and busy town centre. The ground floor comprises main sales area, offices, kitchen and WCs. The first and second floors are mostly carpeted, have timber framed sash windows and can be accessed via a separate side entrance. The property has heating throughout and the ground floor has air conditioning units.

Location

Stowmarket is situated approximately 12 miles north west of Ipswich and 14 miles South East of Bury St. Edmunds and occupies a strategic location in the centre of the county of Suffolk on the A14 which links the Midlands and the north to the Euro-Port of Felixstowe. The Town is also served by the main Norwich to London rail link. Stowmarket has a population of approximately 19,000 and there are currently extensive housing developments within the town and a large rural catchment. There is a new business park, Gateway 14, being developed on the town's outskirts which has recently announced a first occupier of The Range for a 1.2 million sq ft distribution warehouse.

The premises is prominently located fronting Market Place with a mix of national, regional and local occupiers nearby. The property sits on a busy pedestrian link between the prime retail area and a modern retail parade anchored by asda and smaller retailers including Costa.

Terms

The property is available freehold with vacant possession, subject to five car parking licences producing £240 per annum each.

Availability_Text

The accommodation comprises the following areas:

Rear Car Park

Comprising five parking spaces let on licences at £240 per annum for each space.