Retail premises to let in 33 Westgate Street, Ipswich, Suffolk IP1

Situation

The property occupies a prominent corner location on the junction of Westgate Street, Museum Street and High Street, and benefits from high pedestrian footfall. The property is opposite Marks & Spencer. Other nearby occupiers include Primark, Clarks, W H Smith, Caffè Nero and Starbucks, amongst others.

Description

This attractive Grade II Listed property is a former fashion store in Ipswich town centre, which is arranged over ground, first and second floors, with a number of small rooms and open plan areas, plus WC facilities. Could be combined with adjoining premises at 29-31 Westgate Street.

The landlord would consider installing a lift to connect the ground and first floors of the property, if required.

Accommodation (all areas are approximate)
Basement:
Ground Floor Sales: 161.00 sq m / 1,740 sq ft
First Floor Ancillary: 173.20 sq m / 1,864 sq ft
Second Floor Ancillary: 124.90 sq m / 1,344 sq ft
WCs on First Floor
Total Floor Area: 538.40 sq m / 5,795 sq ft

Planning

Formerly a fashion store, in accordance with the new planning class E, the property has potential for a wide variety of commercial uses.

Energy performance certificate

The property has a D rating. A full copy of the EPC is available upon request.

Legal costs

Each party to bear responsibility for their own legal costs incurred in this transaction.

Business rates

The premises have a rateable value of £45,250.

Services & service charge

We understand that mains electricity and water are connected. Service charge to be confirmed.

Terms & tenure

The premises are available to let on a new lease, for a term of years to be agreed, at a commencing rental of £35,000 per annum exclusive, plus VAT.

VAT

VAT is applicable.