Retail premises to let in 40 Lloyds Avenue, Ipswich, Suffolk IP1

Situation
The premises are situated on Lloyds Avenue, a main through route between the Tower Ramparts bus station and the Cornhill/Town Square. The Cornhill has undergone substantial public realm works and now hosts numerous major banks, as well as leisure operators such as The Botanist, Mizu, and Mannings bar. Retailers in the vicinity include Deichmann Shoes and Clintons Cards, with Primark, Marks and Spencers, and Sailmakers Shopping Centre a short walk away. The former Debenhams shares a frontage with Lloyds Avenue and the Ipswich Market takes place on the Cornhill four days a week.

Description
The property comprises a self-contained, mid-terraced retail unit, with an open plan sales area on the ground floor. A rear stair case leads to the basement, with WC facilities, a kitchenette, and storage. The premises have a wooden floor, LED lighting, air conditioning. The property benefits from rear loading.

There are public car parks nearby at both the Council-run Crown multi-storey car park and two privately-run pay and display car parks within a two-minute walk.

Accommodation (all areas are approximate):
Shop Frontage: 8.2 m / 26 ft
Shop Depth: 9.3 m / 30 ft
Ground Floor Sales: 60.57 sq m / 652 sq ft
Basement: 20.32 sq m / 219 sq ft
Total Floor Area: 80.89 sq m / 871 sq ft

Planning
The property currently has consent for Class E use. The property would suit other uses, subject to planning permission. All interested parties should contact Ipswich Borough Council.

Business Rates
Rateable Value £17,750.
We understand that the rates payable are likely to be approximately £8,850 per annum. All interested parties should contact Ipswich Borough Council.

Services & Service Charge
We understand that mains electricity and water are connected to the property. Nb: None of the services have been tested and it is the responsibility of the proposed purchaser/tenant to satisfy themselves as to their operation / condition including it an telecommunications links. A Service charge is payable and is to be confirmed.

Terms & Tenure
The premises are available to let on a new full repairing and insuring lease, for a term to be agreed, at a commencing rental of £10,000 per annum exclusive.

We understand that there may be a contribution towards the Ipswich Town Centre Business Improvement District. All interested parties are to make their own enquiries.

VAT

VAT is applicable.

EPC

An Energy Performance Certificate has been requested.