Description

** LET **

RETAIL SHOP AND FIRST FLOOR

OCCUPYING A BUSY LOCATION A FEW YARDS FROM

THE MARKET HILL

MODERN PURPOSE-BUILT UNIT

PART AIR CONDITIONED

SUITABLE FOR A VARIETY OF USES

NET SALES AREA 670 SQ FT

LOCATION

The premises occupy a busy trading location in the heart of the town centre in King Street which is the only vehicular route into the Market Hill, the town’s prime retail area.  Nearby occupiers include Santander, Bairstow Eves, Premier Travel and a variety of local independent eating establishments, retailers and estate agents.

Sudbury itself is a busy and expanding market town with a population of around 25,000 but which serves a much wider catchment area.  The town has seen considerable growth in recent years and development has begun on the long-awaited Chilton Woods development which will provide a further 1,000 new homes.  There are branch line train services from Sudbury to London via Marks Tey, taking around 70 minutes and Stansted Airport is about 40 minutes’ drive away.

DESCRIPTION

The property comprises one of a pair of purpose-built shop units dating from the 1970’s and built on the site of an earlier building which was destroyed by fire.  The property is constructed of cavity brickwork under a mainly pitched slate roof and there is a useful lean-to ancillary store at the rear.

The property, available due to relocation, has been recently refitted and upgraded. There is part air conditioning and modern fire system and further supplementary heating via modern electric radiators.

The ground floor has been partly sub-divided to provide a main general office/retail area with two meeting rooms off but could readily be reinstated to form a clear retail space, if required.

The property provides the following accommodation but please note that all dimensions and areas are approximate:

Net Frontage                                      15’5”

Internal Width                                  19’ narrowing at the rear to 16’5”

Overall Depth                                    39’6”

Net Sales Area                                   671 sq. ft.

Rear Storeroom                                 ‘L’ shaped 23’9” x 6’3” & 16’6” x 8’6”providing 288 sq. ft.

A concrete staircase leads to: –

First Floor

Stock/Staff Room                               16’2” x 11’9” providing 190 sq. ft.

Ladies & Gents Cloakroom                Each with WC.

Kitchenette                                         6’6” x 5’2” providing 52 sq. ft.

OUTSIDE                                            Garden to the rear.

SERVICES                                        Main water, electricity and drainage are connected.

RATES

Rateable Value                                  2022/2023 £14,250   2023/24 £10,750

Because the Rateable Value is less than £15,000 qualifying businesses would be entitled to an element of Small Business Rate Relief (25% in this instance).  A revaluation is due to take effect in 2023 where the premises has been reassessed with a RV of £10,750, therefore qualifying tenants will be entitled to 100% Small Business Rate Relief 

TERMS:  The property is available Freehold or To Let with Vacant Possession.

VAT:  The building is not elected for VAT purposes.

PRICE

Offers invited in the region of £265,000 for the Freehold 

or To Let as a whole £18,000 per annum exclusive.

VIEWING:  Strictly by prior appointment with the agent

Birchall Steel Consultant Surveyors, 01787 883888

King Street Sudbury 281022 TO LET.