RETAIL UNIT TO LET Bury St Edmunds
01284 702655
www.b
35-36 Brentgovel Street, Bury St Edmunds, Suffolk, IP33 1EA Size: 390.33m2 (4,202ft2)
Rent: £50,000per annum
Prominent town centre A1 retail
High footfall location
Open plan ground and first floor accommodation with ancillary storage space
Corner location close to the Arc Shopping centre and Cornhill
Available on a new lease
Voted by the Estates Gazette ‘Most Active Regional Agent in Cambridgeshire 2012, 2013, 2014, 2015’
Bury St Edmunds
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Cambridge
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Huntingdon
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Peterborough
LOCATION
PLANNING
Bury St Edmunds is an affluent market town located in the heart of west Suffolk and benefits from a buoyant retail centre and tourist trade. Markets are held on Wednesdays and Saturdays and the town has a catchment shopping population of 251,000 people (source: Promis). The property is prominently located on the corner Brentgovel Street and St Andrews Street close to the Arc Shopping centre. The property is also just across the road from the Bus station and a 5 minute walk to the train station. Other nearby retailers include Hughes Electrical, Boots Opticians, Edmundo Cafe and Sports Direct.
We understand the property to have consent for A1 retail use however interested parties are advised to make their own enquiries of St Edmundsbury Borough Council as to the suitability of their proposed use.
BUSINESS RATES We understand from internet enquiries made from the VOA website that the property has a rateable value of £44,000 (2010 List). For the year commencing 1 April 2016 rates will normally be charged at 49.7p in the pound over £18,000 RV and 48.4p under £18,000 RV. However the amount may be affected by transitional adjustments or small business rates relief and could be higher or lower - interested parties are advised to check with the local Council.
DESCRIPTION The property is of brick built construction arranged over ground and first floor providing open plan retail accommodation on both floors. Ancillary storage and staff areas, kitchen and WCs are located on the first floor. The property is carpeted, has suspended ceilings with additional spotlighting, and glazed frontage on both Brentgovel and St Andrews Street. There are two retail counters, one on each floor. The property benefits from shared use of an off street loading area.
RENT The rent will be £50,000pa
VAT We understand that VAT will be charged on the rent.
LEGAL COSTS
FLOOR AREAS Ground Floor:
211.507sqm (2,277sqft)
First floor retail:
105.213sqm (1,133sqft)
First Floor ancillary: Total NIA: ITZA 113.672sq m
Each party to bear their own legal costs. The prospective tenant may be required to provide an undertaking as to abortive costs in advance.
VIEWING
73.608sq m (792sqft)
Strictly by appointment with the sole agents:-
390.328sqm (4,202sqft)
Barker Storey Matthews
(1,224 sqft)
Davies House, 4 Hillside Business Park, Kempson
All measurements above are approximate.
Way, Bury St Edmunds, Suffolk, IP32 7EA
SERVICES Mains electricity and water are available to the premises. Interested parties are however advised to make their own enquiries of the relevant service providers. No warranty can be given in respect of the condition or working order of services, fixtures and fittings.
Simon Burton
Contact:
[email protected] Steven Mudd
[email protected] (01284) 702655
4729/160330
Note: Barker Storey Matthews is the trading name of BSMH Ltd. Reg No. 2566342. These particulars do not constitute or form any part of an offer or contract nor may they be regarded as representations. All interested parties must themselves verify their accuracy. All measurements are approximate. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. NIA Refers to Net Internal Area. Where appropriate or stated IPMS 3 relates to the International Property Measurement Standards 1st Edition. A definition can be found at: www.ipmsc.org/standards/office
Bury St Edmunds
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Cambridge
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Huntingdon
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Peterborough
ORDNANCE SURVEY PLAN THIS PLAN IS REPRODUCED FROM THE ORDNANCE SURVEY MAP WITH THE PERMISSION OF THE CONTROLLER OF HER MAJESTY’S STATIONERY OFFICE, © CROWN COPYRIGHT RESERVED. THIS PLAN IS PUBLISHED FOR IDENTIFICATION PURPOSES ONLY AND ALTHOUGH BELIEVED TO BE CORRECT, ITS ACCURACY IS NOT GUARANTEED AND IT DOES NOT FORM PART OF ANY CONTRACT. LICENCE NO. 100003928