LOCATION
The premises are located within the Borehamgate Shopping Centre. The Borehamgate Shopping Centre adjoins the bus station and provides an important pedestrian link from that, the railway station and carparks adjacent to Roys and Waitrose with the prime shopping areas within the town. Other occupiers within the scheme include The Job Centre, the Post Office, the RSPCA and Premier Travel.

Sudbury itself is a busy and expanding market town with a population of around 25,000 (including Gt Cornard) but which serves a catchment population estimated at around 55,000. The town is situated some 14 miles south of Bury St Edmunds, 15 miles northwest of Colchester and some 23 miles from the county town of Ipswich. There are branch line train services from Sudbury to London’s Liverpool Street via Marks Tey taking approximately 70 minutes.

DESCRIPTION
The property comprises a newly refurbished ground floor lockup shop unit with rear loading alongside WC facilities. The facade is fully glazed and is accessed via a pedestrian door directly from the main pedestrianised, part covered courtyard area. The premises now benefit from new suspended ceilings and lighting, brand new air conditioning has been fitted, and the unit has been fully redecorated.

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

Shop Width 17’2” (5.25m)

Shop Depth 47’4” (14.45m) currently a removable partition exists.

Net Sales Area 812sq. ft. (75.49m²)

Rear Lobby Door providing rear loading.

Kitchenette and door to WC

SERVICES
All main services are connected.

TERMS
The premises are available on a new lease on effectively full repairing and insuring terms but for a term to be agreed.

The lease will exclude S24-26 of the Landlord and Tenants Act 1954.

RENT £12,500 per annum exclusive, plus VAT * INCENTIVES AVAILABLE * please contact us for further details

RENT DEPOSIT The tenant will be required to lodge a rent deposit equating to 3 months’ rent plus a sum equal to the vat on that amount.

OUTGOINGS
The rateable value is £10,750 (Multiplier for the current year is 38.2p in respect of retail, hospitality and leisure) Qualifying applicants would benefit from 100% small business rates relief.

VAT
The property is elected for VAT purposes, so VAT is chargeable on the rent and service charge.

SERVICE CHARGE
A service charge is levied in respect of the maintenance and management of the shopping centre. The budget for the current year is approximately £3,750 per annum.

OTHER
EPC
Energy Rating B. Certificate valid until 1st June 2035.

VIEWING
VIEWING By confirmed prior appointment with the agent: Birchall Steel Ltd – 01787 883888