- Substantial building overlooking market place.
- Main Retail Area 1,989 sq. ft. (184.8 sq. m) with ancillary accommodation to the rear of the ground floor.
- First floor sales with store room.
- Platform passenger lift.
- Total Net Floor Area 4,150 sq. ft. (385.5 sq. m).
TO LET OR FOR SALE
Property Location34/35, King Street,
Sudbury CO10 2EQ.
The premises are located in a prominent trading location, on the southern side of Market Hill, in the centre of Sudbury. If it within walking distance of the town's bus station and town centre car parks, and surrounded by national and local retailers. Sudbury is an expanding market town with a population of around 22,000, which serves a much larger hinterland. the town is situated some 12 miles from both Bury St Edmunds and Colchester, on the A134 road. There is a railway station with services connecting with the mainline to London (Liverpool Street) at Marks Tey.
The property comprises a substantial, modern building with brisk and rendered facade incorporating columns onto King Street, with an open plan sales area on the ground floor, with changing rooms, store, staff room and toilet to the rear, and a mezzanine/first floor with "platform" customer passenger lift. There is also a small basement.
To the rear of the building, is a small rear yard with pedestrian access from Hamilton Road. The main retail areas benefit from air conditioning.
The total net floor areas are as follows:
Ground Floor Retail 1,989 sq. ft.
Changing Rooms 162 sq. ft.
Store Room 37 sq. ft. around top of stairs to cellar.
Staff Room 80 sq. ft.
Cellar Storage 333 sq. ft.
First Floor Retail Sales 1,348 sq. ft.
Store Room 201 sq. ft.
TOTAL NET FLOOR AREA 4,150 SQ. FT. (285.5 SQ. M).
The property lies within a Conservation Area and within a Principal Shopping Area, however immediately to the south lies a Redevelopment Area, centred on the bus station in Hamilton Road.
The property is offered to let on a new full repairing and insuring lease, for a term to be agreed, incorporating landlords' upward-only rent reviews every 5 years. The commencing rent is to be £60,000 per annum, exclusive of VAT, rates and all outgoings. Alternatively,. the landlords will consider a sale of their freehold interest, with vacant possession, and offers are invited in the order of £950,000.
Under the 2017 rating List, the property is listed as Shop and Premises, with a rateable value of £50,000.
Energy Performance Certificate
The property has an EPC rating of C- 55.
To arrange a viewing or for any further information on this property, please contact the sole agents, Jon Ablewhite of Morley Riches & Ablewhite on (01206) 505707 (email@example.com).