Large Town Centre Retail Property with Upper Floors in Sudbury.

Large Town Centre Retail Property with Upper Floors in Sudbury.

  • Substantial building overlooking market place.
  • Ground floor retail area 4,158 sq. ft. (386.3 sq. m).
  • Ancillary accommodation in basement, first floors and off rear car park 2,500 sq. ft. (232.2 sq. m).
  • Large rear car park.
  • Total net floor area 6,658 sq. ft. (618.6 sq. m).

TO LET AT ATTRACTIVE RENT

Property Location

22, KING STREET,
SUDBURY CO10 2EQ
Property Specification
Location

The premises are located in a prominent trading location, on the southern side of Market Hill, in the centre of Sudbury. It is 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 large hinterland.

Description

The property comprises a substantial Grade ll listed period building, of brick with rendered elevations onto King Street/Market Hill, under a pitched slated roof. To the rear and detached from the main property is a two-storey building, and a large car park, accessed from Hamilton Road. On the ground floor are display windows onto King Street/Market Hill, and the retail accommodation is split level, with steps down leading to a further retail showroom. There are steps up to the first floor from both the front and rear retail areas, where there is further retail accommodation, again split level. To the rear of the first floor are toilets, and there is a small basement.

Accommodation

The total net floor areas are as follows:

Ground Floor          Retail  4,158 sq. ft.

First Floor               Retail   1,526 sq. ft.

Cellar                       Storage  260 sq. ft.

Two-storey Store                714 sq. ft.

Total Net Floor Area  6,658 SQ. FT. (618.6 SQ. M)


Planning


the property lies within a Principal Shopping Area, on the northern edge of a Redevelopment Area and within a Conservation Area. there are prospects for a conversion of the upper floors to residential use, subject to formal planning consent.


Tenure


The property is offered to let on a new lease ideally for 3 or 5 years, under full repairing and insuring terms, at a rent of just £40,000 per annum, exclusive of VAT, rates and all outgoings. Alternatively, the landlords may be prepared to consider a sale of their freehold interest.


Rateable Value


Under the 2017 Rating List, the main shop is listed as Shop and Premises with a rateable value of £62,000 and the two-storey building as Store and Premises with a rateable value of £2,500.


Energy Performance Certificate


The property has an EPC rating of C - 59.


Viewing


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 (jon@mrallp.co.uk ).

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Get in touch

Email enquiries@mrallp.co.uk
Telephone 01206 505707

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