- 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 Location22, 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. 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.
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.
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)
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.
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.
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.
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 (firstname.lastname@example.org ).