Unit to Let in Prominent High Street Position

The property is arranged over ground and basement only. Tenure The premises are available by way of an assignment of the existing lease expiring 19 June 2027. There is a Tenant break option on 20 June 2022. Alternatively, the premises are available by way of a sub-lease until May 2022. Rent 7,250 per annum exclusive. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £11,750.00 and the rates payable are £5,640.00 pa. The UBR for 2018/2019 is 48.0p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
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Location Description

Saxmundham is a small market town in Suffolk, located approximately 21 miles north east of Ipswich and 24 miles south of Lowestoft. The subject unit occupies a prominent position on High Street, the primary retail pitch in the town.  There are 2 car spaces to the rear.  Nearby occupiers include HSBC, Tesco, and Waitrose.

Sizes and Measurements

Total Size

2,400sqft

Sales Area

2,400sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

2,400sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease End

19/06/2027

Next Lease Break

20/06/2022

Lease type

Assignment

For rent

£27,250/pa

UBR

48p

Ratable Value

£11,750.00

Business Rates

£5,640/pa

Specification

  • Prominent High Street position
  • Primary Retail pitch

Photos

HIGH ST_ SAXMUNDHAM

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