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Retail Units & Shops

Suffolk

Ipswich

property

To Let

This property is part of an unsponsored shopping centres scheme and therefore has limited information. To find out the benefits on scheme sponsorship click here.

Unit 5 Buttermarket Shopping Centre Unit 5 Buttermarket Shopping Centre, Ipswich, IP1 1DT

Use Class

Size

3,756 sq ft

Rent pa

£60,000

Market Sector

Shopping Centre

Key Features

Centrally located.
Situated adjacent to main anchor.
Potential for short term occupation.

Description

ON THE INSTRUCTIONS OF BOOTS - LEASE ASSIGNMENT

Triple splay frontage unit all on ground floor with open sales area and rear storage/office/WC.

Location

Ipswich is a town in Suffolk, 66 miles north-east of London.

The Buttermarket Shopping Centre is a mixed-Use retail/leisure scheme with the ground and all of the first floor taken up by leisure occupiers including Empire, Superbowl, Pure Gym, Prezzo, Coast to Coast, Byron Burger, Wagamama and Cosy Club.

The subject premises are located within the Buttermarket Shopping Centre in Ipswich adjacent to TK Maxx and Holland & Barrett.

Key Information

Viewing

Strictly by appointment.

Accommodation

3,756 Sq.Ft

Areas

Sq.Ft

Sq.M

Ground Floor

2,812

261

First Floor Store

944

87.7

Downloads

Brochure

Unit 5 Buttermarket Shopping Centre, Ipswich - Brochure 2022-11-03-16-58-54

Financial

Lease Type

Existing Lease

Lease Term

The premises are held on a lease expiring 17 April 2027 at a passing rent of £60,000 per annum exclusive with the next rent review in April 2022 . There is a tenant break clause operable 19 April 2022.

Rent

Subject to contract, rental offers are invited in the region of £60000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Due to the pandemic there is ongoing Government support during 2022/23. The the VOA website shows a Rateable Value of £58,000. For rates payable from 1st April 2022 please refer to the Local Charging Authority, Ipswich Borough Council - 01473 432000.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Tenure

Leasehold

This Property is Part of a Shopping Centre

Buttermarket Centre

The Butter Market is one of Ipswich's principal shopping centres comprising 32 retail units and is fully enclosed trading over two levels. The centre is anchored by TJ Hughes, TK Maxx and New Look. Other national multiple retailers located within the scheme include Boots, Starbucks, Pilot, Julian Graves and The Sony Centre.

Jackson Criss

Disclamier

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.