St. Nicholas Street, Ipswich, Suffolk

A lock-up ground floor retail or office premises occupying a prominent position along the popular trading destination of St Nicholas Street and extending to approximately 495 sq ft (46 sqm) comprising a ground floor retailing area together with kitchen and basement.

Available on a new lease on terms to be agreed.

Location
The premises occupy a desirable central location along St Nicholas Street.  St Nicholas Street  and St Peters Street which adjoins, connects the town centre with the Dockside redevelopment area and has become a specialist retail street with bars and restaurants.  The street has been improved with hard landscaping and there is also a wide pavement in front.  There is a large car parking nearby.  Other occupiers within St Nicholas Street include a mixture of estate agents, mortgage brokers, hairdressers, cafes and restaurants, including Bar Twenty One, Kwan Thai and Trongs.    

Directions
For those using the What3Words app: ///cove.wishes.worker

Description
47 St Nicholas Street is a Listed and historic building linked with Cardinal Wolsey.  It was formerly used as a travel/health clinic and there is a residential flat above.  The premises may suit a number of uses, subject to planning.  The accommodation comprises a ground floor retail area, a kitchen and a basement.  The premises benefits from a large window frontage and has ground floor accommodation extending to approximately 775 sq ft (66 sqm).  In addition there is a basement.  The accommodation is as follows:

Description                 Sqm     Sq Ft
Ground Floor Sales    66         710
Kitchen                          6         65
Total                            72         775
Basement                   46        495

Terms
The premises is available to rent on a new internal repairing and insuring lease on terms to be agreed.
Guide rental £11,500 PAX plus VAT, subject to contract, plus a contribution towards insurance.  
Further terms upon application.

VAT
VAT is payable on the rent. 

Viewing
Strictly by appointment with the Agents.

Planning
The property has been formerly used for Class A1 and D1 uses (Now Classes E and F1).

Services
The property is served by all mains services with mains water, electricity, gas and drainage are connected.  There is full central heating from a Keston gas fired boiler.  There is a security alarm, glazed frontage to St Nicholas Street of 5.85 metres and glazed return frontage to Silent Street of 2.2 metres.

Local Authority
Ipswich Borough Council, Grafton House, 15 - 17 Russell Road, Ipswich, Suffolk IP1 2DE; Tel: .

Rateable Value
The property is assessed as Shop & Premises.  The Rateable Value is £6,600.  Qualifying occupiers may be eligible for small business rates relief which can reduce rates payable by up to 100% for certain properties with low rateable values.  Further information available from Ipswich Borough Council. 

Legal Costs
Each party to be responsible for their own legal costs incurred in any transaction.  A legal fee deposit may be required.

EPC
EPC = B (40)

NOTES
1.  Every care has been taken with the preparation of these particulars, but complete accuracy cannot be guaranteed.  If there is any point, which  is of particular importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you.  These Particulars do not constitute a contract or part of a contract.  All measurements quoted are approximate.  The Fixtures, Fittings & Appliances have not been tested and therefore no guarantee can be given that they are in working order.  Photographs are reproduced for general information and it cannot be inferred that any item shown is included.  No guarantee can be given that any planning permission or listed building consent or building regulations have been applied for or approved. The agents have not been made aware of any covenants or restrictions that may impact the property, unless stated otherwise.  Any site plans used in the particulars are indicative only and buyers should rely on the Land Registry/transfer plan. 

2. The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 require all Estate Agents to obtain sellers’ and buyers’ identity.
 
March 2022