30-31 Cornhill, Bury St Edmunds, IP33 1DY
LOCATION
Bury St Edmunds is a thriving historic Suffolk market town located approximately 29 miles east of Cambridge and 42 miles south of Norwich. The town enjoys good road communications being situated on the A14 providing access via the M6 to the Midlands and direct access to the East Coast ports.
The property is in a prime town centre location adjacent to Greggs and H Samuel, opposite Edmundo Lounge and close to numerous multiple retailers including Sports Direct, Caffé Nero, Boots Opticians, 3 Store, Mountain Warehouse and Superdrug.
ACCOMMODATION
The property provides excellent accommodation on ground, and first floors with the following approximate areas:-
| Net Frontage | 42’6 | 12.95 m |
| Shop Depth | 67’ | 20.42 m |
| Ground Floor: | ||
| Sales | 1,900 sq ft | 176.51 sq m |
| First Floor: | ||
| Store | 1,100 sq ft | 102.19 sq m |
TENURE
The property is offered by way of a new full repairing and insuring lease, for a length of term to be agreed, at a rental of £75,000 pax, subject to 5 yearly upward only rent reviews.
RATEABLE VALUE
We understand from the Valuation Office Agency website that the property has a current rating assessment of £52,000 with effect from 1 April 2023. Interested parties are advised to make their own enquiries.
ENERGY PERFORMANCE CERTIFICATE
The property has an EPC rating of E. Further details are available upon request.
PLANNING
The property has recently been used as a café/restaurant and has the benefit of Class E planning consent.
LEGAL COSTS
Each party to be responsible for their own legal costs incurred in the transaction.
Plans
Francis Darrah for themselves and as Agents for the proposed Vendor(s) or Lessor(s) give notice: 1. That they do not make or give either in these particulars or in negotiations or otherwise any warranty or representation whatever in relation to the property. 2. Any plan attached to these particulars is for identification purposes only and all measurements are given as a guide and no liability can be accepted for errors arising therefrom. 3. The property being open to inspection any intended purchaser must satisfy himself as to the accuracy of these particulars and he will be deemed to have full knowledge thereof. 4. No liability can be accepted for any misstatement, omission or errors in these particulars. 5. These particulars do not constitute an offer or Contract or any part thereof.