10,305 sq ft (958 sq m) · 2019/3/27 · gross internal floor area from 2,690 sq ft - 10,305 sq ft...
TRANSCRIPT
10,305 SQ FT (958 SQ M)
✓ Gross Internal floor area from 2,690 sq
ft - 10,305 sq ft (250 sq m – 957 sq m)
✓ Potential for three units, to be
let separately or as a whole
✓ 173 parking spaces plus further
staff parking to the rear of the units
✓ Nearby occupiers include Glasswells, Aldi,
Asda, The Range, B & M (proposed) and Magnet ✓ Situated approximately 1 mile west
of Bury St Edmunds town centre
✓ Adjacent to Glasswells World of
Furniture – one of the largest out-of-
town retail units in East Anglia
food retail will be applied for by the landlord in conjunction with a suitable applicant.
TERMS
To be agreed.
SPECIFICATION & RENT To be agreed.
VAT
The property is elected for VAT and therefore VAT is chargeable on the purchase price.
RATING
The units have not been separately assessed for rates. The tenant will be responsible for
the payment of rates upon occupation.
ENERGY PERFORMANCE CERTIFICATE
To be provided.
SERVICES & SERVICE CHARGE
To be confirmed.
LEGAL COSTS
Each party to be responsible for their own legal costs incurred in this transaction. The
ingoing tenant will be required to provide an undertaking to pay the landlords abortive
legal costs should they not proceed once solicitors are instructed.
LOCAL AUTHORITY
St Edmundsbury Borough Council, West Suffolk House, Western Way, Bury St Edmunds,
IP33 3YU
VIEWING & FURTHER INFORMATION
For viewings and further information please contact the sole letting agents Hazells
Chartered Surveyors on 01284 702626. Or email the following:
Richard Pyatt MRICS: [email protected]
Jonathan Lloyd MRICS: [email protected]
LOCATION
The units are to form part of the Glasswells Retail Park, situated at the junction of
Newmarket Road and Dettingen Way, approximately 1 mile west of Bury St Edmunds
Town Centre. Newmarket Road is one of the main arterial routes into Bury St Edmunds
from its junction with the A14. Nearby occupiers include Glasswells, Asda, Aldi, The
Range, B & M (proposed), Vindis Skoda, Magnet, Desira Fiat and Kwik Fit.
Bury St Edmunds is a sub-regional shopping destination with a population of 40,660
(2011) people and a catchment population of 1,400,000 people within an hour’s drive.
Over the last ten years major new shopping facilities have been implemented in Bury St
Edmunds, both within and outside the town centre. Asda foodstore and the Arc
shopping centre opened in 2009 which have had a positive impact on the shopping
performance of Bury St Edmunds.
DESCRIPTION
Glasswells currently occupy a large modern retail warehouse with ancillary warehouse
and storage bays. It is proposed to convert these ancillary bays to form retail
warehouse units with contiguous frontages alongside the entrance into the main store.
The eaves height of 26 ft will allow for mezzanine sales or storage floors if required. The
on-site communal car park provides a total of 173 car parking spaces plus further staff
parking to the rear of the units.
Expressions of interest are being sought from retailers for units that can be let
individually or as a whole, to a specification to be agreed.
ACCOMMODATION
It is proposed to provide the following Gross Internal floor areas:
Unit 1 4,625 sq ft (430 sq m)
Unit 2 2,690 sq ft (250 sq m)
Unit 3 2,990 sq ft (278 sq m)
Total 10,305 sq ft (958 sq m)
PLANNING
The majority of the available floor space is currently being used as a carpet store and
ancillary areas associated with the main Glasswells use. Planning consent for A1 non-
Viewings strictly by appointment only with Hazells.
For identification purposes only. Not to scale.
