1-5 Sizewell Rd 5,558 SF Retail Building Leiston IP16 4AU $483,266 ($86.95/SF)

The property comprises purpose built, two storey retail premises incorporating a wide, recessed glazed frontage, with vehicular access to the side leading to an enclosed rear yard.

The ground floor comprises a large open plan retail area, with ancillary stores and offices situated to the rear. A roller shutter door to the side provides access to the yard for deliveries, together with a goods lift and stairs serving the first floor. The main first floor provides further open plan retail space, together with ancillary store, kitchen and WC facilities. An additional first floor store is accessed via another flight of stairs to the rear of the building.

ACCOMMODATION

[Approximate Net Internal Floor Areas]

Ground Floor: 2,915 sq. ft. (270.78 sq. m.)
First Floor: 2,242 sq. ft. (208.26 sq. m.)
Additional First Floor: 401 sq. ft. ( 37.23 sq. m.)
Total NIA: 5,558 sq. ft. (516.27 sq. m.)

DEVELOPMENT OPPORTUNITY

The property is considered to have potential for conversion in whole or in part for alternative uses, subject to planning. All interested parties should make their own enquiries with the local planning authority.

SERVICES

It is understood the property is connected to mains electricity, gas, water and drainage and the premises are heated by a Reznor gas-fired warm air blower system.

We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility companies in connection with the availability and capacity of all those serving the property including IT and telecommunications.

LOCAL AUTHORITY

East Suffolk Council
East Suffolk House
Station Rd
Melton
Woodbridge
IP12 1RT
Telephone:[use Contact Agent Button]

ENERGY PERFORMANCE CERTIFICATE [EPC]

EPC Rating E (120) - valid until November 2035.

BUSINESS RATES

The property is assessed as follows:

Rateable Value £16,500
Rates Payable (2026/2027) £6,303 per annum

The rates payable are based on the current UBR of £0.382. All interested parties should make their own enquiries with the Local Authority in order to verify their rating liability.

TERMS

Offers are invited in the region of £355,500 for the freehold interest with vacant possession upon completion.

It is believed the property is VAT exempt, although formal confirmation is awaited.