Syndicate Type: Geared
Asset Type: Retail
Property Address: 15 Abbeygate Street, Bury St Edmunds, IP33 1UN
Tenant: Savers Health & Beauty Ltd
Lease Expiry: 27/01/2017
Passing rent: £49,900
p.The town of Bury St Edmunds is located approximately 32 miles east of Cambridge and 28 miles west of Ipswich on the A14. The town has a resident population of 36,218 (2001 census) with a population within a 10 mile radius of approximately 85,000.
The property is situated on Abbeygate Street, a pedestrianised shopping street at the junction with High Baxter Street to the eastern edge of the town’s prime retail area. Occupiers in the vicinity include Country Casuals,Coral Bookmakers, Café Nero, Pizza Express, Scrivens Opticians, Bakers Oven and Barclays Bank.
The subject property comprises a ground floor retail unit with basement stores forming part of a four-storey building. There is a covered passageway to the south east elevation which provides direct pedestrian access from the High Street to the rear service yard (together with access to the upper floor flats).