RETAIL TO LET Cambridge
01223 467155
38-40 Mill Road, Cambridge, CB1 2AD Size: 624 sq ft
Rent £15,500 pa •
Ground floor retail unit with A1 planning consent
•
Capital contribution required for new dividing wall
•
Rear access for loading
•
•
City end of Mill Road
Immediately available on a new FRI lease
Voted by the Estates Gazette ‘Most Active Regional Agent in Cambridgeshire 2012, 2013, 2014, 2015’
Bury St Edmunds
●
Cambridge
●
Huntingdon
●
Peterborough
LOCATION
BUSINESS RATES
Mill Road is a thriving main arterial route into the south of Cambridge city centre connecting the ring road with the A1134 and the city's south eastern outskirts. The property is located towards the highly sought after western end close to the junctions of Mackenzie Road and Covent Garden.
The property will need to be reassessed for Business Rates purposes.
DESCRIPTION
RENT
The property comprises just under half of an existing retail unit currently occupied by Subway. A capital contribution of £15,000 plus VAT will be required from an incoming tenant towards the new dividing wall. The shop will have a width of approximately 4.0m and extend to 13.7m deep. The property benefits from loading access via Covent Garden.
£15,500 per annum, exclusive of VAT, insurance and all other outgoings.
VAT
FLOOR AREA
Each party to bear their own legal costs.
Total Net Internal Area: 57.93 sq m (624 sq ft)
EPC
All measurements above are approximate.
The Energy Performance Certificate is available upon request.
LEASE TERMS The premises are immediately available on a new full repairing and insuring lease for a term by negotiation.
We understand that VAT will be charged on the rent.
LEGAL COSTS
SERVICES
VIEWING
Mains drainage, gas, electricity and water are available to the premises. Interested parties are however advised to make their own enquiries of the relevant service providers. No warranty can be given in respect of the condition or working order of services, fixtures and fittings.
Strictly by appointment with the sole agents:-
Barker Storey Matthews Pound Hill House, Pound Hill, Cambridge CB3 0AE
SERVICE CHARGE
Contact:
A service charge is levied for the upkeep and maintenance of the building as a whole. Further details available from the marketing agents.
Laurence Gercke
[email protected] (01223) 467155
PLANNING We understand the property has planning for retail within Class A1, as defined in The Town and Country Planning (Use Classes) Order 1987. The property is not suitable for change of use to A3 or A5. Interested parties should satisfy themselves as to the suitability of the current planning consent for their proposed use of the premises by contacting Cambridge City Council.
LG/6338 161104
Note: Barker Storey Matthews is the trading name of BSMH Ltd. Reg No. 2566342. These particulars do not constitute or form any part of an offer or contract nor may they be regarded as representations. All interested parties must themselves verify their accuracy. All measurements are approximate. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. NIA Refers to Net Internal Area. Where appropriate or stated IPMS 3 relates to the International Property Measurement Standards 1st Edition. A definition can be found at: www.ipmsc.org/standards/office
Bury St Edmunds
●
Cambridge
●
Huntingdon
●
Peterborough
ORDNANCE SURVEY PLAN THIS PLAN IS REPRODUCED FROM THE ORDNANCE SURVEY MAP WITH THE PERMISSION OF THE CONTROLLER OF HER MAJESTY’S STATIONERY OFFICE, © CROWN COPYRIGHT RESERVED. THIS PLAN IS PUBLISHED FOR IDENTIFICATION PURPOSES ONLY AND ALTHOUGH BELIEVED TO BE CORRECT, ITS ACCURACY IS NOT GUARANTEED AND IT DOES NOT FORM PART OF ANY CONTRACT. LICENCE NO. 100003928