38-40 Mill Road, Cambridge.pub - Realla
RETAIL TO LET Cambridge
01223 467155
38-40 Mill Road, Cambridge, CB1 2AD Size: 1,171 sq ft
Rent: £25,000 pa •
•
Ground floor retail unit with A1 planning consent Rear access for loading
•
City end of Mill Road
•
Assignment of existing lease
•
Premium offers sought
Voted by the Estates Gazette ‘Most Active Regional Agent in Cambridgeshire 2012, 2013, 2014, 2015’
Bury St Edmunds
●
Cambridge
●
Huntingdon
●
Peterborough
For the year commencing 1 April 2016 rates will normally be charged at 49.7p in the pound over £18,000 RV / 48.4p under £18,000 RV. However the amount may be affected by transitional adjustments or small business rates relief and could be higher or lower - interested parties are advised to check with Cambridge City Council.
LOCATION 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.
LEASE TERMS
DESCRIPTION The property comprises a ground floor retail unit offering open plan sales accommodation with storage, staff room and office facilities to the rear. The property benefits from excellent frontage onto Mill Road and loading access via Covent Garden.
The premises are available by assignment of the existing lease expiring 22nd September 2025. The lease includes a Tenant break on the 23rd September 2020. The lease is also subject to an upwards only rent review on the 23rd September 2020. Alternatively a new lease may be available by agreement.
FLOOR AREA
RENT
Total Net Internal Area: 108.75 sq m (1,171 sq ft) All measurements above are approximate.
£25,000 per annum, exclusive of VAT, insurance and all other outgoings.
SERVICES
PREMIUM
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.
Premium offers are sought for the fixtures and fittings.
VAT We understand that VAT will be charged on the rent.
LEGAL COSTS
SERVICE CHARGE
Each party to bear their own legal costs.
A service charge is levied for the upkeep and maintenance of the building as a whole. Further details available from the marketing agents.
VIEWING Strictly by appointment with the sole agents:-
Barker Storey Matthews
PLANNING
Pound Hill House, Pound Hill, Cambridge CB3 0AE
We understand the property has planning for retail within Class A1, as defined in The Town and Country Planning (Use Classes) Order 1987. 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.
Contact: Laurence Gercke [email protected]
BUSINESS RATES
(01223) 467155
We understand from internet enquiries made from the VOA website that the property has a rateable value of £23,500 (2010 List).
LG/6338 161205
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
01223 467155
38-40 Mill Road, Cambridge, CB1 2AD Size: 1,171 sq ft
Rent: £25,000 pa •
•
Ground floor retail unit with A1 planning consent Rear access for loading
•
City end of Mill Road
•
Assignment of existing lease
•
Premium offers sought
Voted by the Estates Gazette ‘Most Active Regional Agent in Cambridgeshire 2012, 2013, 2014, 2015’
Bury St Edmunds
●
Cambridge
●
Huntingdon
●
Peterborough
For the year commencing 1 April 2016 rates will normally be charged at 49.7p in the pound over £18,000 RV / 48.4p under £18,000 RV. However the amount may be affected by transitional adjustments or small business rates relief and could be higher or lower - interested parties are advised to check with Cambridge City Council.
LOCATION 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.
LEASE TERMS
DESCRIPTION The property comprises a ground floor retail unit offering open plan sales accommodation with storage, staff room and office facilities to the rear. The property benefits from excellent frontage onto Mill Road and loading access via Covent Garden.
The premises are available by assignment of the existing lease expiring 22nd September 2025. The lease includes a Tenant break on the 23rd September 2020. The lease is also subject to an upwards only rent review on the 23rd September 2020. Alternatively a new lease may be available by agreement.
FLOOR AREA
RENT
Total Net Internal Area: 108.75 sq m (1,171 sq ft) All measurements above are approximate.
£25,000 per annum, exclusive of VAT, insurance and all other outgoings.
SERVICES
PREMIUM
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.
Premium offers are sought for the fixtures and fittings.
VAT We understand that VAT will be charged on the rent.
LEGAL COSTS
SERVICE CHARGE
Each party to bear their own legal costs.
A service charge is levied for the upkeep and maintenance of the building as a whole. Further details available from the marketing agents.
VIEWING Strictly by appointment with the sole agents:-
Barker Storey Matthews
PLANNING
Pound Hill House, Pound Hill, Cambridge CB3 0AE
We understand the property has planning for retail within Class A1, as defined in The Town and Country Planning (Use Classes) Order 1987. 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.
Contact: Laurence Gercke [email protected]
BUSINESS RATES
(01223) 467155
We understand from internet enquiries made from the VOA website that the property has a rateable value of £23,500 (2010 List).
LG/6338 161205
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
