57 bateman street, cambridge cb2 1lr - Gerald Eve

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57 BATEMAN STREET, CAMBRIDGE CB2 1LR D1 EDUCATION SPACE IN CAMBRIDGE – TO BE REFURBISHED – AVAILABLE FOR PRE-LET 2nd Floor – 7,757 sq ft (721 sq m)

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57 BATEMAN STREET, CAMBRIDGE CB2 1LR Hostel

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The property is located in a highly sought after area at the heart of Cambridge’s business district and in close proximity to Cambridge station. The building occupies a prominent position off Hills Road on the south side of Bateman Street. Adjacent is the Cambridge International School and bounding to the rear are the University of Cambridge Botanic Gardens.

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Cambridge Railway station is located within approximately 600m and provides direct services to London and Stanstead Airport. In addition, regular bus services are available on Hills Road, providing convenient access to the City centre.

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The accommodation benefits from a passenger lift and demised male and female WCs.

The total net internal area is 7,757 sq ft. El Sub Stas

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Plant Growth Facility

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© Crown Copyright 2017. Licence number 100022432 1:1250

The property comprises the entire 2nd floor of a WS AN M E purpose built 1980s language school and currently BATEM provides ten generously sized classrooms, with two ancillary staff offices, arranged around a central glass atrium.

© Crown Copyright 2017. Licence number 100022432 1:1250

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Description

57 BATEMAN STREET, CAMBRIDGE CB2 1LR

Proposals Our client intends to undertake a full refurbishment of the property including plant, M&E and fit-out to provide enhanced teaching facilities. Completion is anticipated for Autumn/Winter 2018. The tenant will have the opportunity to engage with our client, the long leaseholder, throughout the design process to specify fit-out requirements for the second floor.

Terms We are inviting offers on behalf of the long leaseholder for parties to secure a pre-let on the following terms. • A ten year sublease to commence from completion of the refurbishment works (anticipated for Q3/Q4 2018) • Internal repairing terms • D1 education use only • Tenant break option on expiry of the fifth year Due to our client being a registered charity, the lease will be contracted out of the Security of Tenure provisions contained within the Landlord and Tenant Act 1954. There is also the opportunity to discuss the area of shared space, including the external terrace, multi-functional space, reception and parking arrangements.

www.geraldeve.com

57 BATEMAN STREET, CAMBRIDGE CB2 1LR – DRAFT

Rent On application.

EPC Rating D (available upon request).

Legal costs Each party will be responsible for bearing their own legal costs incurred in this transaction.

Viewings Strictly by prior appointment through sole agents, Gerald Eve LLP.

Contact details Robbie Thomas

William Ray

Tel. +44 (0)20 7333 6425 Tel. +44 (0)20 7333 6201 Mobile. +44 (0)7795 801526 Mobile. +44 (0)7944 584105 [email protected] [email protected]

Conditions under which these particulars are issued All details in these particulars are given in good faith, but Gerald Eve LLP for themselves and the Vendors/Lessors of this property for whom they act give notice that: 1. These particulars do not and shall not constitute, in whole or in part, an offer or a contract or part thereof, and Gerald Eve LLP have no authority to make or enter into any such offer or contract. 2. All statements contained in these particulars are made without acceptance of any liability in negligence or otherwise by Gerald Eve LLP, for themselves or for the Vendors/Lessors. 3. None of the statements contained in these particulars is to be relied on as a statement or representation of fact or warranty on any matter whatsoever, and intending purchasers must satisfy themselves by whatever means as to the correctness of any statements made within these particulars. 4. The Vendors/Lessors do not make, give or imply, nor do Gerald Eve LLP or any person in their employment have any authority to make, give or imply, whether in these particulars or otherwise, any representation or warranty whatsoever in relation to the property.

www.geraldeve.com The statement does not affect any potential liability under the Property Misdescriptions Act 1991. Particulars issued March 2017