retail with first floor offices to let

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RETAIL WITH FIRST FLOOR OFFICES TO LET

01480 451578

www.b

40a The Broadway, St Ives, Cambridgeshire, PE27 5BN Size: 133.8 sq m (1,440 sq ft)

Rent: £13,500 pax 

Self-contained retail premises with upper floors



Ground floor retail and store totalling 37.9 sq m (408 sq ft)



Prominent location close to town centre



First floor totalling 95.9 sq m (1,032 sq ft)



In close proximity to large East Street car park ‘Voted by the Estates Gazette Most Active Regional Agent in Cambridgeshire from 2010 to 2017’

Bury St Edmunds



Cambridge



Huntingdon



Peterborough

LOCATION

SERVICES

The attractive old riverside town of St Ives has a current population of about 16,000 but draws on a much larger catchment. The town centre is closed to through traffic and provides comprehensive shopping facilities. Many major multiple retailers have outlets here including Boots, Waitrose, Superdrug and New Look. A feature of the town is the range of small specialist shops. The medieval buildings, picturesque setting and historical associations help to boost tourism activity. Markets are held on Monday and Friday.

Mains 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.

PLANNING Interested parties should satisfy themselves as to the suitability of the current planning consent for their proposed use of the premises by contacting the Local Planning Authority.

DESCRIPTION The premises has previously been used for the purpose of retail with first floor showroom/workshop area. The property provides a good size retail unit on the ground floor with offices or showroom space above. The property may be capable of being split (subject to negotiations with the agent). The property fronts onto the Broadway which leads into the centre of St Ives and benefits from being in close proximity to the large public car park on East Street to the rear.

BUSINESS RATES For the year commencing 1 April 2016 the rateable value is £6,400 and estimated rates payable are £3,098. From 1 April 2017 the draft rateable value now released by the VOA is £9,000 and the property will therefore qualify for small business rates relief. Because the RV falls below £12,000, we can confirm that there will be no rates payable during 2017/18 for a UK registered business for which this will be its only occupied commercial premises. For non -qualifying businesses the VOA estimates that rates payable will be £4,356 for 2017/18.

FLOOR AREAS Ground Floor Sales/store

Rear store/office First Floor Area 1

Area 2

4.86m x 7.69m 31.64 sq m (340 sq ft) 1.87m x 3.36m 6.28 sq m (67 sq ft)

LEASE TERMS The premises are available on a new full repairing and insuring lease for a term by negotiation, subject to 3 yearly upward only rent reviews.

4.85m x 4.55m 16.74 sq m (180 sq ft) 2.46m x 1.98m 3.58 sq m (38 sq ft)

Area 3

RENT £13,500 per annum exclusive.

11.42m x 5.08m 56.71 sq m (610 sq ft)

LEGAL COSTS

Workshop/Area 4

4.16m x 4.55m 18.92 sq m (203 sq ft)

The ingoing tenant to be responsible for both parties’ legal costs.

Total Ground Floor

37.92 sq m (408 sq ft)

EPC

Total First Floor

95.95 sq m (1,032 sq ft)

We are currently awaiting an EPC

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

VIEWING Strictly by appointment with the sole agents:-

Barker Storey Matthews 150 High Street, Huntingdon, Cambridgeshire PE29 3YH Contact: Matthew Hunt [email protected] (01480) 451578 7C1094 170130

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