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East Rd
Cambridge CB1 1BH
210 · Retail Property For Sale · 36,000 SF
Investment Highlights
- Former coffee shop
- Located in close proximity to Anglia Ruskin University
- Benefitting from outside seating
Executive Summary
Located in close proximity to Anglia Ruskin University, Parker’s Piece, Kelsey Kerridge Sports Centre, The Crown Court and Regus Office Space. Adjacent to the renowned ‘quirky’ area of Petersfield, including Mill Road, which has incredibly high footfall and a mixture of student accommodation, Cafes/Restaurants and many types of retail, forming a main pedestrian and cycle route towards Cambridge Railway Station. The shop forms part of a large residential and commercial building adjacent to Cambridge Fire Station
PROPERTY FACTS Sale Pending
| Unit Size | 2,032 SF | Building Class | B |
| No. Units | 1 | Floors | 8 |
| Total Building Size | 36,000 SF | Typical Floor Size | 1,987 SF |
| Property Type | Retail (Condo) | Year Built | 2013 |
| Property Subtype | Storefront Retail/Residential | Tenancy | Single |
| Sale Type | Owner User | Lot Size | 1.27 AC |
| Unit Size | 2,032 SF |
| No. Units | 1 |
| Total Building Size | 36,000 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Owner User |
| Building Class | B |
| Floors | 8 |
| Typical Floor Size | 1,987 SF |
| Year Built | 2013 |
| Tenancy | Single |
| Lot Size | 1.27 AC |
1 Unit Available
Unit 210
| Unit Size | 2,032 SF | Sale Type | Owner User |
| Condo Use | Retail | Tenure | Long Leasehold |
| Unit Size | 2,032 SF |
| Condo Use | Retail |
| Sale Type | Owner User |
| Tenure | Long Leasehold |
Description
The premises are arranged on ground floor only. There are kitchen and WC facilities as well as a rear bin area. The
unit does not have rear access.
Sale Notes
A 985-year Lease (expiring 10th December
3009). For the benefit of the long lease interest,
a premium of £725,000 (excluding VAT).
Principal rent on a Peppercorn basis.
Alternatively, a new lease may be available
(terms to be agreed) at £50,000 per annum
exclusive.
Amenities
- Energy Performance Rating - C
