Commercial property
Under Offer
16 Market Hill, Cambridge

Leasehold
Summary

Location
The premises occupy a prominent corner location enjoying frontages to Market Hill and Rose Crescent.
Nearby retailers include Mappin & Webb, Jo Malone, Paperchase and Marks & Spencer.

Lease
The premises are available on a new full repairing and insuring lease for a term to be agreed.

Rental Guide
£97,500 per annum exclusive of business rates and VAT, payable quarterly in advance and subject to upward review at the end of every 5th year.

Business Rates
The Valuation Office Agency assessment on their website (www.voa.gov.uk) is as follows:
RV 2017 £119,000
UBR 49.3p
However, interested parties are advised to make their own enquiries of the City Council (01223 457705).

Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction.

EPC
Details available on request.

Accommodation
The premises are arranged over ground and basement floors with the following approximate dimensions and areas:

Internal width 21 ft 4 ins 6.51 m
Shop depth 47 ft 8 ins 14.54 m
Ground Floor sales 957 sq ft 88.9 sq m
Basement Sales 813 sq ft 75.53 sq m
Basement Stock 319 sq ft 29.63 sq m
In addition there are staff and WC facilities in the basement.
Note: The ground floor could be potentially sub-divided to create a unit of
approximately 500 sq ft fronting Rose Crescent.

Enquiries and Viewings
Strictly via agents - staff unaware
Barry Woodhouse
01223 559511
barry.woodhouse@bidwells.co.uk
Uses
A1 Shops
Done
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