Commercial property
Under Offer
Unit 2, The Railyard , Cambridge

1345 sq ft
Property > Commercial > Property Under Offer
The Railyard forms part of a 576 bed student scheme within CB1, a new 25 acre mixed-use city quarter in central Cambridge. CB1 will provide 331 residential units, 1250 student rooms, office, retail and restaurant space and is transforming the Station Road area into a vibrant business and lifestyle location.

It is adjacent to the refurbished Cambridge railway station and the guided bus, park and ride and local bus network bus stops.

11.4 million rail passengers 2016 - 17
(Source: Office of Rail Regulation)
Five minutes from Addenbrooke's Hospital/new AstraZeneca site
Office users include Microsoft (85,000 sq ft) Amazon and Deloitte.
Seven new buildings totalling 2.38m sq ft commercial space.
New Tamburlaine and Ibis hotels now open with Youngs trading as Geronimo on the Ground Floor.
Sainsbury's Local, Caffé Nero, Wasabi and Pret a Manger trading at One the Square.

The property is arranged on ground floor only and has the following approximate gross internal floor areas/measurements:
Ground Floor 125 sq m 1,345 sq ft
Internal Width 16.2 m 53 ft

The unit will be handed over as currently arranged i.e. shell specification with capped services and the ingoing tenant will be responsible for the shop front, together with their own fit out.

The unit is available on a new 10/15 year lease, on effective full repairing and insuring terms at a rent of £40,000pa, subject to five yearly upward only rent reviews.
The rent is exclusive of VAT, business rates and service charge.

The property was granted consent in 2010 for A1, A2, A3, A4 and A5 uses with the Use Classes order.
In 2018 consent for D2 use was granted but has not been implemented.

The incoming tenant will be responsible for achieving any necessary planning consents relating to but not restricted to signage, external seating, trading hours, fit-out and shop front. Such consents to be approved by the Landlord prior to implementation.

Service Charge
There is a service charge to cover the insurance and maintenance and repairs of communal areas, further details on request.

Business Rates
The premises will need to be assessed.

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

The property is elected for VAT.

The property is currently being assessed.

Barry Woodhouse
01223 559511
A1 Shops
A2 Financial and Professional Services
A3 Restaurants and Cafes
A4 Drinking Establishments
A5 Hot Food Takeaways
D1 Non Residential Institutions
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