16 Market Street, Cambridge, CB2 3PA

Accommodation

The premises are arranged on ground and three upper floors with an unused basement. Approximate areas are:

Ground Floor - 545 sq. ft. (50.6 sq. m)
First Floor (ancillary) - 315 sq. ft. (29.3 sq. m)
Second Floor - 305 sq. ft. (28.3 sq. m)
Third Floor - 200 sq. ft. (27.9 sq. m)

There are staff and WC facilities on the first floor.

The Landlord with be undertaking refurbishment works, further information upon request.

Lease terms

The property is available on a new effectively full repairing and insuring lease outside the Landlord & Tenant Act 1954 for a term of years to be agreed.

Rates

The Valuation Office Agency 2023 assessment on their website (www.voa.gov.uk) is as follows:

Rateable Value 2023 - £56,000

Qualifying tenants will benefit from government rates relief. However, interested parties are advised to make their own enquiries to the City Council.

Legal costs

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

Energy perfomance certificate

The property has an energy rating E (116). Full details available on request.

VAT

The property is elected for VAT.

Rentals

£75,000 per annum exclusive of business rates and VAT payable quarterly in advance and subject to 5 yearly upward only rent reviews.