35 Sidney Street, Cambridge, CB2 3HX

Retail use property situated on the western side of Sidney Street.

• Overview

• Property specification

  • Prime location,
  • Former bank,
  • Available on a new lease,
  • Close to Sainsburys, Dr Martens and Fopp Records.
  • Rear loading access.

• Description

  The property is situated on the western side of Sidney Street which connects the busy tourist area of Bridge Street with the prime retail core. The City's main food store Sainsbury's is a significant nearby footfall driver and other occupiers in the vicinity include Dr Martens and Fopp Records.

• Accommodation

  The premises are arranged on ground floor and basement with the following
  approximate areas:
  
  Ground floor sales - 1,911 sq. ft. (176.51 sq. m)
  Ground floor ancillary - 148 sq. ft. (13.75 sq. m)
  Basement - 1,118 sq. ft. (103.86 sq. m)
  
  There are staff and WC facilities in the basement and the unit benefits from
  rear/side access.

• 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 assessment on their website (www.voa.gov.uk) is as follows:
  
  Rateable Value 2023 - £65,500
  
  Qualifying tenants may benefit from government rates relief. However,
  interested parties are advised to make their own enquiries of the City Council.

• Legal costs

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

• Energy perfomance certificate

  EPC awaited. Full details available on request.

• VAT

  The property is to be elected for VAT.

• Rentals

  £85,000 per annum exclusive of business rates and VAT payable quarterly in advance and subject to 5-yearly upward only rent reviews.