Under Offer

1 Station Road, Cambridge, CB2 1NT

Leasehold

2,264 sq ft

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Newly redeveloped corner restaurant unit available on a new lease under planning Use Class E(b).

Property specification

  • Prominent corner location,
  • Newly redeveloped restaurant unit,
  • Available on a new lease,
  • Situated in close proximity to Apple, KPMG, Microsoft, Mills&Reeve and Amazon,
  • Adjacent to Smokeworks and Norfolk Street Bakery,
  • Planning Use Class E(b).

Accommodation

The premises are arranged on ground floor and basement with the following approximate areas:

Ground floor - 969 sq. ft. (90 sq. m.)
Basement - 1,295 sq. ft. (111 sq. m.)

Measurements based off floor plans. Shared cycle store to be available on site. WC facilities on ground floor and basement.

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 2017 assessment on their website (www.voa.gov.uk) is as follows:

Rateable Value 2023 To be Assessed

Legal costs

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

Energy perfomance certificate

The property is to be assessed for an energy rating. Full details available on request.

VAT

The property is elected for VAT.

Rentals

The rent is £45,000 per annum exclusive of business rates and VAT payable quarterly in advance and subject to 5 yearly upward only rent reviews.

commercialretailagency@bidwells.co.uk


Brochure

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Location

The property resides on Hills Road which acts as an arterial network to the city centre and major transport links. Cambridge Railway Station is located in the vicinity. The unit is situatedon a prominent corner position of Hills and Station Road, an area which boasts high footfall and an active office occupier
market with well-established businesses.

The area is very vibrant with a mix of independent retailers, restaurants and High Street names including Tesco Express, Smokeworks, Norfolk Street Bakery, Microsoft and WeWork.

Train Stations
  • Cambridge (Cambridge North) 3.70km
  • Great Shelford 5.15km
  • Waterbeach 8.71km
  • Foxton 9.87km

Property Advisor

Matt Hallam

Matt Hallam

Graduate Surveyor, Retail and Leisure

Matt is a passionate and energetic agent who enjoys engaging with people and helping them find their ideal retail space.

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101156

James Lankfer

Partner, Retail and Leisure

With 30+ years’ experience, James’s knowledge of his towns and occupiers is exceptional.

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1 Station Road, Cambridge, CB2 1NT

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