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To Let

20-21 Grafton Centre, Cambridge, CB1 ,

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To Let

20-21 Grafton Centre, Cambridge, CB1

3278 - 3278 sq ft

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The Grafton

The 500,000 sq ft shopping centre is owned by Legal & General who are undertaking major improvements to the malls and entrances as well as broadening its retail offer.

This includes the development of a new restaurant quarter at first floor level adjoining Vue Cinema and the creation of new anchor stores. Recent lettings have been agreed to Decathlon and The Entertainer.

Existing anchor stores in the scheme include the Debenhams, Next and H&M and the centre has 1,150 car parking spaces.

Location

The unit is situated to the centre of the mall opposite New Look and Debenhams and close to USC and Clinton Cards.

Accommodation

The premises are arranged on ground and first floors with the following approximate dimensions/areas:

Internal Width 38 ft 9 in 11.81 m

Shop Depth 68 ft 2 in 20.78 m

Ground Floor 2,570 sq ft 238.76 sq m

First Floor 708 sq ft 65.77 sq m

Lease

The premises are available on an effectively full repairing lease for a term of years to be agreed.

Rental

£160,000 per annum, exclusive of business rates and VAT.

Service Charge

The estimated service charge for the current year is £31,520.

EPC

The property has an energy rating D (86). The full report is available on request.

Business Rates

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

RV (2010) £122,000

UBR 49.7p

RV (2017) £83,000

However, interested parties are advised to make their own enquiries of the City Council (01223 457705)

Legal Costs

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

Enquiries

Barry Woodhouse

01223 559511

barry.woodhouse@bidwells.co.uk

or

James Lankfer

01223 558559

james.lankfer@bidwells.co.uk

Or our joint agents Strutt & Parker, London

Location

Location

Train Stations
  • Cambridge (CBG) 1.38km
  • Cambridge (Cambridge North) 2.51km
  • Great Shelford 6.39km
  • Waterbeach 7.52km

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