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To Let

56 St. Andrews Street, Cambridge, Cambridgeshire, CB2 3DA

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Under Offer

56 St. Andrews Street, Cambridge, Cambridgeshire, CB2 3DA

Leasehold

3,599 sq ft

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Property to let in Cambridge City Centre.

Property specification

  • Prime corner location,
  • Former bank,
  • Available on a new lease,
  • Opposite the entrance to Grand Arcade.

Accommodation

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

Ground floor sales - 1,722 sq. ft. (159.99 sq. m)
Ground floor ancillary - 124 sq. ft. (11.53 sq. m)
Basement - 1,753 sq. ft. (162.58 sq. m)

There are staff and WC facilities in the basement and the unit benefits from rear 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 £163,000

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

Service Charge -
Further details upon request.

Legal costs

The property has an energy rating E (101). Full details available on request.

Energy perfomance certificate

The property has an energy rating E (101). Full details available on request.

VAT

The property is elected for VAT.

Rentals

£150,000 per annum exclusive of business rates and VAT payable quarterly in advance and subject to 5 yearly upward only rent reviews.

Location

The property occupies a prime corner location directly opposite the main entrance to Grand Arcade and close to John Lewis, Caffé Nero and Ted Baker.

Location

The property occupies a prime corner location directly opposite the main entrance to Grand Arcade and close to John Lewis, Caffé Nero and Ted Baker.

Train Stations
  • Cambridge (Cambridge station) 1.48km
  • Cambridge (Cambridge North) 3.25km
  • Great Shelford 6.23km
  • Waterbeach 8.20km

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