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To Let

12-14 Fitzroy Street, Cambridge, CB1 1EW

Leasehold

10,833 sq ft

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The property occupies a prominent corner location within this busy pedestrianised street which leads to The Grafton Shopping Centre.

Property specification

  • On busy pedestrianised street, close to The Grafton
  • Adjacent to Greggs and Waitrose
  • Busy student area
  • Temporary letting available
  • New Lease

Accommodation

The premises are arranged over ground and first floor with the following approximate dimensions/areas:

Internal width (including corridor) - 40 ft 1 in (12.25 m)
Internal width shop - 32 ft (9.75 m)
Average shop depth - 88 ft 11 in (27.1 m)
Built depth - 116 ft 5 in (35.5 m)
Ground Floor - 4,785 sq ft (278.70 sq m)
First Floor - 6,048 sq ft (72.92 sq m)

The unit benefits from toilet facilities on the first floor.

Lease terms

The property is available on a new effectively full repairing and insuring lease 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 - £116,000

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

Service charge is quoted as £20,000, subject to change.

Legal costs

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

Energy perfomance certificate

Energy rating E - 109 (full details are available on request).

Rentals

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

Location

Nearby occupiers include Primark, Waitrose, Wilko and well-known food and beverage operators like Patisserie Valerie and Caffe Nero. It is within walking distance of the Grafton West car park.

Location

Nearby occupiers include Primark, Waitrose, Wilko and well-known food and beverage operators like Patisserie Valerie and Caffe Nero. It is within walking distance of the Grafton West car park.

Train Stations
  • Cambridge (Cambridge station) 1.46km
  • Cambridge (Cambridge North) 2.69km
  • Great Shelford 6.43km
  • Waterbeach 7.68km

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