Sidney Street, Cambridge, CB2 3HX
3,177 sq ft
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Retail use property situated on the western side of Sidney Street.
Property specification
- Prime location,
- Former bank,
- Available on a new lease,
- Close to Sainsburys, Dr Martens and Fopp Records.
- Rear loading access.
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.
Location
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.
Location
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.
Train Stations
- Cambridge (Cambridge Railway Station) 1.74km
- Cambridge (Cambridge North) 3.22km
- Great Shelford 6.54km
- Waterbeach 8.12km
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