54 Sidney Street, Cambridge, CB2

The property is situated on the western side of Sidney Street which connects the busy tourist area of Market Street and Bridge Street with the prime retail core.

Close by occupiers include Boots, Finisterre , Superdrug , Waterstones , Pizza Pilgrims , Flat Iron , Itsu , Urban Outfitters , Next and Marks and Spencer

Accommodation

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

Ground floor sales - 1,1650 sq. ft (108.2 sqm)
Basement - 970 sq. ft (90.1 sqm)

Ground floor is split between customer, counter and seating areas. There is a kitchen area and rear accessible WC

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 - £71,000

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

The property has an EPC rating of C (59)

VAT

The property is to be elected for VAT.

Rentals

£120,000 per annum exclusive of business rates and VAT payable quarterly in advance and subject to 5-yearly upward only rent reviews