49 Sidney Street, Cambridge, CB2 3HX
2,618 sq ft
Retail opportunity in a busy tourist area of Cambridge City Centre at the prime retail core.
Property specification
- Prime location close to Sainsbury's, Itsu, Joules and Waterstones,
- New Lease,
- Potential Restaurant use,
- Recently refurbished.
Accommodation
Approximate dimensions/areas are as follows:
Built Frontage - 27 ft 1 in (8.26 m)
Internal Width - 20 ft widening to 25 ft (6.12 m widening to 7.62 m)
Ground Floor - 2,618 sq. ft. (243.26 sq. m)
Lease terms
The property is available on a new effectively full repairing and insuring lease outside the Landlord and 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 - £73,500
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
The property has an E (122) rating, full details available on request.
VAT
The property is elected for VAT.
Rentals
The rent is £98,000 per annum, exclusive of business rates and VAT.
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.
As the City's main food store Sainsbury's is a significant footfall driver with a cosmopolitan mix of retailers being nearby including Joules, Itsu, Waterstones, David Clulow opticians
and Superdrug.
The property has recently been refurbished.
The upper floors have received outline planning permission for a Central Backpacker Hostel.
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.
As the City's main food store Sainsbury's is a significant footfall driver with a cosmopolitan mix of retailers being nearby including Joules, Itsu, Waterstones, David Clulow opticians
and Superdrug.
The property has recently been refurbished.
The upper floors have received outline planning permission for a Central Backpacker Hostel.
Train Stations
- Cambridge (Cambridge Railway Station) 1.75km
- Cambridge (Cambridge North) 3.21km
- Great Shelford 6.55km
- Waterbeach 8.11km
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