7 Peas Hill, Cambridge, CB2 3PP
364 - 847 sq ft
Shop premises available benefitting from strong tourist trade and footfall from The Guildhall and Cambridge Arts Theatre District.
Property specification
- High footfall location for tourist and students.
- Prominent corner location.
- Moments away from key shopping areas such as the Market Square, Lion Yard and The Grand Arcade.
Accommodation
The premises are arranged on ground floor and basement with the following approximate areas:
Ground Floor 364 sq. ft. (33.81 sq. m.)
Basement 847 sq. ft. (78.69 sq. m.)
TOTAL: 1,211 sq. ft. (103.65 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 2017 assessment on their website (www.voa.gov.uk) is as follows:
Rateable Value 2023 £15,250
Qualifying tenants may benefit from 50% business rates relief. However, interested parties are advised to make their own enquiries of the City Council.
Energy perfomance certificate
The property has an energy rating C (71). Full details available on request.
VAT
The property is elected for VAT.
Rentals
£25,000 per annum exclusive of business rates and VAT payable quarterly in advance and subject to 5 yearly upward only rent reviews.
Location
Situated within the heart of Cambridge, the premises is directly adjoined to the Arts Theatre and benefits from nearby food operators and cafes such as: Aromi, Pint Shop, Brew Dog, Zizzi's, Giggling Squid, and Pho Noodles.
The nearby retail offering features independents such as Ark, Market Stall traders, as well as high street names like Hugo Boss and Anthropologie towards the Market Square.
Location
Situated within the heart of Cambridge, the premises is directly adjoined to the Arts Theatre and benefits from nearby food operators and cafes such as: Aromi, Pint Shop, Brew Dog, Zizzi's, Giggling Squid, and Pho Noodles.
The nearby retail offering features independents such as Ark, Market Stall traders, as well as high street names like Hugo Boss and Anthropologie towards the Market Square.
Train Stations
- Cambridge (Cambridge Railway Station) 1.60km
- Cambridge (Cambridge North) 3.46km
- Great Shelford 6.3km
- Waterbeach 8.38km
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