210 East Road, Petersfield

Cafe (A1) / Retail For Sale, Cambridge

• Overview

  Virtual freehold (985-year lease) for sale of former Cafe on East Road, Cambridge. Virtual freehold (985-year lease) for sale of former Cafe on East Road, Cambridge.

• Property specification

  • Virtual freehold sale of 985-year Lease.
  • Former coffee shop (class E use) benefitting from outside seating.
  • Located in close proximity to Anglia Ruskin University, Parker's Piece, Kelsey Kerridge Sports Centre, The Crown Court and Regus Office Space.
  • Adjacent to the renowned 'quirky' area of Petersfield, including Mill Road, which has incredibly high footfall and a mixture of student accommodation, Cafes/Restaurants and many types of retail.
  • The shop forms part of a large residential and commercial building adjacent to Cambridge Fire Station.
  • Sold as seen with current decoration, fixtures, and fittings.
  • 3D Survey Available.

• Lease Terms

  A 985-year Lease (expiring 10th December 3009). For the benefit of the long lease interest, a premium of £725,000 (excluding VAT). Principal rent on a Peppercorn basis. Furthur detail upon application. Alcohol License Previous use was a cafÈ/cocktail bar and has an existing alcohol Licence, details upon request.

• VAT

  The property is elected for VAT.