Lease Available

The property is arranged with ground floor sales and storage and office space at first floor level. Tenure The property is available on a new sub lease from Lloyds Banking Group for a term until 5th March 2022.  The lease will be contracted outside of the Landlord & Tenant Act 1954. Alternatively, a new lease can be granted directly with the landlord. Passing Rent £53,500 per annum exclusive. A sublease below the passing rent will be considered. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £24,000.00 and the rates payable are £11,520.00 pa. The UBR for 2018/2019 is 48.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Mill Road is located approximately 0.3 miles east of Cambridge City Centre and mainly comprises independent retailers, pubs and restaurants. The road is well served with public transport and approximately 0.5 miles from Cambridge Train Station. The premises are prominently located being at the corner of St Barnabas and Mill Road.

Sizes and Measurements

Total Size

1,805sqft

Sales Area

1,805sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,805sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease type

Assignment

For rent

£53,500/pa

UBR

48p

Ratable Value

£24,000.00

Business Rates

£11,520/pa

Specification

  • PROMINENT CORNER LOCATION
  • BUSY STUDENT LOCATION

Floorplan

CAMBRIDGE GOAD

Photos

CAPTURE

Map Data
Map data ©2019 Google
Map DataMap data ©2019 Google
Map data ©2019 Google
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