12-14 Fitzroy Street, Cambridge, CB1 1EW

The property occupies a prominent corner location within this busy pedestrianised street which leads to The Grafton Shopping Centre.

• Property specification

  • On busy pedestrianised street, close to The Grafton
  • Adjacent to Greggs and Waitrose
  • Busy student area
  • Temporary letting available
  • New Lease

• Accommodation

  The premises are arranged over ground and first floor with the following approximate dimensions/areas:
  
  Internal width (including corridor) - 40 ft 1 in (12.25 m)
  Internal width shop - 32 ft (9.75 m)
  Average shop depth - 88 ft 11 in (27.1 m)
  Built depth - 116 ft 5 in (35.5 m)
  Ground Floor - 4,785 sq ft (278.70 sq m)
  First Floor - 6,048 sq ft (72.92 sq m)
  
  The unit benefits from toilet facilities on the first floor.

• Lease terms

  The property is available on a new effectively full repairing and insuring lease 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 - £116,000
  
  Qualifying tenants may benefit from government rates relief. However, interested parties are advised to make their own enquiries of the City Council.
  
  Service charge is quoted as £20,000, subject to change.

• Legal costs

  Each party is to be responsible for their own legal costs incurred in the transaction

• Energy perfomance certificate

  Energy rating E - 109 (full details are available on request).

• Rentals

  The rent is £150,000 per annum exclusive of business rates and VAT payable quarterly in advance and subject to 5-yearly upward only rent reviews.