Unit 1, Orchard House, Unwin Square, Cambridge, Cambridgeshire, CB4 2AD

Retail unit available in residential square of Orchard Park, Cambridge.

• Property specification

  • Use class E.
  • Immediately available.
  • Ground floor unit of large residential block.
  • Nearby retail and food and beverage occupiers as well as Premier Inn and Travel Lodge.
  • 3D Survey available.

• Description

  The retail premises is close to both the community primary school and the Premier Inn and Travelodge hotels. The premises is part of Orchard House, predominantly a residential block with ground floor occupiers such as Tesco, Pizza Hut, Lewis' Barber Shop, Sharman Quinney, and restaurant The Tiffin Truck. The Square has pop-up cabins which are currently occupied by Orchard Park Coffee and Mayanmar Express.

• Accommodation

  The premises are arranged on ground floor and basement with the following approximate areas:
  
  Ground floor 814.4 sq. ft (75.6 sq. m)
  Ancillary/stores/W.C 607.1 sq. ft (56.4 sq. m)
  Total 1,421.6 sq. ft (132 sq. m)
  
  There are staff and WC facilities in the store area 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 10-years.

• Rates

  The Valuation Office Agency 2024 assessment on their website (www.voa.gov.uk) is as follows:
  
  Rateable Value 2024 £21,000
  
  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

  To be reassessed. Full details available on request.

• VAT

  The property has an estimated service charge of £1,000 per annum, payable quarterly in advance, plus VAT.

• Rentals

  £27,500 per annum exclusive of business rates and VAT payable quarterly in advance and subject to 5-yearly upward only rent reviews.