18 Kings Parade , Cambridge, CB2 1SP

Property specification

• Prime location opposite Kings College,
• High footfall,
• Prominent building with historic features,
• 3D Survey available,
• Adjacent to Café Nero and close to Kiltane, Hugo Boss, and numerous quality independent retailers and food uses,
• Available January 2025.

Retail premises available on principal tourist and independent street, King's Parade, Cambridge.

Accommodation

The premises are arranged on ground floor with the following approximate areas:
Internal width 4.80 m
Ground floor (sales) 406 sq. ft (37.7 sq. m)
Ground floor (kitchen) 15 sq. ft (1.4 sq. m)
Total 421 sq. ft (39.1 sq. m)

There are staff and WC facilities as well as 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 2023 assessment on their website (www.voa.gov.uk) is as follows:

Rateable Value 2024 £24,000

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

The property has an energy rating C (62). Full details available on request.

VAT

The property is elected for VAT.

Rentals

31,500 per annum exclusive of business rates and VAT payable quarterly in advance and subject to 5 yearly upward only rent reviews.