7 Peas Hill, Cambridge, CB2 3PP

Property specification

• High footfall location for tourist and students.
• Prominent corner location.
• Moments away from key shopping areas such as the Market Square, Lion Yard and The Grand Arcade.

Accommodation

The premises are arranged on ground floor and basement with the following approximate areas:
Ground Floor 364 sq. ft. (33.81 sq. m.)
Basement 847 sq. ft. (78.69 sq. m.)
TOTAL: 1,211 sq. ft. (103.65 sq. m)

There are staff and WC facilities in the basement 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 years to be agreed.

Rates

The Valuation Office Agency 2017 assessment on their website (www.voa.gov.uk) is as follows:

Rateable Value 2023 £15,250

Qualifying tenants may benefit from 50% business rates relief. However, interested parties are advised to make their own enquiries of the City Council.

Energy perfomance certificate

The property has an energy rating C (71). Full details available on request.

VAT

The property is elected for VAT.

Rentals

£25,000 per annum exclusive of business rates and VAT payable quarterly in advance and subject to 5 yearly upward only rent reviews.