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

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.

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 Tipsy Tandoor. 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.