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3 & 4 Market Street - Picture 1
Let

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Colliers

3 & 4 Market Street 3 & 4 Market Street, Cambridge, CB2 3PA

Use Class

Use Class

E(a)

Size

Size

1,531 sq ft

Rent pa

Rent pa

£139,475

Market Sector

Market Sector

High Street Scheme

Location

The property occupies a prominent position on Market Street close to its intersection with Sidney Street and retailers including Marks & Spencer, Monsoon, Scribbler, Claire’s, Fat Face, Office, Karen Millen and Crabtree & Evelyn.

Key Information

Viewing

Strictly by appointment.

Accommodation

1,531 Sq.Ft

Ground Floor Sales and First Floor Ancillary Additional accommodation on the second, third and fourth floor

Dimensions
Feet
Metres
Gross Frontage
22.6
6.89
Internal Width (Front)
18.33
5.59
Internal Width (Max)
20.01
6.1
Shop Depth
41.5
12.65
Areas
Sq.Ft
Sq.M
Ground Floor Sales
740.96
68.84
Ground Floor Storage
9.04
0.84
First Floor Ancillary
452.07
42
Basement
328.93
30.56

Financial

Lease Type

Existing Lease

Lease Term

The premises are held by way of two co-terminus leases expiring 28th September 2018 at a combined passing rent of £139,475 pax. The rent review dates are staggered; 3 Market Street has an outstanding rent review dated 29th September 2011 and a further review on 29th September 2016; 4 Market Street has a rent review on 29th September 2013.

Rent

Rent is exclusive of rates, insurance and VAT (if applicable).

Rent Review

Next review date 2013/9/00

Rates

We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Tenure

Leasehold

Rates

Rateable Year:
2012
Rateable Value:
£107,000.00
Rates payable:
£49,006.00
UBR:
45.8p/£

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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