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Marketed by
43 Cambridge, CB2 3ET
Use Class
E
Size
795 sq ft
Rent pa
£190,000
Market Sector
Shopping Centre
Description
The subject premises are situated in an excellent trading location within the link to the Grand Arcade Shopping Centre between Ernest Jones and Tiger, with other nearby retailers including EE, Thomas Sabo, JD Sports, River Island and Apple.
Location
The Centre has been further enhanced by the 450,000 sq.ft. Grand Arcade Shopping Centre which immediately adjoins and directly links into Lion Yard. The Grand Arcade scheme features a 280,000 ft² John Lewis store and 50 shop units arranged over 2 levels. Total footfall through Lion Yard in 2012 was in excess of 15 million people, averaging almost 300,000 persons per week and peaking at 400,000 persons.
The Lion Yard Shopping Centre links Petty Cury, the prime retail thoroughfare in Cambridge with St Andrews Street and contains a wide range of national multiple retailers including Superdry, New Look, C&J Clark, Miss Selfridge, Accessorize, Sportsdirect.com, Timberland, Tiger and Hotel Chocolat. New additions include North Face/Ellis Brigham, Ness and Jamaica Blue.
Accommodation
795 Sq.Ft
The unit is arranged over basement and ground floor levels.
Financial
Lease Type
New Lease
Lease Term
The premises are available to let on a new effectively full repairing and insuring lease for a term of 10 years subject to an upward only rent review at the end of the 5th year.
Rent
Rent is exclusive of rates, insurance and VAT (if applicable).
Rates
The rates will be reassessed following the reconfiguration works and interested parties are recommended to make their own enquiries of the Local Authority.
Incentive
Attractive incentives are available to an ingoing tenant, subject to lease length and covenant.
Tenure
Leasehold
This Property is Part of a Shopping Centre
Lion Yard Shopping Centre
Lion Yard is a high quality, glazed / covered shopping centre development situated in the heart of historic Cambridge, which houses a range of national multiple retailers covering the fashion & footwear, jewellery, sports, outdoors and healthcare / optician sectors as well as a selection of food and drink offers. Key tenants include New Look, Oseyo, Vision Express, Flying Tiger of Copenhagen and Natwest.
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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