Cambridge, CB2 1DP
Central Location, Ground Floor let to Ladbrokes, Residential Conversion Potential STP, Vacant Upper Floors
Freehold Part Vacant - Part Investment For Sale
The property comprises of a brick built four storey retail unit with vacant offices above. Ladbrokes provides an open plan sales area with rear access into the basement and emergency access to separate office entrance. There is also a disabled W/C. Ladbrokes also has access to part first floor currently used for staff welfare / storage.
The upper floor offices have their own dedicated entrance from Regent Street. The accommodation comprises or part suspended ceilings, air conditioning and carpeting.
There are a number of original features including wooden sash windows and high floor to ceiling heights.
The office accommodation would benefit from refurbishment to bring it to modern standards.
There is also the potential of converting the upper floors to residential subject to planning.
Ladbrokes Betting and Gaming Ltd (Co No. 00775667)
Lease Commencement: 10 November 2008
Lease Expiry: 09 November 2023
Passing Rent: 45,000 per annum exclusive
No outstanding rent reviews or break options
Inside security of tenure provisions of the LTA 1954
We are seeking offers in excess of 1,320,000 subject to contract and exclusive of VAT.
Property reference: CP12101_20009625
The information exhibited about this property relates to a property listing advertisement. Commercial People Ltd makes no assurances as to the accurateness or completeness of the said advertisement or any connected or associated information. Commercial People Ltd has no control over the content of the advertisement. This property advertisement does not constitute property particulars. All information is provided and maintained by Carter Jonas. In the event of any discrepancies, we ask that you please contact the selling agent or developer directly.