Office for sale - Regent Street, Cambridge, Cambridgeshire, CB2

OIEO £1,320,000

For Sale

Property information

Status:
Available
Type:
Sale
Address:
Cambridge, CB2 1DP
Categories:
Offices
Features:
Central Location, Ground Floor let to Ladbrokes, Residential Conversion Potential STP, Vacant Upper Floors
Listed on:
06-08-2019

Commercial

2,985 ft²


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Description

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.



Disclaimer

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.

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Carter Jonas
Cambridge,
CB4 3BF,
GB

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Property reference: CP12101_20009625

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