A freehold retail shop in a busy shopping area offered with vacant possession on completion

This freehold premises was previously a private shop but is now offered with vacant possession. The property offers a shop area and an external w.c. The leasehold flat is on a 125 year lease assigned in 1998 but has been sold off and is currently paying £25 pa ground rent. The University of Cambridge famous for its colleges offers a variety of shopping and recreational facilities together with a main line rail link into London Liverpool Street and Kings Cross.

Tenure

Freehold

Shop

Shop area and an external w.c.

Flat

The flat has been sold off and are is 125 year leases assigned in 1998.

Buisiness Rates

According to the valuation office website the shop has a rateable value of £10,500 with effect from 1st April 2023.

Energy Efficiency Rating (EPC)

Current Rating B

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Cambridge City Council

Solicitors

Shoosmiths (London), 1 Bow Churchyard, Ref: Joey Lee, Tel: 020 7282 4195

Offered in association with

Robinson Layer

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.