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Restaurant/cafe for sale

Non-quoting

210 East Road, Petersfield, Cambridge CB1

Restaurant/cafe for sale 2,032 sq. ft*
Interested in this property? Call +44 1223 784878 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Virtual freehold sale of 985-year Lease.
  • Former coffee shop (class E use) benefitting from outside seating.
  • Located in close proximity to Anglia Ruskin University, Parker's Piece, Kelsey Kerridge Sports Centre, The Crown Court and Regus Office Space.
  • Adjacent to the renowned 'quirky' area of Petersfield, including Mill Road, which has incredibly high footfall and a mixture of student accommodation, Cafes/Restaurants and many types of retail, forming a main pedestrian and cycle route towards Cambridge Railway Station.
  • The shop forms part of a large residential and commercial building adjacent to Cambridge Fire Station.
  • Sold as seen with current decoration, fixtures, and fittings.
  • 3D Survey Available.

Property description

Virtual freehold (985-year lease) for sale of former Cafe on East Road, Cambridge.

Virtual freehold (985-year lease) for sale of former Cafe on East Road, Cambridge.

The property is situated on a main pedestrian and commuter route through the Centre of Cambridge. Adjacent the renowned 'quirky' area of Petersfield, including Mill Road, which has incredibly high footfall with a mixture of student accommodation, cafes/restaurants, and many types of retail, forming a main pedestrian and cycle route towards Cambridge Railway Station.

Nearby occupiers include The Anglia Ruskin University, Wellington House and Kelsey Kerridge Sports Centre. There is a variety of retail and F&B operators within the vicinity including The Duke of Cambridge, Tram Depot, Mediterranean BBQ and Tesco Express. The unit is within walking distance of both The Grafton and The Grand Arcade shopping centres.

The premises are arranged on ground floor only with the following approximate areas:
Internal width 54.13 ft (16.5 m)
Frontage height 9.51 ft (2.9 m)
Ground Floor 2,032 sq. Ft (188.78 sq. M)

There are kitchen and WC facilities as well as a rear bin area. The unit does not have rear access.

A 985-year Lease (expiring 10th December 3009). For the benefit of the long lease interest, a premium of £725,000 (excluding VAT). Principal rent on a Peppercorn basis.
Furthur detail upon application.

Alcohol License
Previous use was a café/cocktail bar and has an existing alcohol Licence, details upon request.

The property has an energy rating B (28). Full details available on request.

Alternatively, a new lease may be available (terms to be agreed) at £50,000 per annum exclusive.

Virtual freehold sale of 985-year Lease.

Former coffee shop (class E use) benefitting from outside seating.

Located in close proximity to Anglia Ruskin University, Parker's Piece, Kelsey Kerridge Sports Centre, The Crown Court and Regus Office Space.

Adjacent to the renowned 'quirky' area of Petersfield, including Mill Road, which has incredibly high footfall and a mixture of student accommodation, Cafes/Restaurants and many types of retail, forming a main pedestrian and cycle route towards Cambridge Railway Station.

The shop forms part of a large residential and commercial building adjacent to Cambridge Fire Station.

Sold as seen with current decoration, fixtures, and fittings.

3D Survey Available.

Property info

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

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For more information about this property, please contact
Bidwells, CB2 on +44 1223 784878 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bidwells, and do not constitute property particulars. Please contact Bidwells for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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