About this property

Detailed Description

The property occupies a prominent High Street position, close to national retailers including Costa Coffee and Waterstones.

The premises currently comprise a spacious ground floor retail unit with ancillary office accommodation at first floor level.

The ground floor accommodation can be sub-divided into two modern retail spaces as follows:

Unit 1 (No. 7): 112.6 sq m (1,212 sq ft)

Unit 2 (No. 5): 87.5 sq m (942 sq ft)

Location

St Neots is a rapidly expanding town located on the banks of the River Great Ouse with a population of well over 30,000 residents. Adjoining and nearby settlements such as Little Paxton, increase the population figure to c. 40,000. The retail catchment is estimated to be in excess of 80,000. St Neots has the fastest rate of population growth within the County.

Benefiting from its rail links to London Kings Cross (typical journey time of 45-55 minutes), the town has seen a considerable expansion of its commerce and industry in recent years. It also enjoys excellent road communications with London and the east coast ports, being located at the intersection of the A1 trunk road and the A428/A421 Cambridge - Bedford M1 - Milton Keynes route. The opening of the A14 and A428 dual carriageways have significantly improved accessibility to the Midlands and the North West.

The town has a good range of shopping and leisure facilities with many national multiple retailers represented, including Boots, Waitrose, Fat Face, Marks & Spencer Simply Food and Waterstones. There are also a range of interesting smaller retailers and a six screen cinema (Cineworld) and Pizza Express.

Accommodation

Ground Floor (Existing)
Net Internal Area 181 sq m (1943 sq ft)
Rear Storage Space 31 sq m (331 sq ft)

First Floor
Net Internal Area 116 sq m (1253 sq ft)

Ground Floor (Sub-division)
Unit 1 (No. 7) 112.6 sq m (1,212 sq ft)
Unit 2 (No. 5) 87.5 sq m (942 sq ft)

Business Rates

Tenants are advised to contact the Local Authority in order to confirm the amount payable as the property may be eligible for some form of transitional relief.

Services

Mains water, electricity and telecoms are connected to the premises. Drainage is to the mains sewers.

Interested parties are advised to make their own enquiries of the relevant utility companies to ensure that the capacity of services etc is adequate for the proposed business operation.

We have not carried out tests on any of the services or appliances and interested parties should arrange their own test to ensure these are in working order.

Viewing

Strictly by appointment with the Letting Agent.

VAT

It is understood that VAT is not applicable.

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the letting.

Terms

The property is available as a whole, as individual floors, or as two separate ground floor units. New full repairing and insuring (FRI) leases are offered on terms to be agreed.