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5 The Guineas, Newmarket, CB8 8EQ

To rent: £35,000.00 Per Annum|1044 Sq Ft|Shopping Centre Unit, Retail

PROPERTY DETAILS

TO RENT£35,000.00 Per Annum
SIZE1044 Sq Ft
ADDRESS5 The Guineas, Newmarket, CB8 8EQ
TYPEShopping Centre Unit, Retail
TENURETo Let
POSTED ON3rd February 2020

DESCRIPTION

Description

5 The Guineas has a net internal ground floors sales area of 1,044 sq ft. The Guineas itself is conveniently located in the middle of the town and provides over 110,000 sq ft of retail space, anchored by Marks & Spencer. Located 12 miles east of Cambridge, the town is benefiting from investment in housing, major technology companies and employment opportunities. Newmarket's leisure offer includes restaurants such as Wildwood, Ask and Prezzo.

Location

Newmarket is located 12 miles east of Cambridge and lies at the intersection of the A11 (London to Norwich) and A14 (Ipswich to The Midlands). The town has a primary catchment population of 81,000 people and is internationally famous for its strong links to the horse racing industry.

Accommodation

Ground Floor Sales 1,044 sq ft 97 sq m



Terms

Tenure
The unit is available on a new effectively full and insuring lease for a term of 10 years, subject to an upwards only rent review at the fifth year.

Rent
£35,000 per annum exclusive.



Rates

The Valuation Office Agency website indicates that the 2017 Rateable Value is £29,000. This is not the annual rates payable.

The rates payable will depend on the occupier's circumstances and can be obtained from either Forest Heath District Council (Business Rates: 01842 756568), or via www.gov.uk/correct-your-business-rates which includes a rates payable


Service charge

£7,019
( Agency Pilot Software Ref: 165415 )

LOCATION

Location: 5 The Guineas, Newmarket, CB8 8EQ

Newmarket (0.4 miles)

Kennett (4.2 miles)

Dullingham (8.3 miles)

AGENT'S DETAILS

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