Retail Property (high street) to rent

40 High Street, Huntingdon, Cambridgeshire, PE29 3AQ

952 sq. ft. | £25,000 pa| £2,083 pcm

Property Description

Commercial information

  • 952 sq ft (88 sq m)

Letting information:

Letting type: Commercial

Full description

Tenure: Leasehold

Huntingdon

Huntingdon is an expanding town with a population of circa 25,000 (including the adjoining town of Godmanchester) which benefits from a strategic location at the crossroads of the A14 and
the A1. The town has a strong retail base and its pedestrianized High Street benefits from the presence of a selection of national multiples including W H Smith, New Look, Argos, Burtons,
M & Co, Thomas Cook, Pizza Express, Waitrose and Iceland together with a good range of local retailers.

St Germain Walk, to the north-east of the High Street is anchored by a Sainsburys foodstore and the adjoining retail units are occupied by Wilkinsons, Peacocks, Superdrug and Poundland. In
2012 planning permission was granted for the comprehensive redevelopment of Chequers Court to provide a selection of large and small shops to attract high quality retailers. The construction
of a multi-storey car park with 400 spaces was completed in early 2014 which increases the number of car parking spaces serving Chequers Court and St Germain Walk to 650.

Other developments are taking place in Huntingdon, Sainsburys have recently purchased a site on the edge of Huntingdon Ring Road at George Street with the view to developing a large out
of town superstore, Lidl have been granted planning permission for the development of a food store to the north-west of the town at Stukeley Road and Wetherspoons will occupy the Old
Post Office and George Hall at George Street following their successful purchase of the site. Retailing opportunities in the town are increasingly rare and the population of Huntingdon
is likely to increase quite considerably over the next few years. The nearby township of
Cambourne also provides a further potential for increased retail spend.

The Property

The property, which is located in an excellent trading position in Huntingdon Town Centre, comprises a ground floor retail shop together with storage at first floor level and is in close proximity to the main town centre car parks in Huntingdon. The shop benefits from a shop depth of circa 20.82m and a net frontage of 4.45m. There is an additional storage area at first floor level.
The property is in good condition and the general internal presentation of the shop is to a good standard. The property also benefits from rear pedestrian access which can be used for loading and unloading.

Services

It is understood that electric, telecoms and drainage are connected to the premises, but interested parties should satisfy themselves as to the availability and capacity of supplies for
their particular business operation.

Accommodation

Ground Floor - Shop
Rear Section 10.99 sq m (118 sq ft)
Middle Section 1 25.52 sq m (275 sq ft)
Middle Section 2 11.16 sq m (120 sq ft)
Front Section 39.23 sq m (422 sq ft)
+ Window Displays 1.59 sq m (17 sq ft)
Ground Floor Total 88.49 sq m (952 sq ft)

First Floor

Store 19.61 sq m (211 sq ft)
First Floor Total 19.61 sq m (211 sq ft)
Overall Total 108.10 sq m (1,164 sq ft)

Permitted Use

The property currently benefits from planning permission for A1 Retail or A3 Cafe/Restaurant. In addition to this, under the 2015 General Permitted Development Order A1 Retail can convert to A2 Financial and Professional without the need for planning permission.

Lease Terms

The property is immediately available to let on a new effective full repairing and insuring lease for a term of years to be agreed.

Rent

Guide Rent - 25,000 per annum exclusive of business outgoings and payable quarterly in advance on the usual quarter days.

NB. VAT is not presently payable.

Business Rates

2010 Rateable Value: TBC
2016/2017 Rate Poundage 49.7p/
(Note: Transitional Relief/Charge may apply)

Viewing

By appointment through the Sole Agent - Barford + Co on 01480 213811.

More information from this agent

Nearest station

  • Huntingdon (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Barford & Co, St. Neots

17 Church Street, Eynesbury, St. Neots, PE19 2BU

01480 580026 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Huntingdon (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Barford & Co, St. Neots

17 Church Street, Eynesbury, St. Neots, PE19 2BU

01480 580026 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Property reference P519A. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Barford & Co, St. Neots.

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