Property Details: • Type: 2,300 sq ft • Tenure: N/A • Floor Area: N/A
Key Features: • A detached Edwardian property • Reception, 5 surgeries, 2 offices, 1 laboratory, 1 staff room, Store room, Cellar • 2,300 sq ft (213.7 sq m) • Offices Use Class E • EPC - C75 • Gas Central Heating • Annexe, 10 Gresham Road, Cambridge available by separate negotiation
Location: • Nearest Station: Cambridge Station • Distance to Station: 0.4 miles
Agent Information: • Address: 7 Dukes Court, 54-64 Newmarket Road, Cambridge, CB5 8DZ
Full Description: A unique investment opportunity comprising 2,300 sq ft (213.7 sq m) detached Edwardian property currently with Commercial Use and being sold with tenants. This property can be bought with 10 Gresham Road, Cambridge, a freehold property extending to 498.60 sq ft and currently let for 6 months on an Assured Shorthold Tenancy.Description - The property comprises ground floor, basement and first floor with attic storage space. The building is of brick construction beneath a slate roof. Also available by separate negotiation and located to the rear of the property is 10 Gresham Road, Cambridge a detached one bedroom residential annexe with independent vehicular access being marketed for £550,000 for the freehold.10 Gresham Road is currently rented on an Assured Shorthold Tenancy for six months at £1,450 per calendar month.Location - Cambridge is an important commercial centre and driver of the national and regional economy. The City is known for the strength of its skilled workforce across various high-tech bioscience pharmaceutical research and development sectors. Well-known occupiers include Apple, Amazon, Microsoft, AstraZeneca etc. The property is located in a prime location in the centre of the City. Glisson Road is walking distance of Cambridge Station. Cambridge is situated approximately 60 miles north of London. Direct mainline rail services are available from both Cambridge and Cambridge North Stations.Tenancy - The entire property is let to Oasis Dental Care (Southern) Limited on a lease dated 27 March 2023 and the contractual term expires on 31 March 2030 at a current rent of £40,000 per annum. A rent deposit is held by the Landlord.Rent Review - The rent review takes place 1 April 2028, review to open market rent. The annual rent (exclusive of VAT) of which the property could reasonably be expected to let, A) in the open market, B) at the review date and C) applying the assumptions and disregardPlanning - The property is not listed but is situated within a conservation area.Vat - We understand this transaction is exempt from VAT.Rates - Description: Surgery and PremisesLocal Council: CambridgeLocal Council Reference: 00AValuation Scheme Reference: 589210Special Category Code: 437GFixture And Fittings - The fixtures and fittings are currently owned by the occupational tenant.Anti-Money Laundering - Money laundering regulations require Redmayne Arnold & Harris to conduct checks upon all purchasers. Respective purchasers will need to provide proof of identity and residence.Viewing - Strictly by appointment through the sole agents Redmayne Arnold & Harris, contact: Nick Harris, tel: , email: All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants or staff.
