Retail premises to let in 11 High Street, St. Neots, Cambridgeshire PE19

Location

The property sits in the heart of St Neots town centre and in the prime location of the middle of the high street, between Costa Coffee and Specsavers. Other nearby occupiers include Card Factory, HSBC, Fat Face, Waterstones Loungers, Iceland, Marks & Spencer, Waitrose, Costa, Caffe Nero, and Subway.

The property

The property comprises a mid-terrace building of traditional masonry construction, with the external walls are of stone facing and facing brick. The property has accommodation spread over three levels, with the ground providing retailing of 1,098 sq ft and the upper floors storage, office and staff welfare facilities.

Planning

The property has established use as a retail shop within the former Class A1 - now E (Commercial, Business and Service) and is therefore suitable for a range of uses including retail, leisure (indoor sport), health services and offices.

Business rates

Rateable value: £29,000
Rates Payable 2023/24: £14,471
Applicants are advised to verify the rating assessment with the Local Authority and as to whether any reliefs would be available.

Tenure

The property is being offered to let on a new full repairing and insuring lease, for a term to be agreed. The quoting rent is £33,500 per annum exclusive. All figures quoted are exclusive of any VAT which the landlord has a duty to impose.