for sale (due to relocation)
TRANSCRIPT
01223 467155
bsm.uk.com
FOR SALE (due to relocation)
8,475 sq ft (787 sq m) /
0.26 ha (0.65 acres)
• Prominent & accessible location
• 1.5 mile from Cambridge city centre
• Planning for 154 bed student accommodation
• Rare freehold opportunity
444 NEWMARKET ROAD, CAMBRIDGE, CB5 8JL
FREEHOLD
CAR SHOWROOM WITH
PLANNING CONSENT FOR
STUDENT ACCOMMODATION
DEVELOPMENT
Proposed student accommodation (CGI)
Note: Barker Storey Matthews is the trading name of Eddisons Commercial Limited. Reg No. 2566342. These particulars do not constitute or form any part of an offer or contract nor may they
be regarded as representations. All interested parties must themselves verify their accuracy. All measurements are approximate. Unless otherwise stated, all prices and rents are quoted
exclusive of Value Added Tax. NIA Refers to Net Internal Area. Where appropriate or stated IPMS 3 relates to the International Property Measurement Standards 1st Edition. A definition can be
found at: www.ipmsc.org/standards/office
Bury St Edmunds ● Cambridge ● Huntingdon ● Peterborough
Location
The property is prominently located on the A1134
Newmarket Road just 1.5 miles east of the historic city
centre. There is easy access by car from the A14 via
Newmarket Road which is also served by numerous bus
routes , including Park & Ride. Cycle access is excellent with
cycle lanes and routes linking the property with the city
centre. The proposed Chisholm Trail walkway and cycling
route due to open soon will pass adjacent to the property
and link Cambridge central train station with Cambridge
North train station, with a cycle time under 10 mins to both.
Newmarket Road is one of Cambridge’s main arterial roads
and has seen significant development in recent years,
including new hotels, residential and retail. The subject
property is only a short distance from Tesco, ALDI (opening
Spring 2020) and Cambridge Retail Park. Anglia Ruskin
University (ARU) on East Road is less than 1 mile distant and
only 5 minutes cycle (see attached map with cycling
distances and times).
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Description
Modern car showroom prominently located on one of
Cambridge's main arterial roads with planning consent for
154 bedroom student accommodation development. The
current building comprises motor showroom with offices
and storage area on the first floor. There is a car servicing
and valeting bay adjoining. The site area is approximately
0.264 ha (0.652 acres) with parking for around 50 vehicles.
Please note that the current occupier will be relocating to a new purpose built showroom on Cheddars Lane, off Newmarket Road. _________________________________________________ Accommodation
Accommodation
sq ft
sq m Ground Floor 5,817 540.4 First Floor 2,658 246.93 Total 8,475 787.33
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Services
Mains electricity gas and water are believed to be available
to the premises. Interested parties are however advised to
make their own enquiries of the relevant service providers.
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Planning
The property has planning consent for motor car sales and
service centre (sui generis). Planning permission has
recently been obtained for student accommodation with
154 bedrooms - ref. no. 19/0340/FUL. See CGI’s below.
Planning permission was previosuly granted for change of
use to retail (A1) consent ref. 12/0171/EXP. For full details
visit Greater Cambridge Shared Planning at:
www.applications.greatercambridgeplanning.org
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Rates
From enquirers made of the Valuation Office Website the
property has a Rateable Value of £112,000 (2017
Assessment).
_________________________________________________
Note: Barker Storey Matthews is the trading name of Eddisons Commercial Limited. Reg No. 2566342. These particulars do not constitute or form any part of an offer or contract nor may they
be regarded as representations. All interested parties must themselves verify their accuracy. All measurements are approximate. Unless otherwise stated, all prices and rents are quoted
exclusive of Value Added Tax. NIA Refers to Net Internal Area. Where appropriate or stated IPMS 3 relates to the International Property Measurement Standards 1st Edition. A definition can be
found at: www.ipmsc.org/standards/office
Bury St Edmunds ● Cambridge ● Huntingdon ● Peterborough
Price
Offers are invited for the freehold interest with vacant
possession. (The current occupier will be relocating to a
new purpose built show room on Cheddars Lane, off
Newmarket Road).
________________________________________________ Tenure Freehold with vacant possession. _________________________________________________ VAT We understand that VAT will be charged on the price. _________________________________________________ Legal Costs Each party to bear their own costs in relation to this transaction. _________________________________________________ EPC To be supplied. _________________________________________________ Viewing Strictly by appointment with the sole agents:- Barker Storey Matthews Contact: Ben Green 01223 467155 07825 309599 [email protected] _________________________________________________
Planning consent has been obtained for a student accommodation development - computer generated images below:
444 Newmarket Road, Cambridge, CB5 8JL
Cycling times
444 Newmarket Road, Cambridge, CB5 8JL
TESCO
ALDI
CAMBRIDGE RETAIL PARK
PROPERTY
ANGLIA RUSKIN
UNIVERSITY
CAMBRDIGE CITY
CENTRE
GRAFTON CENTRE