INVESTMENT FOR SALE

Prominent Central Cambridge Investment

Virtual Freehold

Let to the excellent covenant Nisbets PLC

Passing rent of £75,000 per annum

Offers in excess of £1,180,000 reflecting a

NIY of 6% after costs.

Unit 1a, The Marque, Hills Road, Cambridge, CB2 8RJ

THE MARQUE

The Marque is Cambridge's tallest residential building

offering luxurious contemporary living to the City.

It comprises nine storeys of residential development

consisting of 92 luxury private apartments and 14,121 ft2 (GIA)

of highly prominent rime retail space in a highly affluent central

Cambridge location.

The retail space consists of four units which have been let to

Co-Operative

Costa Coffee

Carter Jonas

Nisbets

CAMBRIDGE

Cambridge is a highly prosperous regional centre located

approximately 53 miles to the north of London, providing major

retail and local amenities serving Cambridgeshire and the

surrounding areas. Home to the world renowned Cambridge

University it is a centre of academic excellence and the

epicentre for Bio-med, Bio Tech and Life Sciences research.

Cambridge Railway Station lies to the North of The Marque

approximately 0.38 miles, providing direct services to King’s

Cross Station (journey times approximately 50 minutes). The

M11 motorway (Junction 12), is located to the west of

Cambridge and connects to Stansted airport and London. The

A14 (Junction 35) dual carriageway Located to the east of

Cambridge provides connections to Bury St Edmunds to the

East and Huntingdon and the Midlands to the North-West.

The immediate area surrounding The Marque is highly

affluent and densely populated and is in very close proximity to

the city’s vibrant and fast changing prime business district of

Hills Road and Station Road, home to Microsoft who relocated

their European Research HQ to here in 2013. The property is

also directly opposite Cambridge Leisure with a wide range of

restaurants, a bowling alley and cinema.

Accommodation 3,520 Sq Ft 327 Sq M

Gross Frontage 98 Ft. 29.98

Average Shop Depth 37 Ft. 11.29

DESCRIPTION

The property is arranged on the ground floor only to provide a newly fitted out kitchen

equipment showroom. The unit will be fitted out with three large glazed retail windows

and a loading door to the rear of the property. There is also a shared service corridor

and refuse area with the Co-Op.

The unit has A1 Retail, A2 Financial & Professional Services and B1 Offices planning

permission.

The property has been measured In accordance with the RICS Code of Measuring

Practice (6th Edition), the property has the following Gross Internal Areas:

THE TENANT

Established in 1983 on the basic principle of high quality catering equipment affordably priced. Today Nisbets products cover everything from refrigeration to pastry, cooking machines to knives, and everything in between.

Nisbets, understand the pressures of a commercial kitchen and making your life easier is at the heart of what they do;

Nisbets head office is based in Bristol, with offices in Ireland, Holland, Belgium, Germany, France, Spain and Australia. Plus their export division ships to over 100 countries worldwide.

Nisbets PLC, Company number 1693112 have rented the property, for a term

of 10 years from 04.09.15 at a rent of £75,000 per annum which equates to

£21.31psf overall. The lease allows for a upward only rent review at the end of

5th year.

Nisbets PLC have a turnover to year ended 2014 of approximately

£226,743,019 with a pre-tax profit of approximately £28,448,285.

2013 Year end turnover approximately £194,444,191 with a pre-tax profit of

approximately £27,262,775.

*Photos supplied by Nisbets illustrating their fit out.

PRICE

Offers in excess of £1,180,000 reflecting a NIY of 6% after costs.

Long Leasehold. Held for a term of 999 years from 1st January 2014 at a fixed ground rent of £1 per annum.

VAT

We are advised VAT is payable.

ENERGY PERFORMANCE CERTIFICATE

Available on request.

VIEWING

Strictly by appointment through Carter Jonas 01223 315 716

Samuel Turner Retail/Leisure/Hotels

01223 326 805 / 07800 571 972 Samuel.Turner@carterjonas.co.uk

IMPORTANT INFORMATION

Our property particulars do not represent an offer or contract, or part of one. The information given is without responsibility on the part of the agents, seller(s) or lessor(s) and you should not rely on the information being factually accurate about the property, its condition or its value. Neither Carter Jonas LLP nor anyone in its employment or

acting on its behalf has authority to make any representation or warranty in relation to this property. We have not carried out a detailed survey, nor tested the services, appliances or fittings at the property. The images shown may only represent part of the property and are as they appeared at the time of being photographed. The areas,

measurements and distances are approximate only. Any reference to alterations or use does not mean that any necessary planning permission, building regulation or other consent has been obtained. The VAT position relating to the property may change without notice.

William Rooke Investment & Development

01223 326 815 / 07899081027 William.Rooke@carterjonas.co.uk