68 And 68A Mill Road CB1

68 And 68A Mill Road CB1

1,052 sq ft (97.7 sq m)

Cambridge 0.4 miles
Cambridge North 1.9 miles
Shelford 3.6 miles

68 and 68A Mill Road comprises one ground floor retail unit with one residential flat above (referred to as 68A Mill Road). The flat has one double bedroom with living area, kitchen and bathroom. The building is thought to be from the late Victorian era and is built of brick construction under a pitched slate tiled roof.

The ground floor retail unit is occupied by Damas Bridge, a Lebanese takeaway and restaurant, and benefits from corner frontage facing onto Mill Road and Mawson Road.

Key Features

  • Excellent exposure onto Mill Road
  • A short walk to Cambridge city centre
  • Passing rent £24,200 per annum
  • OIEO £475,000 / 4.87% NIY
  • The ground floor shop operates under Use Class E and the residential flat operates under Use Class C3 of the Town and Country Planning (Use Classes) Order 1987 (as amended).
  • 68A Mill Road EPC: D 68 Mill Road EPC: Pending

Location

Cambridge is approximately 60 miles north of London, 28 miles west of Bury St Edmunds and 20 miles east of Huntingdon with road links to the midlands and the north. The Property is situated to the south east of the city in a prominent location with good visibility along Mill Road. Mill Road has grown in popularity in recent years and it is a popular destination for local residents and students due to the array of vibrant independent shops and pubs.

68 Mill Road & 68A Mill Road benefit from corner frontage and the ground floor is exposed to fluid pedestrian movement along Mill Road throughout the day.



Terms & Conditions

The ground floor shop is occupied by Damas Bridge restaurant under a 13 year lease expiring in February 2024. The shop will have a passing rent of £14,000 per annum from February 2022.

The first floor flat is let on an Assured Shorthold Tenancy Agreement until March 2022 and has a passing rent of £850 per calendar month.

Key Property Details
Tenure
Freehold £475,000 Offers in excess of
Size
1,052 Sq Ft 97.7 Sq M
Type
Retail Residential Institutions
Carter Jonas reference
20012491
Property agent
Lucy Atkins
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