Free Press 7 Prospect Row Cambridge Cambridgeshire CB1 1DU
Price: Buy: POA
Size: 1335 sq ft124 sqm Primary Category: Leisure All Categories:
Leisure, Property Ref/Movehut: MH400443 Property Ref/Agent: 18
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: March 19, 2019
Traditional & historic leasehold premises in a highly desirable location in central Cambridge with potential to increase sales.
124 sq m Gross External Area - (1,335 sq ft)
2 atmospheric bar areas
Walled trade garden (with large awning)
Well-equipped commercial trade kitchen
2 bed domestic accommodation
Highly desirable location in central South West Cambridge within walking distance of the Grafton Centre, Christs Piece and Parkers Piece. Anglia Ruskin Universitys recently refurbished Cambridge campus is also located nearby.
The Free Press is a 2 storey brick built property under pitch slate with single storey extensions to the rear.
The propertys 2 atmospheric bar areas are each accessed from Prospect Row; the main bar catering to 18 covers with 6-8 more in the famous snug area. The secondary bar serves 34 more. Both are supported by the same wooden servery. A good-sized commercial kitchen and male & female WCs are also present at ground floor level with a sizeable basement cellar below.
The internal trade areas are supplemented by a walled trade garden with large awning at its centre. There are also picnic benches to the front of the property and more to the side with a smoking area.
The private accommodation consists of 1 double bedroom, 1 single, bathroom and a lounge with kitchenette.
Externally the property also benefits from a single parking space to the side along with a rear garage, which could provide space to extend the property, subject to the necessary consents.
The ground floor footprint of the property (GEA) extends to approximately 124m (1,334 sq ft) and the rear garage extends to a further 14m (150 sq ft). The area of the site is approximately 265m or 0.07 acres.
We are advised that the property is not listed but is situated within a Conservation Area.
Prospective purchasers are advised to make their own enquiries to Cambridge City Council at , or by telephone on 0.
The property is held on a partially tied lease from Greene King dated 31/03/2010, for a period of 20 years. The current rent payable is 36,235.80 per annum.
Trading Figures & Turnover
Accounts can be made available to genuinely interested parties.
There is genuine potential to increase both wet & dry sales through extended trading hours and changes to the current offer.
Rates & Charges
12,334.25 per annum (based on a Rateable Value of 25,750)
1176.12 per annum (Council Tax Band: B)