Overview
- Retail
Description
Location
LOCATION: St Neots is an expanding Town in Cambridgeshire located on the River Great Ouse with a population of over 32,500. Benefitting from its rail links to London Kings Cross (typical journey time of 50 minutes), the town has seen a considerable expansion of its commerce and industry in recent years.
The town's rapid growth is further illustrated by the approval of c.4,000 homes, additional employment space and a new school through the new Loves Farm Phase II and Wintringham Park developments. It also enjoys excellent road communications via the A1, A428, A421 and A14.
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 2,233 sq ft property comprises a mid-terrace building of traditional masonry construction, with the external walls of stone facing and facing brick. The property has accommodation spread over three levels, with the ground providing retailing, 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). The property was granted planning for conversion to create three one-bedroom flats to the upper floors whilst retaining retail to the ground floor - Huntingdonshire District Council: 24/01855/P3JPA.
BUSINESS RATES: Rateable value (2026) - £31,250
SERVICES: We are advised that mains services are connected to the premises (electricity, water & drainage).
TENURE
Leasehold: 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 £35,000 per annum exclusive.
Freehold: The freehold interest of the property is being offered for sale with vacant possession at a guide price of £360,000.
All figures quoted are exclusive of any VAT which the landlord/vendor has a duty to impose.
Summary
Key points
- FOR SALE / TO LET: Town Centre Retail Premises with Development Potential
- 2,233 sq ft (207.65 sq m) town centre retail premises
- Prime location next to Costa Coffee and Specsavers
- Planning for the development of three one-bedroom flats to the uppers floors
Contact
prop-search.com
Tel: 01933 223300
Samantha Jones
samjones@prop-search.com
www.prop-search.com
EPC
Contact Information
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