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Ponden Home, Newmarket

Units 2-3, Crown Walk, Exeter Road, Newmarket, CB8 8NG

Basic Facts

Property ID: 4928 Post Updated: 2019-06-24 10:41:23
Status: Type:
Tenure: Freehold Gross Rent: £ 27,360
Lease Term: 10 years from May '09 VAT applicable: Yes

Property Description

  • Freehold, Blue-Chip Retail Investment
  • Ground floor retail unit with ancillary above totalling circa 3,500 sq. ft.
  • Dedicated servicing access to the rear

Location Description

  • Newmarket is well known as the headquarters of British horse racing and has a resident population of some 20,000.
  • The town is located 13 miles east of Cambridge and 14 miles west of Bury St Edmunds and is served by both the A14 and A11 dual carriageways, providing access to the M11 Motorway
  • The property is located in Crown Walk, a shopping precinct located at the north-western end of the High Street.
  • Occupiers close by include Iceland, Prezzo, NatWest, Ladbrokes, Bathstore and a variety of local traders.
  • A large multi-storey car park is immediately to the rear of the property

Additional Notes

  • Unit is currently occupied by one retailer but could be re-let in future as two self-contained units.
  • Notice has been served on the tenant in respect of the outstanding 2016 rent review quoting a rent of £35,000 p.a.

Features

Blue-chip tenant
Freehold
No Break clauses
Reversionary Opportunity
Suitable for a SIPP

View on Map

Current Opportunities

Current Opportunity

Retail & HMO, Southall

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Current Opportunity

Tesco Express, Twickenham

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4157 sq ft
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Tesco, Shepherds Bush

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Gross Yield % 5.5
3800 sq ft
£ 2,200,000
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Vacant Retail Unit, Wokingham

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Domino’s, Colchester

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3500 sq ft
£ 450,000
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Swan Pub, Wimslow

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Gross Yield % 7.3
2500 sq ft
£ 450,000
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Bathroom Shop & 8 Flats, Kenton

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£ 2,500,000
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Pizza Hut, St. Albans

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1042 sq ft
£ 440,000

Specsavers, Savers & Comfort Sofa’s

66 Boothferry Rd, Goole DN14 5BT, UK View on map
Gross Yield % 7.9
7586 sq ft
£ 650,000
Current Opportunity

Newly Refurbished Warehouse & Offices, Sutton

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Gross Yield % 8
11300 sq ft
£ 2,000,000

Boots & Flat, Chingford, Greater London

9-11 Old Church Rd, Chingford Mount, London E4 6SJ, UK View on map
Gross Yield % 5.8
3792 sq ft
Call for price
Current Opportunity

Co-op Food, Bermondsey

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5326 sq ft
£ 2,450,000

Iceland, Houghton-Le-Spring

15 Newbottle St, Houghton le Spring DH4 4AP, UK View on map
1292.70 sq ft
£ 1,300,000
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Shop & 3 flats, Redhill

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Nail Salon, Stanmore, Greater London

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692 sq ft
£ 425,000
4992 sq ft
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Bodycare, West Bromwich

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High Yield

Mixed Parade (Card Factory, Greggs & Restaurant), Boscombe

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Victorian Shopping Arcade, Walsall

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35724 sq ft
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