Iceland, Newmarket

 

Unit 1-3, Crown Walk, Exeter Road, Newmarket, CB8 8NG

Offers in excess of
N/A
Acquired
Type - Commercial
Tenant type - Supermarket
  • Tenure: Freehold
  • Gross Rent: £66,000
  • Lease Term: Let until Jan ‘28
  • VAT applicable?: Y

Property Description

  • Freehold Blue-Chip, Town Centre Supermarket Investment
  • Comprising a total of 761.4 sq m (8,196 sq ft).

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 Ponden Home Interiors, 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

  • Entirely let on a new lease to Iceland Foods Limited until 2028 (no break).
  • Fixed rental increase 2021.

captcha

Your Agent for this listing

x

Find a Property

Don’t miss out on our latest opportunities!
Click here to register your investment profile with us in 2 minutes.
You can specify your preferred Budgets, Property Types and Locations, meaning our emails will remain bespoke and relevant.
To discuss your specific requirement further, call us on +44 208 954 0878

Register My Profile