TypeShops

PE19 Former Budgen Store, Tebbutts Road, St Neots

TenureFor rent

Former Budgen Store, Tebbutts Road, St Neots, PE19 1/2

Specification

Building size
Building size 1,743 sqft
Property type
Property type Shops
Tenure
Tenure For rent

Description

Ground Floor Retail Unit Let to Poundstretcher Ltd on 10 Year Lease at a Rent of £135,000 Per Annum. Planning Permission Granted for ten 1 and 2 Bed Flats and Residents Gymnasium at First Floor Level. Ground Floor - 1,343 sq m (14,460 sq ft); First Floor - 851 sq m (9,157 sq ft) Approx.

Location

The property comprises a large two storey retail unit, constructed in the mid 1980's of brick with tile roofing and a glazed retail frontage along Moores Walk. The ground floor is predominantly open plan with ancillary staff facilities, rear storage and loading bay. The first floor currently provides a large open plan area and most recently has been used for storage and staff facilities.

St Neots is the largest Town in Cambridgeshire located on the banks of the River Great Ouse with, according to recent estimates, over 32,500 population living within the urban area. Adjoining and nearby settlements falling within the extra urban area, such as Little Paxton, contain a population considerably in excess of 40,000 residents. When feeder communities which rely on St Neots as a hub for services are considered, the catchment is estimated to be in excess of 80,000. Furthermore, Cambridgeshire has the highest County growth rate in the UK and St Neots has the fastest rate of population growth within the County. Benefiting 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. It also enjoys excellent road communications with London and the east coast ports, being located at the intersection of the A1 trunk road and the A428/A421 Cambridge - Bedford M1 - Milton Keynes route. The opening of the A14 (A1/M1 link) in 1997 has also significantly improved accessibility to the Midlands and the North West. The town has a good range of shopping facilities with many national multiple retailers represented, including Boots, Waitrose, Dorothy Perkins, Fat Face, Edinburgh Woollen Mill, Marks & Spencer Simply Food and Argos. There are a range of smaller retailers and Beales department store. St Neots also benefits from a 6 screen cinema (Cineworld) and 4 restaurants including Pizza Express, Prezzo and Frankie and Benny's.

Amenities

Ground Floor Retail Unit Let to Poundstretcher Ltd on a Ten Year Lease at a Rent of £135,000 per annum

Potential for First Floor to be Converted to Residential

Planning Application Submitted for Ten 1 and 2 Bed Flats and Residents Gymnasium

Located Opposite Argos and in Close Proximity to Town Centre Car Parks

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