Cambridge Development Opportunity Freehold Price on Application
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Cambridge 01223 370055 Nottingham 0115 8246442 Leeds 0113 4508558 Acquisitions Disposal Landlord & Tenant Expert Witness Professional Services [email protected] Cambridge Development Opportunity Freehold Price on Application Cambridge Development Opportunity, 16 Chesterton Road, Cambridge, Cambridgshire, CB4 3AX AT A GLANCE REDEVELOPMENT OPPORTUNITY FOR MIXED USE/RESIDENTIAL SCHEME (STNC)ATTRACTIVE POSITION ON THE RIVER CAM CONDITIONAL BIDS WILL BE CONSIDERED 4 STOREY STRUCTURE WITH EXISTING PLANNING FOR RECREATION AND LICENCED USE (19/0046/FUL) ATTRACTIVE POSITION ON RIVER CAM FIRE DAMAGED IN 2015 BUT WITH STRENGTHENING WORKS SUBSEQUENTLY UNDERTAKEN Everard Cole for themselves and for the vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for theProperty Location guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Everard Cole Limited A substantial property that was originally built as a cinema but was most recently Cambridge is an internationally renownedhas affluent city on the any authority to make or give any representation or warranty whatever in relation to this property.operating as a public house. The building was subject to a major fire in 2015 which River Cam which is located approximately 50 miles north of has led to the roof of the building collapsing. Since then work has been undertaken London. The city is dominated by the attractive Cambridge to strengthen the structure of the existing building. University college buildings which back on to the River Cam. Recently planning permission (19/0046/FUL) was obtained for:- Road and rail communications are good with the M11 Motorway and A14 provide access to London, the North and 'Alterations and repairs to building including reinstatement of frontages and side East Anglia. Cambridge railway station provides regular walls, bricking up of some openings, replacement windows and fire escape. Creation services to London Kings Cross and London Liverpool Street of second floor element and enclosed roof terraces to first and second floor. Part with fastest journey times of 45 minutes. change of use of the existing building to recreational uses'. The Tivoli occupies a prominent position on the Chesterton Plans provided show the extent of this proposed scheme. Road (A1303), which is to the north of the main city centre, close to its junction with the A1134 Victoria Road. The River The site lends itself to redevelopment in whole or part, subject to obtaining the Cam runs along the southern boundary of the site with the necessary consents. Jesus Green and Midsummer Common parks occupying the land immediately to the south of the river. The area is subject Planning to significant redevelopment in and around the surrounding We are advised the building is not Listed but does fall within a Conservation Area. area of 'Mitcham's Corner'. The relevant local authority is Cambridge City Council https://www.cambridge.gov.uk/. Map Everard Cole The Business Our client does not have access to historic trading information. Rates & Charges Rateable Value TBC The government is introducing a business rates holiday for retail, hospitality and leisure businesses in England for the 2020 to 2021 tax year (18 March 2020). Map data ©2021 Terms of Use Measurements Cambridge Development Opportunity, 16 Chesterton Road, The site has an approximate area of 0.048 ha (0.12 acres). Cambridge, Cambridgshire, CB4 3AX Tenure Viewing and Further Information Offers are invited for the freehold interest on either an unconditional basis, subject Tom Nichols to the existing planning permissions, or on a conditional subject to planning basis. 01223 370 055 07715 054959 [email protected] Considering SELLING, BUYING, or want a Contact Everard Cole for no obligation, professional and VALUATION? confidential advice. Cambridge 01223 370055 Nottingham 0115 8246442 Leeds 0113 4508558 Acquisitions Disposal Landlord & Tenant Expert Witness Professional Services [email protected] Cambridge Development Opportunity Freehold Price on Application Cambridge Development Opportunity, 16 Chesterton Road, Cambridge, Cambridgshire, CB4 3AX AT A GLANCE REDEVELOPMENT OPPORTUNITY FOR MIXED USE/RESIDENTIAL SCHEME (STNC)ATTRACTIVE POSITION ON THE RIVER CAM CONDITIONAL BIDS WILL BE CONSIDERED 4 STOREY STRUCTURE WITH EXISTING PLANNING FOR RECREATION AND LICENCED USE (19/0046/FUL) ATTRACTIVE POSITION ON RIVER CAM FIRE DAMAGED IN 2015 BUT WITH STRENGTHENING WORKS SUBSEQUENTLY UNDERTAKEN Everard Cole for themselves and for the vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for theProperty Location guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Everard Cole Limited A substantial property that was originally built as a cinema but was most recently Cambridge is an internationally renownedhas affluent city on the any authority to make or give any representation or warranty whatever in relation to this property.operating as a public house. The building was subject to a major fire in 2015 which River Cam which is located approximately 50 miles north of has led to the roof of the building collapsing. Since then work has been undertaken London. The city is dominated by the attractive Cambridge to strengthen the structure of the existing building. University college buildings which back on to the River Cam. Recently planning permission (19/0046/FUL) was obtained for:- Road and rail communications are good with the M11 Motorway and A14 provide access to London, the North and 'Alterations and repairs to building including reinstatement of frontages and side East Anglia. Cambridge railway station provides regular walls, bricking up of some openings, replacement windows and fire escape. Creation services to London Kings Cross and London Liverpool Street of second floor element and enclosed roof terraces to first and second floor. Part with fastest journey times of 45 minutes. change of use of the existing building to recreational uses'. The Tivoli occupies a prominent position on the Chesterton Plans provided show the extent of this proposed scheme. Road (A1303), which is to the north of the main city centre, close to its junction with the A1134 Victoria Road. The River The site lends itself to redevelopment in whole or part, subject to obtaining the Cam runs along the southern boundary of the site with the necessary consents. Jesus Green and Midsummer Common parks occupying the land immediately to the south of the river. The area is subject Planning to significant redevelopment in and around the surrounding We are advised the building is not Listed but does fall within a Conservation Area. area of 'Mitcham's Corner'. The relevant local authority is Cambridge City Council https://www.cambridge.gov.uk/. Map Everard Cole The Business Our client does not have access to historic trading information. Rates & Charges Rateable Value TBC The government is introducing a business rates holiday for retail, hospitality and leisure businesses in England for the 2020 to 2021 tax year (18 March 2020). Map data ©2021 Terms of Use Measurements Cambridge Development Opportunity, 16 Chesterton Road, The site has an approximate area of 0.048 ha (0.12 acres). Cambridge, Cambridgshire, CB4 3AX Tenure Viewing and Further Information Offers are invited for the freehold interest on either an unconditional basis, subject Tom Nichols to the existing planning permissions, or on a conditional subject to planning basis. 01223 370 055 07715 054959 [email protected] Considering SELLING, BUYING, or want a Contact Everard Cole for no obligation, professional and VALUATION? confidential advice. Cambridge 01223 370055 Nottingham 0115 8246442 Leeds 0113 4508558 Acquisitions Disposal Landlord & Tenant Expert Witness Professional Services [email protected] Cambridge Development Opportunity Freehold Price on Application Cambridge Development Opportunity, 16 Chesterton Road, Cambridge, Cambridgshire, CB4 3AX AT A GLANCE REDEVELOPMENT OPPORTUNITY FOR MIXED USE/RESIDENTIAL SCHEME (STNC)ATTRACTIVE POSITION ON THE RIVER CAM CONDITIONAL BIDS WILL BE CONSIDERED 4 STOREY STRUCTURE WITH EXISTING PLANNING FOR RECREATION AND LICENCED USE (19/0046/FUL) ATTRACTIVE POSITION ON RIVER CAM FIRE DAMAGED IN 2015 BUT WITH STRENGTHENING WORKS SUBSEQUENTLY UNDERTAKEN Property Location A substantial property that was originally built as a cinema but was most recently Cambridge is an internationally renowned affluent city on the operating as a public house. The building was subject to a major fire in 2015 which River Cam which