Property Information
Address:
184-186 Victoria Road Cambridge Cambridgeshire CB4 3DZ
,
CB4 3DZ
Price: Property no longer available.
Size: 2045 sq ft189 sqm
Primary Category: Leisure
All Categories:
Leisure,
Property Ref/Movehut: MH582315
Property Ref/Agent: 260
*Please use the agent ref when calling the agent directly.
Property description
Free of Tie Cambridge leasehold
Key Points
190 sq m Gross External Area - (2,045 sq ft)
Character freehouse in central Cambridge
Traditional bar and dining areas
5 letting rooms with dedicated and ensuite bathrooms
Wood burning clay pizza oven
Dedicated parking, patio and covered outside areas
Established business with growing turnover
Location
The Carpenters Arms is situated to the Northern side of Cambridge on the ring road (A1134) in a mixed residential and commercial area. Nearby are Castle Park, office and student park, The Westbrook Office Centre and several student halls of residence and colleges.
Property
The semi-detached two storey property is of brick construction with pitched tiled roof. The main bar is regularly used for live music and is catered to by a renovated wooden servery, accommodating 20 covers, including chesterfield sofas and bar stools. Adjacent is a secondary bar area with a mix of fixed and loose seating, including new bespoke banquette seating, for anadditional 25 covers.
To the other side of the main servery is a more formal dining area which caters to around 30 covers, ideal for private parties and groups. Here, access is gained directly to a well-equipped commercial kitchen with storage and wash up areas.
The property has recently been extended from the back of the kitchen to house further storage/prep areas and a wood burning pizza oven along with its own servery onto the enclosed rear patio. A substantial basement cellar provides ample storage with access from the bar.
The 1st floor of the property consists of 5 large letting bedrooms, with a mix of ensuite and dedicated bathroom facilities, all of which are double, twin or family rooms. Self contained access can be obtained directly from Victoria Road.
Externally, the property provides a gravel car park and a covered patio area for an additional 50+ covers, with a varierty of seating including picnic benches and chesterfield sofas. A detached garage is used for storage purposes.
The area of the site, as measured from digital mapping, is approximately 0.11 acres and the ground floor footprint extends to c. 190m (1,990 sq ft).
Planning
We are advised that the property is not listed but does fall within a conservation area.
Prospective purchasers are advised to make their own enquiries to Cambridge City Council at or by telephone on 0.
Business
The business is highly profitable with consistently high levels of turnover but offers further opportunity to increase sales in all areas of the business. The fresh and imaginative food menu has achieved an AA Rosette. Accounts can be made available to any genuinely interested parties.
Lease Terms
The property is held on a 15 year lease from 2014 at a current passing rent of 35,000 pax from a private landlord. There are no purchasing ties or supply agreements in place.
Offers are invited for the leasehold interest, inclusive of all trade fixtures and fittings.
Rates & Charges
Business Rates
13,560.60 per sq ft (based on a Rateable Value of 29,100)
Council Tax
Available on enquiry
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