Tower Road, Little Downham CB6

Tower Road, Little Downham CB6

£18,750 per month £4,327 per week
Ely 3.3 miles
Littleport 4 miles
Manea 5 miles

Versatile commercial space located on the edge of Little Downham extending to 1,684 sqft (156 sqm)

Versatile commercial space located on the edge of Little Downham extending to 1,684 sqft (156 sqm)

Self-contained commercial space situated on the ground floor of a historic Grade 2* Listed red brick building, with ample parking and shared facilities.

Property
The Property comprises 1,684 sqft of versatile commercial space, with brick flooring and walls under a Pantile roof. The Property benefits from an open fireplace and small kitchenette to the rear which can be accessed from a secondary entrance. The Property is secured with a intruder alarm. There is a shared lobby area which gives access to the main entrance of the Property, as well as an area on the first floor which is let to a third party. Accessed from the entrance lobby are recently renovated male and female w/c facilities.

Location
Old Bishops Palace is situated north of the village of Little Downham, with direct access from Tower Road. The B1411 provides access to the A10 and the wider road network, while also benefitting from a cycle path. The train stations at Ely (3.32 miles) and Littleport (3.98 miles) offer connectivity to further transport links. Both train stations offer a short cycle commute to the Property, with Ely and Littleport stations located within a 25 minute cycle.

Parking
There is a car park to the front of the building which offers ample space. This car park will be shared with the first floor tenant.

Use Class
The Property is to be occupied under Use Class E (Commercial, Business and Service).

Parking
There is a car park to the front of the building which offers ample space. This car park will be shared with the first floor tenant.

Use Class
The Property is to be occupied under Use Class E (Commercial, Business and Service).

Tenure & Possession
The Property is available immediately to a single occupier.

Access
The Property is accessed directly from Tower Road via a private driveway.

Outgoings
The incoming Tenant will be responsible for all outgoings, including any taxes associated with the letting.

Term
The Landlord is ideally seeking a long-lease, however there is flexibility in agreeing the term on an individual basis.

Rent
A guide rent of £18,750 per annum.

Repairing Obligations
The Property is available by way of a Full Repairing and Insuring Lease (FRI Lease).

Use
The Property is to be occupied under Use Class E (commercial, business and service).

Services
The Property is connected to mains electricity and water, with private drainage. Water and electricity will initially be charged on a sqft basis to each occupier; however this will be reviewed based on usage.

Rateable Value
Rates payable: £6,611.75 per annum.

Legal and Agent Fees
£500 plus VAT to be paid by the incoming Tenant for the formalisation of the lease, reflecting a contribution towards the Landlord’s legal costs and Agent’s fees.

Anti-Money Laundering
In order to comply with current anti-money laundering regulations, Carter Jonas will require certain information for the successful applicant. In submitting an application, you agree to provide such information when the terms are agreed.

Wayleaves, Easements & Rights of Way
The Property is let subject to, and with the benefit of, all existing wayleaves, easements, covenants and right of way, whether or not disclosed.

Health & Safety
All viewings are carried out at the sole risk of the viewer and neither the letting Agent nor the Landlord takes responsibility.

VAT
Any guide rents quoted or discussed are exclusive of VAT.

EPC Ratings
The Property has a current EPC rating of D. A copy of the certificate is available upon request.

Local Authority
East Cambridgeshire District Council
The Grange
Nutholt Lane
Ely
Cambridgeshire
CB7 4EE

Viewings
Viewings are by appointment only, and to be arranged through the Agent.

Directions
From A10: Follow the B1411 north into Little Downham. On Main Street, take the right-hand turn onto Tower Road, travelling north and the Property will on the right-hand side.

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Carter Jonas Contacts
Issi Hinton
Jasmine Holland

The next steps...

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

  • They do all the legwork for you, working on your behalf with the lender
  • They compare wholesale mortgage rates from a large number of banks and lenders all at once
  • Their wholesale interest rates can be lower than retail (bank branch) interest rates
  • They offer more loan options because they work with numerous banks and lenders
  • They can finance tricky deals because of their knowledge and various lending partners
  • They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

  • You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
  • You may already know the banker who will handle your mortgage
  • Banks may be more accountable than a smaller shop
  • They may offer lower interest rates in some cases
  • Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.

Key property details
Letting fees
Download Letting Fees
Carter Jonas reference
CBR250001
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