Retail investment with a bite: Subway premises comes to the market in Cambridge
21 November 2012
On behalf of a private investor, Savills has brought a centrally located retail unit in Cambridge to the market at a guide price of £350,000.
Located at 19 Hills Road, the retail unit totals 1,706 sq ft (159 sq m) over ground and basement floors and is currently let to sandwich operator Subway by way of a 15-year lease at an annual rent of £25,000.
William Clarke, associate at Savills Cambridge, comments: “Positioned less than half a mile from both Cambridge city centre and the railway station, the property boasts a prominent corner site on one of the city’s main through-fares making it a prime spot for Subway. Cambridge has a lack of retail investment opportunities and this store offers an interesting prospect to acquire a unit let to an established high street brand.”
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