The council owns a number of retail parades in or near to residential areas in Cambridge.
Properties are let for five-year periods in accordance with our retail properties lease, which you can find at the bottom of this page.
Unless otherwise specified, all premises are suitable for A1 use only.
Arbury Court is located off Alex Wood Road, approximately three miles north of the city centre.
Our retail properties at Arbury Court comprise 15 shops ranging in size from 442-1,222 square feet (41-114 square metres).
The premises are situated on the ground floor, with residential properties on the 1st, 2nd and 3rd floors.
All shops have large display windows and ample storage and yard space to the rear. Unless it is specifically advertised otherwise, all premises are for A1 use only.
Current tenants include a post office, a chemist and a supermarket.
To find out more about Arbury Court or to arrange a viewing of a vacant unit, email email@example.com or phone 01223 457447.
Retail properties lease
The lease for a retail unit will be in a standard form, with the main terms and conditions set out as below.
Incoming lessees are responsible for any takeover or connection charges and are liable for our legal costs of approximately £650, including a non-refundable deposit of £200 which is payable in advance.
A successful application to let a property is subject to the receipt of satisfactory references.
If a lease is taken in the name of a limited company we will require a personal guarantor.
Please be aware that the form of the final lease may vary slightly and this is provided only as an example.
- The lease is for a term of five years, or such other period as agreed.
- Rent is:
- payable monthly in advance by direct debit
- exclusive of business rates
- exclusive of any VAT which may become payable
- The tenant will reimburse the council the periodic premiums payable by the council in respect of the insurance of the structure.
- The tenant will be responsible for internal non-structural repairs, internal decoration and gas / electrical safety checks, plate glass and fascia.
- The tenant is not to make any alterations or additions which affect the structure or exterior of the building without the prior written consent of the Head of Property and Building Services. Such consent may be given or withheld at his sole discretion.
- The tenant must comply with all statutes and regulations relating to the demised premises including the Health and Safety at Work Act. The tenant is not to cause nuisance from noise, odour or accumulation of materials or waste.
- The tenant may assign the lease subject to the council's standard assignment conditions. The tenant may not sublet any part of the premises.
- The tenant to take a lease in the form prepared by the Director of Legal and Democratic Services and pay all reasonable costs arising therefrom.
- A code for commercial property leases has been prepared to guide business landlords and potential tenants. This is now available from the Royal Institution of Chartered Surveyors (telephone 020 7222 7000).