Retail lets in cathedral city

Retail lets in cathedral city

Eddisons has confirmed the successful letting of three retail units in the Cambridgeshire cathedral city of Ely.

Eddisons was the sole agent under instruction on the three units in the city’s historic centre, 5 Buttermarket and 20-22 Market Place. All three units have been let to independent traders.

The Buttermarket property was formerly occupied by HSBC Bank and its new tenant has a new lease on 153 sq m (1,649 sq ft) of ground floor and first floor accommodation.

The units at Market Place see the consolidation of two previously separate units (20 & 22 Market Place) which have been the premises of two separate residential sales and lettings estate agencies.

The mid-terrace units at 20-22 Market Place gives the new occupier 110.26 sq m (1,188 sq ft) of accommodation over two floors with prominent display frontage to the popular market square.

Laurence Gercke, of the Cambridge office of Eddisons, led the marketing of the instructions.

He said, “The opening up of retail opportunities post-lockdown is something property agents are keeping a weather eye on.

“Our ongoing experience in this sector would indicate that good, well presented units in vibrant, compact and accessible locations – such as Ely’s historic city centre – are proving attractive to
independent traders.”

For more information on retail units to let in Ely and Cambridge, please contact Laurence Gercke at Eddisons on 01223 467155 or [email protected].