That's the view of commercial property agency Barker Storey Matthews whose latest retail property instruction in Cambridge is 32 Fitzroy Street - the two-storey property that was formerly the home of Dunkin' Donuts.
The property offers 186.39 sqm (2,007 sq ft) of retail space spread across the two floors. The ground floor is 91.11 sqm (1.067 sq ft) and the first floor measures 82.28 sqm (940 sq ft).
The Cambridge commercial property is available by assignment of the existing lease, which has just under six and a half years remaining (expiring February 2024), and benefits from a walk-in refrigeration and freezer unit, air conditioning, service yard to the rear, as well as additional outside seating.
Laurence Gercke, Associate Director, Barker Storey Matthews, who is the property agency's retail specialist in Cambridge, believes that the redevelopment of the Grafton Centre is giving a new profile to the retail and leisure offering of the Centre's ‘feeder streets'.
He explains, "The soft launch of the revamped Grafton Centre has already attracted much attention in the city and this is before the full facelift is unveiled.
Traders in the vicinity of Fitzroy Street and Burleigh Street can only benefit from the £28 million investment by LGIM Real Assets (Legal & General).
There is a renewed buzz around the area and a thriving cafe culture - due, in no small part, to the growing number of students on the nearby Anglia Ruskin University campus who are returning to swell the footfall on Fitzroy Street and the surrounding area this autumn."
To arrange a viewing of 32 Fitzroy Street or for more information, please contact Laurence Gercke, 01223 467155, firstname.lastname@example.org or see www.bsm.uk.com/property/retail-property-cambridge-central/5967