eat,shop Catering and Retail opportunities One The Square, Cambridge

Contents 1 Introduction 2 A major retail opportunity in the heart of CB1 6 The facts that make CB1 perfect for retailers 8 Summary One The Square is the stand-out address in the major mixed use regeneration project, CB1, creating a new gateway for the city. The development will transform the Station Road area and provide a state-ofthe-art transport interchange and a magnificent new public square, flanked by prestigious grade A offices, retail space, restaurants and a hotel. This is an excellent opportunity to serve the travelling public including close to 10 million commuters per year, in addition to office-workers, tourists and local residents. The area around the station is set to become a vibrant hub with day-long footfall. One The Square provides 13,300 sq ft of retail/catering floorspace with 129,000 sq ft of grade A offices above, available September 2016. 1

A MAJOR RETAIL OPPORTUNITY IN THE HEART OF CB1 One The Square unit details Units Frontage NIA: sq m sq ft Unit G.14 Station Square & 416 4,478 Great Northern Road Unit G.15 Station Square 231 2,487 Unit G.16 Station Square 176 1,895 Unit G.17 Station Square 117 1,259 Unit G.18 Station Square 295 3,175 Total 1,235 13,294 Flexible framework Indicative layout subject to variation Office Unit G.14 Unit G.18 Unit G.17 Unit G.16 Unit G.15 One The Square provides a total of 13,294 sq ft of retail and restaurant (A1 and A3 planning consent) floorspace. The new units total a combined frontage of over 110 metres. In addition to a refurbished station, a new 231 bed Ibis Hotel and a cycle park for 3,000 bikes, additional restaurant and retail space is being built simultaneously. Flexibility and accessibility The retail units are flexible in terms of division walls and will have a typical floor to ceiling height of 3.4 metres. There will be rear servicing arrangements. External seating areas could spill out under the frontage colonnade. 2 3

570,000 sq ft 331 units Hotels 402 beds E KG N ROAD AT E ROAD OO A vibrant new public space Station Square will be partly pedestrianised, allowing access by public transport, bikes and taxis only. STATIO BR ENS 9.825 M pa N ORTHER Commuters N GREAT 1,000 rooms NU VE DA AN Students CLOSE KL OO R O AD BR LL S HI Residential TE R RA CE Offices N ROAD TENISO GARD WORTH RAVENS 40,000 sq ft Retail/restaurants N WARRE VIN TE R Key CB1 totals The new landscaping will provide ample seating in an open piazza style, spilling from the colonnaded retail frontage. The new Station Square The approach to One The Square from Station Road showing its open aspect and wide public spaces. TION STA ARE SQU STATION PLACE IBIS HOTEL AND CYCLE PARK CAMBRIDGE One The Square retail units 4 5

THE FACTS THAT MAKE CB1 PERFECT FOR RETAILERS As this selection of statistics shows, Cambridge is prospering and this is feeding through to the retail industry. Cambridge Station users Cambridge is the most used station in the East of England measured by entrances and exits of passengers 9.825m The retail units at One The Square offer exciting opportunities to benefit from the future growth forecast for Cambridge. rail passengers per annum Tourism spend breakdown Total tourism related expenditure: 405,141,000 Total number of visitors: 5,362,300 (Cambridge City 2013, Economic Impact of Tourism) ACCOMMODATION 24% OTHER 25% shopping, eating and sleeping CATERING 31% 30 minutes to London Stansted 50 minutes to London by train Cambridge has excellent transport links One The Square is within 50 metres of the railway station providing fast rail links to London King s Cross, Stansted and the region. The building will front the new Station Square. Higher average earnings in Cambridge People working full time in Cambridge have higher average weekly earnings than the national average. 4th fastest in uk cambridge city HAs the fourth fastest growing population (ORR 2014) Cambridge population forecast By 2031, the population of Cambridge is estimated to increase by between 29,700-53,000 (from 121,300 in 2011) to between 151,300-174,300. RETAIL 20% 151,300 174,300 EXPECTED POPULATION IN CAMBRIDGE BY THE YEAR 2031 250 per sq.ft EXPECTED prime zone a rents for retail premises (PROMIS 2013) (NOMIS 2013) Population in Cambridge City Cambridge is to experience significant levels of growth over the next 20 years. The current targets for housing and employment growth to 2031 are: 12,700-25,000 new homes and 10,000-20,000 new jobs. 2011/31 44 population increase (Cambridge Hotel Futures) 6 7

summary contact Planning The units benefit from A1/A3/A2 use. Specification The units will be provided to a standard developer shell specification including shop fronts. Timing The units will be available for tenant fit-out in October 2016. For further information and quoting terms please contact: James Lankfer Email: james.lankfer@bidwells.co.uk BIDWELLS Bidwell House Trumpington Cambridge CB1 2JH April 2015 IMPORTANT NOTICE RELATING TO THE MISREPRESENTATION ACT 1967 AND THE PROPERTY MISDESCRIPTIONS ACT 1991 These particulars do not form part of any offer or contract and should not be relied upon as statements or representatives of fact. Bidwells LLP have no authority to make or give in writing or verbally any representation or warranties in relation to the property. Any areas of measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. No assumptions should be made that the property has all necessary planning, building regulation or other consents. Bidwells LLP have not carried out a survey, nor tested the services, appliances or facilities. Purchasers must satisfy themselves by inspection or otherwise. In the interest of Health and Safety, please ensure that you take due care when inspecting the property. Design Silk Pearce, Illustrations Sarah McMenemy 8