Depending on your travel options when you are here, there is Bike Art at Thetford forest at the High Lodge visitor centre. The main guy there is a bit spikey to deal with, but they have a half decent selection of bikes and there are a couple of waymarked trails you can easily follow. There are plenty of off piste stuff to, but easier to find with someone,e to guide you round.
There is Grafham Cycling (part of the Rutland Cycling shop) at Grafham water. It’s an OK loop, but nothing particularly exciting. It’s around 8 miles round.
A bit further afield is Rutland Cycling at Rutland Water. There’s 2 shops, both which hire bikes; one at Normanton and one at Whitwell. The Whitwell shop is bigger (the Normanton is a Giant concept store). The loop is nice and scenic. You can do a loop without the peninsula which is about 17 miles or with the peninsula it’s 23 miles or so.
Alternatively, you might be able to hire a bike in Cambridge and have a potter about. There’s a shop called Ben Haywards in the centre of town. I’m not sure if they will hire bikes, but if not they’ll probably know who will.