From
£250,000
Property for saleHuntingdon PE29
About this property
To be offered on Wednesday 21 October
A freehold office building extending to approximately 4,149 sq ft across 3 floors
Prominently positioned on Huntingdon High Street within the town centre
Substantial rear car park providing approximately 16 parking spaces
Let to Copleys Solicitors llp on a fr&I 10 year lease from 1 June 2023
Upward only rent reviews in June 2026 and June 2029 (June 2026 rent review not implemented)
Low capital value of £60.25 a sq ft on guide price
VAT free investment
Investment let £26,555 p.a. (giy of 10.62% on guide price)
Auction Sale - 20/10/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A freehold office building amounting to an approx. 4,149 sq ft and situated across 3 floors. The property is let on a 10 year fr&I lease from 2023. The property offers asset management potential to improve the passing rent via outstanding rent review and/ or development potential to convert to other uses (subject to the requisite consents and existing lease)
Investment let at £26,555 p.a.
Description
A freehold Grade II listed office building extending to approximately 5,401 sq ft and arranged over three floors. The property occupies a prominent position on Huntingdon High Street and benefits from a substantial rear car park providing approximately 16 parking spaces.
The property is let to Copleys Solicitors llp on a 10-year lease from June 2023, offering secure income together with reversionary potential through an outstanding rent review.
Location
Huntingdon is an established Cambridgeshire market town located approximately 20 miles north-west of Cambridge and 18 miles south of Peterborough. The town benefits from excellent road communications via the A14, providing direct access to the A1(M), M11 and wider motorway network. The property occupies a prominent position on High Street in the heart of the town centre.
Transport
The property benefits from excellent transport links, situated close to the A14 which provides direct access to the A1(M), M11 and wider national motorway network. Huntingdon Railway Station is approximately 0.8 miles away and offers regular direct services to London King's Cross, Cambridge and Peterborough.
Tenancy
28 High Street
- Let to Copleys Solicitors llp
- Let on a 10 year lease from June 2023 (Reversion 2033)
- Upwards only rent reviews in June 2026 and June 2029 to the higher of passing rent or market rent
- Tenant only break option June 2028
- Contracted out of the L&T act 1954
- Investment let at £26,555 p.a.
Accommodation
Pleased refer to the floor plan
An approx. 4,149 sq ft
Mortgage calculator
£1,250 per month
70+ lenders and 10,000+ products
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}