Lot 15 - SOLD POST AUCTION New Cambridge House, Litlington, Cambs, S..
Details:
• Substantial modern two-storey office building
• 3,584 sq m (38,579 sq ft) NIA
• 2.8 hectares (7 acres)
• Small part let to Agilent at £13psf pa
• Easy access to A1(M), A14 and M11
DESCRIPTION
The sale of New Cambridge House offers an excellent opportunity for both owner occupiers and/or investors. There may also be potential for extending the building subject to planning.
The property is a high specification building comprising offices, R&D and potential laboratory accommodation over two floors. The building was constructed in 1992 on a site of approximately 2.8 hectares (7 acres) and has been maintained to a high standard both internally and externally. The building has its own private in and out access roads and includes 217 on-site car parking spaces. At the building’s core is an impressive two storey glass atrium incorporating solar reflecting glazing. New Cambridge House is suitable either as a headquarters building, or offers the flexibility to sub-divide into smaller suites.
Features include:
• Air conditioning
• Lift access – 8 passenger lift and 2.5 ton cargo lift
• Roller shutter door to cargo bay
• 3 phase power supply
• Perimeter trunking
• Public address system
• Waste compactor
• 217 car parking spaces
• Fully equipped canteen
• Standby electric generator
LOCATION
New Cambridge House is located in Litlington, near Royston offering easy access to the region’s road network and rail and air routes.
Road
A1 (M) – 8 miles
Cambridge – 16 miles
Royston – 4 miles
London – 40 miles
M11 (Junction 10) – 11 miles
A505 – 2.5 miles
Air
Stansted International Airport – 25 miles
Luton International – 26 miles
Rail
Frequent train services to London Kings Cross (47 minutes shortest travel time)
Cambridge (18 minutes shortest travel time) from Royston station.
PLANNING
The property benefits benefits from B1 planning use.
TENURE Freehold. There is a lease on part of the ground floor (2,450 sq ft) to Agilent for a term of 5 years from 24th November 2008 at a rent of £31,850 pa (£13 psf pa). The lease is excluded from the security of tenure provisions of the Landlord & Tenant Act 1954, Part 2. There is a tenant break option at the end of the third year of the term.
LEGAL PACK Hewitsons, Shakespeare House, 42 Newmarket Road, Cambridge CB5 8EP tel 01223 461155 Ref JS
JOINT agents Contact Ben Oughton
VIEWING Cheffins Commercial Department 01223 213666 ref BG
or joint agents Jeffersons Commercial 01223 315716 ref BO
