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COMMERCIAL

Unit 2, Cirrus Court, Glebe Road, Huntingdon PE29 7DL

Guide Price
£225,000
Savills Auctions, London
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • To be offered on Wednesday 21 October
  • A freehold industrial unit amounting to an approx. 3,875 sq ft
  • Carparking/ yard located to the front and side of the building
  • Let on a 10 year lease from 2019 (Reversion 2029)
  • Low capital value of £58.06 per a sq ft
  • Asset management potential at reversion to increase the rent, currently on a low rent of £4.85 per a sq ft
  • 6 week completion available
  • Investment let at £18,800 p.a. (8.35% GIY on guide price)

Description

StrapLine

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 industrial unit amounting to an approx. 3,875 sq ft with external front yard space and a number of car parking spaces to the side of the property. The property is let on a 10 year lease from 2019 (Reversion 2029)

Investment let at £18,800 p.a.


Description

A mid-terrace industrial/warehouse unit extending to approximately 3,875 sq ft, arranged to provide predominantly open-plan warehouse accommodation with a mezzanine floor, together with ancillary office, reception and staff facilities. The property benefits from a loading door, dedicated parking and yard space and is situated within an established commercial location in Huntingdon.


Location

The property is situated on the established Cirrus Court industrial estate off Glebe Road, approximately 1 mile south of Huntingdon town centre. The surrounding area comprises a range of industrial, warehouse and trade occupiers and benefits from excellent access to the regional road network.


Transport

The property benefits from convenient access to the A141, which links directly with the A1(M) and A14, providing connections to Cambridge, Peterborough and the wider motorway network. Huntingdon Railway Station is approximately 1.5 miles to the north, offering regular services to London King's Cross and Peterborough.


Tenancy

Unit 2

  • Let to Wolseley (Plumbing and Heating supplies)
  • Let on a 10 year FR&I lease from 2019 (Reversion 2029)
  • Investment let at £18,800 p.a.

Accommodation

Please refer to the floor plan

An approx. 3,875 sq ft


Unit 2, Cirrus Court, Glebe Road, Huntingdon PE29 7DL

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Huntingdon Station1.3 miles
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Savills Auctions are specialist residential and commercial property auctioneers with an unrivalled depth of experience and market knowledge.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 244-24100. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills Auctions, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”