28 High Street, Huntingdon, PE29 3TH
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- 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
- Tenant has been occupation prior to the existing lease for multiple years
- Upward only rent reviews in June 2026 and June 2029 (June 2026 rent review not implemented)
- Low capital value of £54.22
- a sq ft on guide price
- VAT free investment
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 websiteA 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 4,149 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
28 High Street, Huntingdon, PE29 3TH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Huntingdon Station0.5 miles
Notes
Disclaimer - Property reference 244-25492. 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.”