INVESTMENT FOR SALE Oakington 01223 467155

Crossways House, 3 Longstanton Road, Oakington, Cambridgeshire, CB24 3BB

Price: £390,000 Size: 2,822 sq ft

• Multilet freehold investment • Excellent access to A14 (J30)

• Retail, office & residential • Scope for redevelopment (STP)

• Prominent detached building • Immediately available

Voted by the Estates Gazette ‘Most Active Regional Agent in Cambridgeshire 2012, 2013, 2014, 2015’

Bury St Edmunds ● Cambridge ● Huntingdon ● Peterborough LOCATION LEGAL COSTS

Oakington is a village located approximately seven miles Each party to bear their own legal costs. north west of the centre of Cambridge and one and a half miles north east of Junction 30 of the A14 trunk VIEWING/FURTHER road. The A14 is a primary access route from the east INFORMATION to the west, and links the A1 and the M11. Stansted Airport is within 35 minutes drive time to the south. The subject property occupies a prominent corner Barker Storey Matthews position on Longstanton Road and Dry Drayton Road. Pound Hill House, Pound Hill, Cambridge DESCRIPTION CB3 0AE

The property comprises a detached multilet Contact: investment opportunity currently arranged to accommodate two flats, two retail units and an office. Laurence Gercke FLOOR AREAS [email protected] Sq M Sq Ft (01223) 467155 Flat 1 (GIA) 63.37 682

Flat 2 (GIA) 36.13 389 Retail unit 1 (NIA) 112.86 1,215 LG/6249 Retail unit 2 (NIA) 18.71 201 160712 Office (NIA) 31.11 335 Total 262.18 2,822

All measurements above are approximate. SERVICES

Mains drainage, water, gas and electricity are available to the property. Interested parties are however advised to make their own enquiries of the relevant service providers. No warranty can be given in respect of the condition or working order of services, fixtures and fittings.

TENANCIES

See Tenancy Schedule on page 3. PRICE

£390,000 for the freehold interest. VAT

We understand that VAT will not be charged on the price.

Note: Barker Storey Matthews is the trading name of BSMH Ltd. Reg No. 2566342. These particulars do not constitute or form any part of an offer or contract nor may they be regarded as representations. All interested parties must themselves verify their accuracy. All measurements are approximate. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. NIA Refers to Net Internal Area. Where appropriate or stated IPMS 3 relates to the International Property Measurement Standards 1st Edition. A definition can be found at: www.ipmsc.org/standards/office

Bury St Edmunds ● Cambridge ● Huntingdon ● Peterborough TENANCY SCHEDULE

DESCRIPTION TENANT TERM PASSING ESTIMATED EPC RENT RENTAL VALUE Flat 1 Vacant Vacant Vacant £10,200 pa E (50) (First Floor)

Flat 2 Ms Brennand 6 month AST £6,470 pa £6,470 pa G (11) (Ground Floor) from 01/06/2004 now monthly rolling. Retail Unit 1 Under offer 3 years from 1st £9,300 for £10,200 pa C (67) August 2016. year 1, rising to £10,200 thereafter Retail Unit 2 Ms Sue Harding Holding over in £3,996 pa £3,996 pa D (81) T/A Crossways Hair occupation 1998

Studio

Office Vacant Vacant Vacant £5,400 pa D (81)

TOTAL RENT £19,766 pa £36,266 pa

Note: Barker Storey Matthews is the trading name of BSMH Ltd. Reg No. 2566342. These particulars do not constitute or form any part of an offer or contract nor may they be regarded as representations. All interested parties must themselves verify their accuracy. All measurements are approximate. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. NIA Refers to Net Internal Area. IPMS 3 relates to the International Property Measurement Standards 1st Edition. A definition can be found at: www.ipmsc.org/standards/office Bury St Edmunds ● Cambridge ● Huntingdon ● Peterborough ORDNANCE SURVEY PLAN

THIS PLAN IS REPRODUCED FROM THE ORDNANCE SURVEY MAP WITH THE PERMISSION OF THE CONTROLLER OF HER MAJESTY ’S STATIONERY OFFICE , © C ROWN COPYRIGHT RESERVED .

THIS PLAN IS PUBLISHED FOR IDENTIFICATION PURPOSES ONLY AND ALTHOUGH BELIEVED TO BE CORRECT , ITS ACCURACY IS NOT GUARANTEED AND IT DOES NOT FORM PART OF ANY CONTRACT . L ICENCE NO. 100003928