RESIDENTIAL/COMMERCIAL DEVELOPMENT OPPORTUNITY FOR SALE

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1 RESIDENTIAL/COMMERCIAL DEVELOPMENT OPPORTUNITY FOR SALE Huntingdon Ferrars Road, Huntingdon, Cambridgeshire, PE29 3DH Price: OIEO 400,000 Size: hectares (0.237 acres) Prime central residential/commercial development opportunity potential for residential redevelopment up to 14 units, B1, A2, D1 & other uses Includes existing building totalling approx sq m (1,777 sq ft) Prominent site fronting Huntingdon ring road extending to hectares (0.237 acres) or thereabouts Voted by the Estates Gazette Most Active Regional Agent in Cambridgeshire 2012, 2013, 2014, 2015 Bury St Edmunds Cambridge Huntingdon Peterborough

2 LOCATION The expanding town of Huntingdon has a current population of about 20,000 and lies 60 miles north of London, 16 miles north-west of Cambridge and 19 miles south of Peterborough. The A14 trunk road by-passes the town providing a dual-carriageway route linking the East Coast ports with the M11, A1 and M1/M6. The A1 lies 3 miles to the west of the town centre. There is a main line railway station in Huntingdon with a frequent service to Kings Cross. or demolition and redevelopment to provide two bedroom flats. Commercial uses falling within Classes B1, A2 and D1 either utilising the existing buildings or by way of redevelopment. Opportunity Uses - opportunity uses will be considered on the merits of individual application. The property is situated in a prominent location fronting the Huntingdon ring road and adjacent to an area scheduled for substantial redevelopment/ improvement. DESCRIPTION The property comprises two former semi-detached houses which for many years have been used as offices by Cambridgeshire Police. The property has a net internal office area of approximately sq m (1,777 sq ft). The building is of brickwork construction under a pitched tiled roof. Internally, the property has carpeting to the floors, plastered and emulsioned walls and ceilings. Heating is provided by way of a gas fired radiator system with external boiler house. To the side of the property there is a substantial area of land which is currently used for car parking. PLANNING Pre-application enquiries have been made of Huntingdonshire District Council. The site falls within an area identified for employment and mixed use in the Huntingdon West Area Action Plan and within HU8 Mixed Use Allocation in the draft Huntingdonshire Local Plan to A copy of the formal pre-application enquiry and the Local Authority response can be provided on request. RIGHT OF WAY There is an existing right of way at the far end of the site in favour of the adjoining office building. PRICE Offers in excess of 400,000. Preference will be given to offers which are not subject to obtaining planning consent however, subject to planning offers will be considered if they offer a significant increase in price. BUSINESS RATES We understand from internet enquiries made from the VOA website that the property has a rateable value of 14,500 (2010 List) For the year commencing 1 April 2016 rates will normally be charged at 49.7p in the pound. However the amount may be affected by transitional adjustments or small business rates relief and could be higher or lower - interested parties are advised to check with Huntingdonshire District Council. LEGAL COSTS Each party to be responsible for their own legal costs. The planning authority have indicated the following uses would be acceptable in principle subject to detailed proposals being submitted. Housing - conversion and extension of existing buildings to provide residential accommodation Note: Barker Storey Matthews is the trading name of BSMH Ltd. Reg No 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: Bury St Edmunds Cambridge Huntingdon Peterborough

3 LEGAL COSTS Each party to be responsible for their own legal costs. Strictly by appointment with the sole agents:- Barker Storey Matthews 150 High Street, Huntingdon, Cambridgeshire PE29 3YH Contact: Alan Mattews Or Matthew Hunt (01480) Ref: 7C1212 Huntingdon Note: Barker Storey Matthews is the trading name of BSMH Ltd. Reg No 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: Bury St Edmunds Cambridge Huntingdon Peterborough

4 ORDNANCE SURVEY PLAN THIS PLAN IS REPRODUCED FROM THE ORDNANCE SURVEY MAP WITH THE PERMISSION OF THE CONTROLLER OF HER MAJESTY S STATIONERY OFFICE, CROWN 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. LICENCE NO

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