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Investment property for sale

Ermine Business Park, Huntingdon, Cambs, PE29 6XY

Reference No: 7B1529

4,850 sqft £510,000
Investment property for sale

Prime office investment situated in a prominent location at the front of Ermine Business Park. The building comprises 4,850 sq ft on 3 floors and is currently let to 2 tenants and producing a total income of £44,535 per annum exclusive. The passing rent at an average of £9.18 per sq ft is low when compared to other rentals in the town where rents of £15 per sq ft have been achieved for the most modern accommodation. The building also has the benefit of 22 private car parking spaces thereby providing 1 space per 220 sq ft of accommodation. The purchase price represents a low capital value of £105 per sq ft.

Stephen Power

150 High Street, Huntingdon, PE29 3YH

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Stephen Power | 01480 415728