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2 The Lakes Business Park 12,214 sq ft Industrial Property Huntingdon PE28 9QR £2,175,000 (£178.07/sq ft) 6.44% Net Initial Yield
Investment Highlights
- Modern 2015 build construction
- Low-density site with expansion potential
- Prominent roadside position
Executive Summary
The property provides a modern detached warehouse unit reconfigured to accommodate a high-specification motorcycle showroom and workshop. The ground floor comprises showroom, workshop and parts areas with ancillary accommodation, supported by first floor offices, storage and mezzanine space. The building benefits from extensive glazing to the front and side elevations, enhancing natural light and visibility, and includes dedicated valet wash bays. Externally, there is a substantial surfaced display and car parking area. The space is suited to automotive, showroom, trade counter or hybrid industrial uses.
- Modern detached warehouse/showroom on prominent double plot
- Long income secured to established automotive operator
- CPIH-linked rent reviews with annual growth collar and cap
- Strong roadside prominence at entrance to established business park
- Low site cover with potential for further development (subject to planning)
- Modern detached warehouse/showroom on prominent double plot
- Long income secured to established automotive operator
- CPIH-linked rent reviews with annual growth collar and cap
- Strong roadside prominence at entrance to established business park
- Low site cover with potential for further development (subject to planning)
Property Facts
| Price | £2,175,000 | Total Plot Size | 1.13 ac |
| Price per sq ft | £178.07 | Net Internal Area (NIA) | 12,214 sq ft |
| Sale Type | Investment | No. Floors | 2 |
| Yield | 6.44% | Year Built | 2015 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Allocation | 7.18/1,000 sq ft |
| Property Subtype | Service | No. Drive In / Grade-Level Doors | 2 |
| Costar Property Class | B |
| Price | £2,175,000 |
| Price per sq ft | £178.07 |
| Sale Type | Investment |
| Yield | 6.44% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Costar Property Class | B |
| Total Plot Size | 1.13 ac |
| Net Internal Area (NIA) | 12,214 sq ft |
| No. Floors | 2 |
| Year Built | 2015 |
| Tenancy | Single |
| Parking Allocation | 7.18/1,000 sq ft |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Roller Shutters
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2 The Lakes Business Park
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