Cambridge offices priced at £855k could hold residential promise
The pending relocation of tech consultancy Cambridge Design Partnership from offices in Toft to a new global business runway at Bourn Airfield has triggered opportunities for other companies to acquire the vacated space.
Agent Cheffins is marketing the two well-presented offices with residential development potential for £855,000.
Toft is some six miles from Cambridge and close to the A14 and A11 among other major transport arteries. The offices are in two brick-built converted barns and available to buy separately or together. Known as Church Barn and Long Barn, the offices come with around 20 car parking spaces.
Long Barn comprises a rectangular two-storey office building, totalling 1,990 sq ft, which includes two main office areas, an entrance hall, kitchen, plant room and WCs and two further offices on the first floor.
Church Barn includes 1,418 sq ft of accommodation including three open plan office areas, an entrance hall, WC and kitchenette.
Mark Drummond, Associate at Cheffins says: “This is a rare opportunity for an investor or end-user to buy well-presented, smart office accommodation in a sought-after location close to Cambridge.
“The property would suit a variety of occupiers, including those in the booming MedTech sector, from which there are currently a number of active occupiers on the hunt for space within easy reach of the Cambridge Cluster.
“Alternatively, there would be an opportunity to convert the offices into residential homes, subject to planning, and we expect the site to be of interest to developers as well as private buyers and those in the commercial property market.”
While the guide price for the offices is £855,000, they can be bought separately with further details available from the agent.
• You can call Mark Drummond on 01223 271946 or email him –mark.drummond [at] cheffins.co.uk "> mark.drummond [at] cheffins.co.uk