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2 The Lakes Business Park 12,214 SF Industrial Building Huntingdon PE28 9QR $2,902,515 ($237.64/SF) 6.44% Cap Rate
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 | $2,902,515 | Lot Size | 1.13 AC |
| Price Per SF | $237.64 | Rentable Building Area | 12,214 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 6.44% | Year Built | 2015 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 7.18/1,000 SF |
| Property Subtype | Service | No. Drive In / Grade-Level Doors | 2 |
| Building Class | B |
| Price | $2,902,515 |
| Price Per SF | $237.64 |
| Sale Type | Investment |
| Cap Rate | 6.44% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 1.13 AC |
| Rentable Building Area | 12,214 SF |
| No. Stories | 2 |
| Year Built | 2015 |
| Tenancy | Single |
| Parking Ratio | 7.18/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Automatic Blinds
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2 The Lakes Business Park
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