No longer available
Reference 42466
Address 1 De La Warr Way, Cambourne, Cambridge, CB23 6DX
(Map Location)
Beds 0
Baths 4
Type Office
Tenure Leasehold

Modern three story building - £ Income producing investment

Description

DESCRIPTION - 1 De La Warr Way Cambourne

The building originally constructed as a live/work unit in 2006 has full change of use planning approval to B1 office space and is currently leased to a care agency service provider whose tenancy comes up for consideration of renewal in 2022.

The accommodation is office (but does retain almost all the original domestic features on the upper floors).The Ground floor contains the master office which can accommodate up to 5 work stations. There is a separate staff entrance to the rear hallway with galley kitchen, understairs storage and WC.

Upstairs on the first floor there is a secondary office suitable for up to three work stations (originally a living space) with double doors opening onto a fitted kitchen with oven /hob and space for normal kitchen appliances together with some dining space. On this level there is a further small office currently used as a communications room. There is also a separate bathroom/WC.

The top story has two separate offices one large space which makes a great meeting room or large executive office. The second office on this level is a large one person space, and both of these offices have storage cupboards and their own separate shower WC facilities.

The building has gas central heating with controls located on two levels; the majority of rooms are CAT5 wired back to the communications room. Plus CCTV and alarm system wiring. There are two parking spaces located directly behind the property plus to the front of the building there is a customer set down /drop off drive.

TENANCY

MY Life Living LTD passing rental income is £19,200 pa rising in 2019 to £24,060

BUILDING TENTURE

Long lease approximately 900 years remain service charge for ground maintenance is £600pa and is paid by the tenant

PRICE

£350,000 No VAT will be charged on the price


Features

  • Rising and stable income stream to £24,000pa
  • Modern low maintenance building
  • Retains some domestic features
  • 10 mins to central Cambridge
  • Parking and customer drop off
  • Potential alternative use

Map Location