£2,250,000

Office for sale

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£2,250,000

(£262.15/sq. ft)

Office for sale

154-156 Victoria Road, Cambridge CB4

8,583 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • St Luke's CofE Primary School 0.1 miles
  • Chesterton Community College 0.3 miles
  • Cambridge 1.7 miles
  • Cambridge North 2.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Cambridge City Centre Investment opportunity
  • Mix of retail, office and residential
  • Total Income of £177,850 per annum
  • Well presented space throughout
  • Future development potential, STP
154-156 Victoria Road comprises a terraced, three storey building of solid brick construction. The building is understood to have been originally constructed in the early 1900's, although has been extended and reconfigured more recently. The building is configured to provide a ground floor retail unit, independently occupied offices across ground, first and second floors and a separate second floor flat.

To the front of the property is a brick paved forecourt and there is a gated, tarmac surfaced courtyard/parking area to the side with space for 3-4 cars if parked in tandem. To the front of the property on Harvey Goodwin Avenue is a parking bay provided 4-5 spaces with 30 minutes free parking.

The ground floor is let to Gray & Toynbee (Cambridge) Ltd and guaranteed by Toynbee Gray Holdings Ltd on a 10 year full repairing and insuring lease from 20th May 2022 (approximately 7 years, 6 months unexpired) at a current rent of £30,000 per annum.

The office space is let to s-Tech Insurance Services Ltd / Alan Boswell Group Ltd for a term of 6 years on a full repairing and insuring lease from 2nd October 2019 (approximately 1 year unexpired) at a current rent of £132,850 per annum.

There is a second floor flat that is privately let at £1,250 pcm.

The freehold is for sale at a guide price of £2.25m.

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Property descriptions and related information displayed on this page are marketing materials provided by - Robinson Layer LLP. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Robinson Layer LLP for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Cambridgeshire
  4. Cambridge
  5. Victoria Road