The property was the former headquarters and factory premises for Lola Racing and comprises a prestigious two-storey office building fronting Glebe Road with extensive car parking to the front, two factory buildings to the rear and a secure yard.
Offices/Showroom
An open plan reception leads to a conference room, offices and showroom with stairs to the first floor. The offices benefit from suspended ceilings incorporating air conditioning throughout and raised floors. Whilst predominantly open plan these have been partially divided to create a number of board rooms and meeting rooms.
Factory Area A
The principle factory known as Area A is of steel portal frame construction with a pitched insulated roof incorporating roof lights with an eaves height of 3.8m. The factory features three phase gas fired space heaters, fluorescent lighting, compressed air system to part, staff canteen and kitchen, separate male and female wc's and changing room facilities. Access is via 2 electrically operated loading doors.
Factory Area B
Steel portal frame construction with an eaves height of approximately 7.2m and including two mezzanine floors, the factory benefits from insulated roof with roof lights, gas fired space heaters, three phase power supply, sodium lighting, compressed air system and 3 electrically operated loading doors.
To the rear factory area is a secure self-contained yard with hgv entrance and exit providing access to both factory buildings via loading doors. The total site area extends to 0.993 ha (2.453 acres).
Location
The expanding town of Huntingdon has a population of approximately 24,000 and is situated 60 miles north of London, 16 miles west of Cambridge and 19 miles south of Peterborough. There is a significant expansion to the town with the redevelopment of the RAF Alconbury Site now renamed as Alconbury Weald, which will include the construction of 5,000 new homes, new primary school and retail and leisure facilities.
The town is strategically well located for the A14 trunk road which bypasses the town providing a dual carriageway route linking the east coast ports with the M11, A1, M1/M6 which has recently been upgraded signifcantly reducing journey times to Cambridge and the East. The A1 is located 3 miles to the west of the town centre providing excellent north/south connections. There is a main line railway station in Huntingdon with frequent services to London (Kings Cross / St Pancras).
18 Glebe Road is prominently sitauted in St Peter's Road Industrial Estate, the principle estate serving the town. The property is convenient for the Tesco's store, retail & leisure parks. Other nearby occupiers include several well established manufacturers, including GPS Pipes, Steinhoff Beds and Hotel Chocolat. There is also a number of trade parks within close proximity which include Wickes, B&Q, B&M, Travis Perkins and numerous other trade occupiers.
Accommodation
Ground Floor - Offices/Showroom: 10,335 sq ft
First Floor - Offices: 10,335 sq ft
Factory - Area A: 19,601 sq ft
Factory - Area B: 17,631 sq ft
Mezzanine: 7,081 sq ft
TOTAL - 64,983 sq ft
Terms
Price - £2,800,000 for the freehold with vacant possession
Rent - £220,000 per annum payable quarterly in advance.
Business Rates - We understand from internet enquiries made from the VOA website that the property has a rateable value of £232,000
EPC - The property has an EPC of C(60). A copy of the EPC is available on our website.
VAT - We understand that VAT will be charged in respect of the property.
Legal Costs - Each party is to be responsible for their own legal costs incurred in connection with this transaction.
Specification
- HQ factory & offices
- Secure service yard
- Extensive on-site car parking
- Available immediately