Savills | Osprey House, 1 Percy Road, St John's Park, PE29 6SZ | Properties for sale
10,565 sq ft(981.52 sq m)
Price on application

Osprey House, 1 Percy RoadSt John's Park, PE29 6SZ

  • Under offer
  • Freehold

Key features

  • Prominent two storey detached offices
  • Plot of 1.7 acres with potential for further development - STP
  • Occupied by Anglian Water
  • New key point...

Freehold office investment

About this property

  • Description

    The property comprises a self-contained detached 2 storey office building of steel frame construction with brick elevations under a pitched tiled roof. The property has a substantial plot of 1.57 acres and a 15% development density. We feel it may be possible to add additional development on the site (subject to planning).

    Specifications

    The property benefits from the following features:
    * Mitsubishi VRF cooling/heating system replaced 2019
    * Open plan layout with central core capable of easy sub division
    * Full accessed raised floors and suspended ceiling
    * Reception/waiting area
    * 8 person passenger lift
    * Kitchenette and WC to each floor
    * 64 parking spaces

    Viewings

    Strictly by appointment with the sole agents.

    Terms

    The freehold interest of the property is available, with offers sought in the region of £1.825m. A purchase at this level will reflect an initial yield of 7.3% including purchasers costs. The property is subject to an estate charge provision which is recoverable from the tenant.

Local information

  • Osprey House is prominently located at the gateway to St John's Business Park and Vantage Park, a business park development constructed in the mid 2000's. Washingley Road is accessed from the A141 (Spittals Way) which bypasses Huntingdon to the north and provides access to the A14, together with a direct link to the M11, M6 as well as the A1 and M1. Nearby occupiers include Audi and VW dealerships, Couch Perry Wilkes, Coversure Insurance Services, Impact Direct and Capita.