42/44 High Street, Milton, Cambridge, CB24 6DF
210910 42-44 High Street Milton
Ground and First Floor Offices – FOR SALE as a whole or TO LET as a whole or in part
LOCATION
Milton is approximately 3 miles north of Cambridge and just half a mile from the A14/A10 junction. The newly upgraded A14 provides easy access to East Anglia, the East Coast Ports and the Midlands; the A10 leads to Ely. The property fronts the High Street in Milton which has amenities including a post office, pubs, local shops etc. A Tesco supermarket is within half a mile of the property, as is Milton Country Park.
DESCRIPTION
DESCRIPTION
This property offers flexible, high quality accommodation, with a range of open plan and private offices and meeting rooms. New LED lights, showers, air con and EVCPs are being installed.
No 42 on the right hand side of the archway is a double fronted Victorian building extended into a modern conference/meeting room at ground floor. It has a large loft for storage.
No 44 on the left was constructed in 1999. Access is at the rear with two offices on the ground floor. The first floor has a large open plan office and a smaller office. There are showers and kitchen areas in both buildings.
The car park with space for 19 cars is to the rear of the building accessed through the archway off the High Street. There is cycle parking and a garden area with seating.
AREAS
Net Internal Area
| No 42 | No 44 | |
| Ground Floor | 1097sf | 600sf |
| First Floor | 775sf | 1344sf |
| Total Area | 1872sf | 1944sf |
| TOTAL |
3,816sf |
|
PLANNING
We understand the property has office use (formerly B1a) new use class E.
TERMS
For Sale—the property is available for £1.4million + vat to include an income of £12,000pa + vat from two GF offices at No 44 occupied until 31 October 2024 by EACH.
To Let—No 42 is available to rent via a new FRI five year lease at a rent of £45,000pa + vat. No 44 is available to rent via a new FRI five year lease at a rent of £50,000pa + vat.
RATEABLE VALUE
VOA website states that 42 and First Floor 44 High Street, has a rateable value assessment of £45,250.
Ground Floor of 44 High Street has a rateable value of £13,750.
Please make your own enquiries at www.voa.gov.uk; the estimated annual rates bill for 2021, therefore, is c£29,500.
LEGALS
Each party to be responsible for their own legal fees
EPC
The Energy Performance Rating for No 42 is D and for No 44 is band E. To be reassessed after upgrade works.
VIEWINGS
Andrew Noyes: 01223 311800/07768 473434 andrew@noyes-noyes.co.uk
Dee Noyes: 01223 311800 dee@noyes-noyes.co.uk
210910 42-44 High Street Milton
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