19/05/2021
News
Business growth prompts property sale for interior design studio owner
The freehold of Cambridge office studio premises and apartment home of an interior design specialist are for sale through Eddisons now incorporating Barker Storey Matthews who is the sole agent under instruction.
The properties at 17 and 17a Emmanuel Road, in the historic heart of Cambridge, overlooking Christ’s Pieces, are the commercial studio of Angel + Blume as well as the home of the interior design business’s owner, Cate Burren.
The property was formerly the Cambridge office of fine art valuer and auctioneer, Bonhams. Angel + Blume had been operating from a number of offices in the city for a decade before moving to 17 Emmanuel Road.
The first floor (Number 17a) was converted by Cate Burren for her own residential use with her interior design business occupying the ground floor (Number 17).
The mixed-use property instruction sees Eddisons marketing the freehold sale of the whole property of 1,458 sq ft (135 sq m) which includes two undercroft parking spaces and with planning permission for the property’s conversion to single residential use.
The guide price is £750,000.
The sale is prompted by the changing commercial and domestic needs of Angel + Blume.
Owner Cate Burren said, “We have simply outgrown both properties. We are looking to relocate in Cambridge because the business has expanded so much in the time we have been living ‘above-the-shop’ at Emmanuel Road.
“The success of the business is, I believe, due in no small part of the character and location of the building but it’s time to move on.”
Ben Green, who is leading the marketing of the property anticipates great interest in the property which is being offered for sale with vacant possession.
He said, ”It’s a unique property opportunity in the Cambridge marketplace at the moment and it’s a real fillip for Eddisons to have this high profile instruction.
“Our reading and sense of the current market gives us the confidence to look to achieve a sale that will satisfy our client and the next owner.”
Viewing of 17 & 17a Emmanuel Road, Cambridge is strictly by appointment only through Eddisons as the sole agent.
To arrange a viewing or for more information, contact Ben Green at the Cambridge office of Eddisons, tel 01223 467155, [email protected].
For any press queries, please contact:
Richard Jones, Eddisons incorporating Barker Storey Matthews, 01733 897722, [email protected].
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