News & Insights Default

Freehold offers fresh view of Cambridge Lensfield Road property

10/04/2024

News

Freehold offers fresh view of Cambridge Lensfield Road property

The availability of a freehold property on Lensfield Road in Cambridge city centre offers the opportunity to review the best use of accommodation which currently comprises retail and offices.

That’s the view of Eddisons, who holds the exclusive agency on the freehold sale of the property which spans 69 & 71 and 69a & 71a Lensfield Road.
Totalling, approximately, 4,120 sq ft (383 sq m) net internal area, a ground floor retail unit - with two basements and an adjoining workshop - occupies 1,965 sq ft (183 sq m). The rest of the accommodation is formed from two sets of offices spread across first and second floors, with independent accesses off Lensfield Road and Brookside.

Eddisons advises that the freehold incorporates an area of pavement on Lensfield Road.

lensfield

On the corner of Lensfield Road and Brookside, the property’s central location in the historic city centre is in the immediate vicinity of many Cambridge landmarks including the Botanic Gardens, the Fitzwilliam Museum, in addition to several colleges of the University of Cambridge.

Ben Green, Director, Eddisons, believes it’s a property instruction that could appeal to developer investors given its scope for refurbishment or redevelopment, subject to planning consents. Or, equally, it could attract interest from owner occupiers operating in a range of commercial sectors, including retail and education provision.

He added, “Such freehold opportunities rarely become available in central Cambridge so we expect a good level of interest. Of particular appeal is the property’s prominence and its accessibility by foot to the city centre and central railway station”.

“It presents the opportunity for a fresh look and making best use of space to fulfil its investment and operational potential for its next occupiers.”

The freehold of 69 & 71 and 69a & 71a Lensfield Road, Cambridge is being offered with vacant possession for offers over £1.25 million.

For more information, contact Ben Green at Eddisons Cambridge, tel 01223 467155  [email protected]
Viewing is strictly by appointment through the agents and more information is available on enquiry.

Get in touch with the Eddisons team

Please contact us for more details and information

Related reading

View All
Eddisons appointed to let office space at Ashwell Point, South Cambridgeshire 01 Ashwell Point Sawston   Canmoor Devts   November 2024

News

Eddisons appointed to let office space at Ashwell Point, South Cambridgeshire

Read More
Eddisons appointed to sell £7.5m retail and hospitality portfolio Fenwall   Promenade

News

Eddisons appointed to sell £7.5m retail and hospitality portfolio

Read More
National Windscreens looks to its Lincoln future with new-build unit in Saxilby Riverside Enterprise Park Saxilby Lincoln   Eddisons inc Banks Long & Co   November 2024

News

National Windscreens looks to its Lincoln future with new-build unit in Saxilby

Read More
Eddisons boosts valuation team with new Healthcare Valuation Director Kate Deakin

News

Eddisons boosts valuation team with new Healthcare Valuation Director

Read More
View Meet the Team
CTA grid   Our Team

Our team

We're proud to employ more than 450 talented individuals working across a multitude of disciplines.

Find Your Nearest Office
UK Map   Dotted

Office finder

Eddisons is rapidly growing; emphasised by our nationwide network of 30 offices across the UK.

Get In Touch with Eddisons
CTA grid   Contact Us

Contact us

We're ready to take your call and can quickly pass you through to the right department.

Sign Up To Our Newsletter
CTA grid   Newsletter

Newsletter

Join thousands of property managers, occupiers, landlords and investors receiving the latest insights.

This site uses cookies to monitor site performance and provide a more responsive and personalised experience. You must agree to our use of certain cookies. For more information on how we use and manage cookies, please read our Privacy Policy.