About this property

Detailed Description

The subject sites are located on the Compass Point Business Park, which is an established office park on the Cambridge side of St Ives. The Business Park houses a range of differing occupiers and is in close proximity to Aldi and Morrisons Supermarkets along with McDonalds, Costa and Tesco Express.

Both sites lend themselves to commercial development, subject to planning permission, albeit the Lakeside site (Plot 1) is within Flood Zone 2. That said, there is good visibility and potential access from Somersham Road to the Lakeside Site.

The other site (Plot 2) is bounded by office buildings on both sides but has a ready-made access point from the Business Park access road. We have provided initial planning advice to the Management Company, which advises that the subject site is in Flood Zone 1, but not subject to surface water flood risk. It should however be noted that the wider area to the West of Compass Point Business Park falls within Flood Zone 3 (including the main entrance on Stocks Bridge Way) and is subject to high surface water flood risk.

Location

St Ives is an attractive historic market town located on the banks of the River Ouse approximately 14 miles from Cambridge, 5 miles from Huntingdon and 20 miles from Peterborough. Steeped in history, the town is today an expanding commercial centre with a population of around 16,500 people. The town offers a diverse range of shopping facilities including top retail names, specialist stores, local retailers and a regular street market.

The town also has a strong commercial base and has become an increasingly significant business location due to its accessibility to the national motorway network via the A14 dual carriageway, which links the East Coast ports to the West Midlands and North West. The area has also benefited from its proximity to Cambridge and has proved a popular choice for companies seeking to relocate from the city, particularly businesses in computers and research and development.

There are fast train links to London from Cambridge and Huntingdon with a typical journey time of 50 minutes into Kings Cross from Huntingdon. There is a guided bus service from St Ives to Cambridge and the Park and Ride service is located at Meadow Lane, a short distance from the town centre and St Ives Business Park. The journey time from St Ives to Cambridge Science Park is circa 20 minutes.

Viewing

Access to the sites will be available during daylight hours to applicants having first registered their interest with the agents.

HEALTH & SAFETY
Neither the seller nor the agent is responsible for the safety of those viewing the sites and accordingly do so at their own risk.

VAT

It is understood that VAT is applicable.

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the sale.