Summary - 149, NEWMARKET ROAD CB5 8HA
1 bed 1 bath Office
**Standout Features:**
- Prime location on Newmarket Road, a major access route to Cambridge city center.
- Large freehold property includes 3,408 sqft office space and 0.191 acres of adjacent land approved for residential development.
- Planning consent in place for the construction of 10 self-contained flats, offering excellent renovation potential.
- Logic House features modern office amenities with good natural light, making it suitable for diverse uses.
- Ample on-site parking and off-street access.
**Overview:**
Discover an exceptional investment opportunity at 143-149 Newmarket Road, Cambridge. This spacious property spans a total of 8,041 sqft and is strategically located just 1 mile from the heart of the city, adjacent to thriving residential and commercial developments. Logic House currently offers expansive office space, needing some renovation to align with modern standards, yet is ripe for transformation, whether for continued commercial use or attractive residential conversion under permitted development.
The adjoining land comes with approved plans for two new-build residential blocks, permitted to accommodate 10 flats, including a mix of configurations from 1-bedroom units to larger maisonettes. With ongoing urban growth and immediate access to Cambridge's robust transport network and amenities, this site is ideal for investors or developers looking to capitalize on the strong housing demand. The area is surrounded by a vibrant community, featuring essential shops, schools, and leisure facilities within a short walk or cycle, enhancing both appeal and future rental potential. With a competitive asking price of £2,000,000, this opportunity is one that discerning investors will not want to miss.
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