Threadneedle House was built in the early 19th century in a grey gault brick with a slate roof. The property currently comprises a prominent end-terrace office building with a Gross Internal Area of approximately 154 sqm (1,660 .) arranged over four floors with associated car parking to the rear and situated within a rectangular plot extending 0.08ha (0.9 acres).
The building is Grade II Listed for its special architectural and historic interest. The property is characterised by a number of historical and listed design features, including its gault brick, parapet, slate roof and windows sashes with glazing bars. The property is bound by an adjoining Grade II listed office building to the south, additional offices to the north, Hills Road to the east and George IV Street with a residential apartment block beyond to the west.
It currently has an EPC rating of G, report available upon request.
The property is located within the jurisdiction of Cambridge City Council. Two pre-application meetings were held with the Council during October 2017 and April 2018 where the principle of residential development was deemed acceptable and that this ideally would include the conversion of the listed building with a new 2.5 storey residential building to the rear of the site. Studio flats were considered; small and larger apartments with amenity space were preferred. Removal of car parking provision was also supported.
This opportunity is suitable for owner-occupiers, investors and developers. A pre-application document is available upon request.
The property is located along Hills Road in the Cambridge city centre. Cambridge is one of East Anglia’s most important commercial centres with a population of approximately 123,900 (2011 Census). The city accommodates the operations of some of the world’s largest organisations and is renowned internationally, particularly for its world-leading university and strength of its skilled workforce across various high-tech and bioscience industries and sectors within the commercial hub. Cambridge is situated approximately 30 miles north east of Bedford, 42 miles north east of Luton and 62 miles north of London.
There are good road links to the A505 to Royston, A14 to Huntingdon as well as the A1(M) and M11 to London. Direct Mainline rail services are available 0.5 miles from the property to London Kings Cross with a commuting time of approximately 50 minutes. Cambridge International Airport is located 2.5 miles from the property and offers commercial airline services.
The property is situated towards the south of the Cambridge city centre, which has a range of facilities and services. These include a variety of supermarkets, restaurants, hotels, public houses, shopping facilities, post offices and a number of other leisure facilities. Cambridge also has a good range of schools and colleges.