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HUNTINGDON SHOP SET FOR REMODELLING FOLLOWING SALE

The former Parsley Pot shop at 40 High Street, Huntingdon has been sold by commercial agents Barford + Co.

The property, a three storey building, which comprises a ground floor shop with first floor storage and a self-contained flat at second storey level, was being offered at a reduced guide price of £350,000. The new owners are intending to convert the first floor storage area to create a second flat with the shop to be remodelled to include a rear storage area at ground floor level. The retail shop has a floor area of just under 1,000 sq ft (92 sq m).

The purchaser is a private Luton based investment company. A spokesman for the company said “Whilst many town centres in the UK are presently struggling, we see Huntingdon as a town where retail demand is likely to be maintained in the longer term. The Huntingdonshire area is growing rapidly, and with the Chequers Court development now underway, we see the town growing in strength and this is why we have invested in this freehold retail opportunity”.

For Barford + Co, Director Phil Halmshaw said “It is a shame that the Parsley Pot ceased to trade as it was a good quality shop offering a range of gifts and other products. However the property is in a decent High Street position next to Costa Coffee and the new owners have seen the potential for the building to be remodelled and for the shop to operate in a slightly different way. It is anticipated that a new tenant will be found once the works have been completed”.

Barford + Co stated that there were a number of retail companies seeking space in Huntingdon town centre at the present time but at this early stage the new owners had not specifically entered into negotiations with any of these companies.

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