One of the largest commercial properties ever offered in Cheffins’ Property Auction sold in the region of its guide price of £1.5 - £1.6 million. The property, New Cambridge House, is a 38,579 sq ft office building in Litlington. Although it was unsold in the auction, a sale was agreed immediately afterwards.
Auctioneer Simon Gooderham says: “It was a landmark in the development of our quarterly property auction and we were delighted to work as joint agents with Jeffersons to conclude a successful sale of this property on a post-auction contract. We are attracting an increasing number of