Acuitus · 29 Oct 2026 · in 10 days
Freehold Modern Office Investment
Lumley House, 56 Elliott Road, Love Lane Industrial Estate, Cirencester, Gloucestershire, GL7 1YS · South West
LiveOfficeFreeholdLet
- Guide
- £550,000
- Rent a year
- £70,000
- Yield on the guide
- 12.0%Acuitus quotes 12.0%, which looks net of its own cost assumptions; rent over guide is 12.7%
- Payback
- 8.3 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
- Size
- 140 sq ft£500.00 rent per sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 1 Jun 2026 (certificate 5361-2593-7280-9819-8452). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Acuitus' record
Acuitus' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold office lot in Love Lane Industrial Estate. Producing £70,000 a year, a 12.0% gross yield at the guide.
Freehold Modern Office Investment. Let to Lumley Insurance Limited on a renewed 10-year lease until 2036. No Break Options. Tenant in Occupation since 2016. Well Appointed Air Conditioned Office Building. Situated within the Established Love Lane Industrial Estate. Approximately 38 Car Parking Spaces. Ratio 1:140 sq ft. Excellent Communications to M4 and M5 Motorways. Nearby Occupiers include Wickes, Halfords, Travis Perkins, Howdens and Toolstation. The property comprises a modern and attractive self-contained building, providing well-appointed office accommodation on ground and first floors. The offices benefit from being Air Conditioned and from flexible office floor plates. The property also benefits a site area of 0.26 Hectares (0.63 Acres) with a low site coverage of 10% and approximately 38 on-site car parking spaces with a high car parking ratio of approximately 1:140 sq ft. The property may offer potential for alternative uses or redevelopment, subject to obtaining all necessary consents. Cirencester is an historic and affluent market town situated in the Cotswolds, approximately 14 miles north-west of Swindon and 16 miles south-east of Gloucester. The property is situated on Elliott Road within the well established Love Lane Industrial Estate, approximately 1 mile south-east of Cirencester town centre. Nearby occupiers include Wickes, Halfords, Travis Perkins, Howdens and Toolstation, together with a range of other commercial and trade occupiers. Tenure: Freehold. Rent: £70,000 per Annum Exclusive
Figures come from Acuitus' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.