7-8 Market Street, Cambridge, CB2 3PA

Prime Freehold Investment

• Cambridge is an internationally renowned University City, tourist destination and Europe’s largest centre for research and development, boasting one of the UK’s most vibrant economies.
• Located in a prime position on Market Street, in the heart of the city’s historic core.
• Attractive building arranged over ground, basement and three upper floors providing 4,287 sq ft.
• Well secured to Fat Face Limited, rated 4A1 ‘minimum risk’ by Dun & Bradstreet
• September 2024 break option not operated by the tenant, providing a further 5.42 years unexpired term.
• Passing rent of £145,000 per annum.
• Freehold

We are instructed to seek offers in excess of £1,950,000 (One Million, Nine Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect an attractive net initial yield of 7.00% after allowing for normal purchaser’s costs of 6.26%.