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.
• Attractive building located in a prime position on Market Street, in the heart of the city’s historic core.
• Well secured to Fat Face Limited rated ‘lower than average risk’ by Dun & Bradstreet
• New reversionary lease signed by tenant providing a total of 7.5 years unexpired term certain.
• Passing rent of £145,000 per annum, which reflects £150 Zone A providing excellent prospects for rental growth.
• Freehold.

We are instructed to seek offers in excess of £2,182,500 (Two Million One Hundred and Eighty-Two Thousand Five Hundred Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect an attractive net initial yield of 6.25% after allowing for normal purchaser’s costs of 6.32%.