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Queen Ediths Way, Cambridge, Cambridgeshire, CB1 7PH

£1,300,000

£575.22 per sq ft

Business rates & charges may apply

Eddisons Commercial Limited, Cambridge
SIZE AVAILABLE

2,260 sq ft

210 sq m

SECTOR

Commercial property for sale

Key features

  • Freehold detached property with four modern self-contained flats
  • Prime location by Addenbrookes Hospital & Cambridge Biomedical Campus
  • Fully let on ASTs with current rent of £70,740 pa and estimated market rent of £73,200 pa
  • Strong rental growth history with excellent prospects for future growth

Description

Freehold residential investment in prime location next to Addenbrooke's Hospital and the Cambridge Biomedical Campus. A single-storey detached building split into four high quality furnished flats let on ASTs. The current rent is £72,600 pa with an estimated market rent of £73,800 pa and excellent prospects for future rental growth given Cambridge's strong economic growth.. A similar investment nearby on Hills Road is also available from the vendor.

Brochures

Queen Ediths Way, Cambridge, Cambridgeshire, CB1 7PH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cambridge Station1.0 miles
  • Shelford Station2.1 miles
  • Cambridge North3.1 miles

About Eddisons Commercial Limited, Cambridge

Cambridge Office, Pound House, Pound Hill, Cambridge, CB3 0AE

Leading commercial property agents in the sale and letting of office, industrial and retail property, plus development and investment opportunities.

Notes

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