Commercial property for sale in Cambridge, England

Green & Partners are launching the sale of a multi-let, index linked Sainsbury's anchored neighbourhood centre in Cambridge on behalf of Vistry Group.  - Attractive new build investment in Great Kneighton, Cambridge; - Multi award winning new community by national developer Vistry Group; - Over 2,550 new homes and 10,578 sq ft of commercial space; - Hobson Square forms the commercial and community hub for the wider community; - Close proximity to the internationally renowned Cambridge Biomedical Campus; - Long leasehold interest for sale at peppercorn rent; - Well configured accommodation across 4 units providing 10,578 sq ft over ground floor; - Benefit of visitor car park spaces adjacent to property and additional spaces nearby; - 65% let to undoubted Sainsbury's Supermarkets Limited covenant; - Long WAULT to break of 12.7 and 16.1 years to lease expiry; - Index linked income; - Total income of £240,198 per annum.  THE VENDOR IS SEEKING OFFERS IN EXCESS OF £2,900,000 (Two Million Nine Hundred Thousand Pounds), exclusive of VAT and subject to contract. A purchase at this level would reflect a net initial yield of 7.76%, assuming graduated purchaser's costs of 6.80%.  For further information, please get in touch with the team.  Ben Simpson, Alex Murray or Will Civil.

Commercial property for sale in Cambridge, England

Convenience store for sale

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