Cambridge

25-27 Petty Cury

25-27 Petty Cury, Cambridge

For Sale

Property Details

Price

£6,100,000

Rent

£440,000

Net Initial Yield

6.75%

Tenure

Freehold

Description

• Cambridge is an exceptionally attractive cathedral city and one of the UK’s premier retailing destinations.
• The city has a large and exceptionally affluent primary catchment population of 627,000 people, ranking the city 22nd of the 200 PROMIS retail centres in the UK.
• Cambridge enjoys 8.1 million visitors per annum, contributing more than £800m to the city’s local economy.
• 100% prime retail investment on the northern side of Petty Cury, in the heart of Cambridge’s historic retail core.
• The property is let entirely to the undoubted covenant of Nationwide Building Society, on a full repairing and insuring lease until 16th October 2033, providing an approximate unexpired term of 8.40 years.
• Total current income: £440,000 per annum.
• Freehold.

Location

Contacts for this property

Graham
Graham Fawcett
07980 548852
Paddy
Patrick Kilvington
07860 625512
Tom
Tom Heptonstall
07714 255245

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