Investment highlights include:
• Exceptionally attractive cathedral city and one of the UK’s leading retail destinations
• Affluent primary catchment of 627,000 people, ranked 22nd out of 200 UK retail centres
• Cambridge attracts 8.1 million annual visitors, contributing £800m+ to the local economy
• Located on a 100% prime retailing pitch, on the eastern side of Market Hill
• Let to international athleisure brand Lululemon on an FRI lease expiring in August 2031, with a tenant break option in 2026.
• The property generates a passing rent of £150,000 per annum.
FMX's Graham Fawcett, Tom Heptonstall and Patrick Kilvington have been instructed to seek offers in excess of £2.25m for the freehold, reflecting a net initial yield of 6.25%. Take a look at the brochure below, then get in touch to start a conversation.
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