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
• This property is located on the northern side of Petty Cury - a 100% prime location
• Let in full to the undoubtable covenant of Nationwide Building Society
• FRI lease expiring in October 2033 offering an 8.4 years unexpired term
• Current passing rent of £440,000 per annum
We are instructed to seek offers in excess of £6.1m, reflecting a net initial yield of 6.75%. Take a look at the brochure below and then get in touch with Graham Fawcett, Tom Heptonstall or Patrick Kilvington for more details.
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