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AGENT'S DETAILS


Unit A1, 146 Hills Road, Cambridge, CB2 8PB

For sale: £350,000.00|1225 Sq Ft|Other, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£350,000.00
SIZE1225 Sq Ft
ADDRESSUnit A1, 146 Hills Road, Cambridge, CB2 8PB
TYPEOther, Other Property Types & Opportunities
TENUREInvestment Opportunity, Under Offer, For Sale Freehold
POSTED ON14th May 2020

DESCRIPTION

Cambridge Retail Investment For Sale

Established Cambridge Retail and Leisure Location
Current Income of £28,788 per annum
OIEO £350,000
7.92% Net Initial Yield
Long Leasehold - 150 years

Essentialz is a small supermarket which occupies a central unit within the Belvedere serving the nearby residents and student. The Tenant fit-out includes, suspended ceilings, LED lighting, air conditioning, wood and vinyl flooring.

There are staff facilities and W/C at the rear of the property as well as rear access through the service yard.

The property is held under a long leasehold interest, along with 6 other units in the parade (which is being broken up), dated 9 March 2007 expiring on 9 March 2157. There is a peppercorn rent payable.

Please contact the joint agents for further information.

Carter Jonas LLP

William Rooke MRICS
William.Rooke@carterjonas.co.uk
01223 326 815 / 07899 081 027

Sebastian Denby MRICS
Sebastian.Denby@carterjonas.co.uk
01223 346 640 / 07788 364 635

And

MacLaren and Partners LLP

Duncan MacLaren MRICS
Duncan@MacLarenpartners.co.uk
020 7317 3132 / 07770 648 755

( Agency Pilot Software Ref: 20009920 )

LOCATION

Location: Unit A1, 146 Hills Road, Cambridge, CB2 8PB

Cambridge (0.4 miles)

Shelford (2.8 miles)

Foxton (5.8 miles)

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