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AGENT'S DETAILS


Units B1 And B2, 144 Hills Road, Cambridge, CB2 8PB

For sale: £650,000.00|2128 Sq Ft|Other, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£650,000.00
SIZE2128 Sq Ft
ADDRESSUnits B1 And B2, 144 Hills Road, Cambridge, CB2 8PB
TYPEOther, Other Property Types & Opportunities
TENUREInvestment Opportunity, Under Offer, For Sale Freehold
POSTED ON1st February 2019

DESCRIPTION

Opportunity to acquire well located retail investment in Cambridge

Established Cambridge Retail and Leisure Location
Offers in excess of £650,000
Current Income of £44,000 per annum
6.44% Net Initial Yield

Rutland Cycling 2013 Ltd occupy units B1 and B2 within the Belvedere. The two units are held on separate, co-terminus leases but the shop floor area has been opened up to provide an open plan sales environment. The Tenant fit-out includes, suspended ceilings, spot 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 headlease of units B1 and B2, A1 - A5 with shared bin and bicycle stores dated 9 March 2007 expiring on 9 March 2157. There is a peppercorn rent payable. Please contact the agents for more information.

Viewings are to be arranged through Joint Agents;

Carter Jonas

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

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

and

MacLaren & Partners

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



( Agency Pilot Software Ref: 20010009 )

LOCATION

Location: Units B1 And B2, 144 Hills Road, Cambridge, CB2 8PB

Cambridge (0.4 miles)

Shelford (2.8 miles)

Foxton (5.8 miles)

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