icons_size_white icons_size

Unit 214 - 240 (incl. 216, 220 & 230), Cambridge Science Park, Cambridge, Cambridgeshire, CB4, Unit 214 - 240 (incl. 216, 220 & 230), CB4 0FZ

For sale: £62,500,000.00|159904 Sq Ft|Business Park, Office, Offices

PROPERTY DETAILS

FOR SALE£62,500,000.00
SIZE159904 Sq Ft
ADDRESSUnit 214 - 240 (incl. 216, 220 & 230), Cambridge Science Park, Cambridge, Cambridgeshire, CB4, Unit 214 - 240 (incl. 216, 220 & 230), Cambridge, CB4 0FZ
TYPEBusiness Park, Office, Offices
TENUREInvestment Opportunity, Under Offer
POSTED ON23rd February 2021

DESCRIPTION

A rare opportunity to acquire a large 8.20 acre / 5 building campus in the heart of Cambridge Science Park - Positioned in the heart of Cambridge Science Park, 214 - 240 provides a thriving office campus on the UK's leading science park on an impressive scale. This provides a real opportunity to acquire a substantial holding with asset management potential through rent reviews, lease restructuring , refurbishment, extension and redevelopment subject to obtaining the necessary statutory consents.

The properties total 159,604 sq ft across 5 buildings that sits on an 8.20 acre site with a contracted rent (including guarantees) totalling £4,446,040 pa with an average passing rent on the let space of £27.01 psf. The investment opportunity has a diversified income profile, with long term income, reversionary mid-term income and value add potential.

LOCATION

Location: Unit 214 - 240 (incl. 216, 220 & 230), Cambridge Science Park, Cambridge, Cambridgeshire, CB4, Unit 214 - 240 (incl. 216, 220 & 230), Cambridge, CB4 0FZ

Cambridge (2.9 miles)

Waterbeach (3.0 miles)

Shelford (6.0 miles)

close
What do you think of our website?
Complete our survey and
you could win £1000
Start here