Hobson Avenue, Cambridge, Cambridgeshire, CB2
£307.24 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
10,578 sq ft
983 sq m
- SECTOR
Convenience store for sale
Key features
- Attractive new build investment opportunity in Great Kneighton, Cambridge
- Hobson Square forms the commercial and community hub for wider area
- Well configured retail accommodation across 4 units totalling 10,578 sq ft
- 63% let to undoubted Sainsbury's Supermarkets Limited covenant
- Long WAULT to break of 12.1 years with index linked income throughout
Description
Sector - Mixed use - retail, medical & leisure
For Sale - x4 Ground floor units
Tenure - Virtual freehold at a peppercorn
Tenancy - Multi-let to Sainsbury's Local (63% of income)
Total Income - £244,510 pa
Seeking offers in excess of £3,250,000.
A purchase at this level would reflect a net initial yield of 7.07%
Brochures
Hobson Avenue, Cambridge, Cambridgeshire, CB2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cambridge Station1.5 miles
- Shelford Station1.8 miles
- Cambridge North3.8 miles
About Clifton Agency, London
Fouberts Place, London, W1F 7PL
Notes
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