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Mill Road, Cambridge, Cambridgeshire, CB1 2AD

POA
Eddisons Commercial Limited, Cambridge
SIZE AVAILABLE

775-1,034 sq ft

72-96 sq m

SECTOR

Commercial property for sale

Key features

  • Freehold mixed-use investment
  • Retail unit and studio flats producing rent of £32,000 pa
  • Planning permission to build two further studios
  • 10 mins walk to train station and city centre

Description

Freehold investment property with development opportunity in prime location on Cambridge's popular Mill Road. Comprises a retail unit and seven studio flats, all of which have been sold off, producing a total gross rent of £19,550 pa. There is an option to purchase the 125 year leasehold interest of Flat 5 for £175,000, this flat is let on an AST and produces an income of £12,600 per annum. There is planning permission for a further two studios. Large rear garden used as a seating area. Only 10 mins walk to Cambridge train station and city centre.

Brochures

Mill Road, Cambridge, Cambridgeshire, CB1 2AD

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cambridge Station0.5 miles
  • Cambridge North1.9 miles
  • Shelford Station3.6 miles

About Eddisons Commercial Limited, Cambridge

Cambridge Office, Pound House, Pound Hill, Cambridge, CB3 0AE

Leading commercial property agents in the sale and letting of office, industrial and retail property, plus development and investment opportunities.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3022892FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Eddisons Commercial Limited, Cambridge. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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