Mr Fothergills Seeds Ltd, Gazeley Road, Kentford, CB8 7QB

£3,750,000

Size

63,200

Tenure

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EPC

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Parking

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Primary use
Other
Other use(s)
Warehouse, Factory

No floor / site plan

Key features

  • Substantial commercial investment opportunity
  • Let to Mr. Fothergill's Seeds Limited, the property's long-established occupier.
  • £350,000 per annum exclusive in Years 2 and 3, increasing to £367,500 per annum
    exclusive in Years 4 and 5
  • 10 year lease with break at year 6
  • For Sale

Description

A rare opportunity to acquire a substantial freehold commercial investment extending to approximately 6.25 acres, comprising a range of warehouse, storage, office, workshop/engineering and seed-testing facilities. The property is let in its entirety to the long-established occupier, Mr Fothergill's Seeds Limited, on a new 10-year lease commencing in 2026, subject to a tenant break option at the end of Year 6.

The lease provides for rental income of £350,000 per annum exclusive in Years 2 and 3, increasing to £367,500 per annum in Years 4 and 5, with an upward-only rent review in Year 5 to the higher of CPI (subject to a 2%-4% collar and cap) or Open Market Rent. The investment offers an attractive net initial yield of approximately 8.76%, rising to 9.20% in Year 4, allowing for normal purchaser's costs.

Conveniently located close to the A14, approximately 5 miles from Newmarket, 19 miles from Cambridge and 10 miles from Bury St Edmunds, the property also benefits from a significant underlying landholding offering longer-term asset management and redevelopment potential, subject to planning.
Additional information
Service charge
£0
Business rates
£0
Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Mr Fothergills Seeds Ltd, Gazeley Road, Kentford, CB8 7QB

NEAREST STATIONS

National Rail

Kennett Station

0.74 miles

National Rail

Newmarket Station

4.76 miles

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Disclaimer - Property reference 5351FH. 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 Robinson Layer, 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.