Property Information
Address:
The Maltings, High Street, Cambridge, Cambridgeshire
, CB25 0HB
, Cambridgeshire
, United Kingdom
Price: Property no longer available.
Size: 4809 sq ft447 sqm
Primary Category: Office
All Categories:
Investment, Office,
Property Ref/Movehut: MH641505
Property Ref/Agent: 17347
*Please use the agent ref when calling the agent directly.
Property description
Multi-let office investment located in the sought after village of Burwell, approximately 5 miles north west of Newmarket and 11 miles north east of Cambridge. The property is currently let to 7 tenants and produces a total income of £50,540 per annum. Offers in the region of £725,000 are sought.
The property also lends itself to residential conversion, subject to the necessary planning consents.
Multi-let office investment
Potential office to residential conversion opportunity
Fibre internet available
Good on -site car parking
The Energy Performance Certificate is available on request.
The building is Grade II listed, English Heritage building ID 1126404. Further information is available from the Historic England website.
A sale price of £800,000 reflects a gross yield of 6.32% and a net initial yield of 6.00%.
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