Property Information
Address:
The Merrifield Centre, 12 Rosemary Lane, Cambridge
, CB1 3LQ
Price: Property no longer available.
Size: 11532 sq ft1071 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH657310
Property Ref/Agent: 20008808
*Please use the agent ref when calling the agent directly.
Property description
12,654 sq ft Cambridge Office and Laboratory Freehold Investment For Sale
Executive Summary
- Cambridge is internationally renowned for its University and research & development into the technology, life science and medicine sectors.
- COVID 19 has highlighted the importance of life science research which has seen significant growth over the past 18 months.
- 12,654 Sq Ft of Office and Laboratory accommodation.
- Single Let to Nanna Therapeutics Ltd.
- Total rent of £291,042 per annum exclusive representing £23.00 per sq ft.
- Long Term Redevelopment Potential.
- Offers are sought in excess of £4,200,000 subject to contract and exclusive of VAT.
- A purchase at this level would reflect a NIY of 6.50% and a capital value of £332 per sq ft assuming standard purchase costs.
Cambridge Freehold Investment
Office and Laboratory
100% let to Nanna Therapeutics
EPC D (89)
;