Unit 6 Pembroke Avenue, Denny End Industrial Estate, Waterbeach , Cambridge, CB25 9QP

A rare opportunity to purchase a well-let light industrial unit in an established commercial location in close proximity to Cambridge.

• Overview

  - Strategically located north of Cambridge along the A14 corridor, approximately 3 miles from the A14 and Cambridge Science Park, providing excellent connectivity to the wider road network and central Cambridge;

  - Long Leasehold of 999 years from 27/02/2007 at a peppercorn rent;

  - Fully let to a very strong covenant with a WAULT of 4.5 years;

  - Rental income of £52,000 per annum exclusive (£9.77 per sq ft);

  - Offers invited in excess of £750,000. A purchase at this level reflects an attractive net initial yield of 6.50% and a low capital value of approximately £140 per sq ft.

  The property is a mid-terrace industrial / warehouse unit of steel portal frame construction. Elevations comprise brick and block construction with profile sheet metal cladding above. On ground floor there is a reception area, office, kitchen, WC's and the main warehouse space. At first floor, the original mezzanine area has been extended by the current tenant under a Licence to Alter.

• Property specification

  • 6.25 m eaves
  • Roof lights
  • 1 x level access electric roller shutter door
  • Gas fired heating system
  • Male & Female WC's
  • Three phase power
  • Loading yard and parking to front