Barker Storey Matthews - We Are Your Premier Commercial Property Search Portal
Register NOW to receive property alerts

Commercial Property Search

Investment sale in South Cambridge cluster

Apr 10, 2018

Barker Storey Matthews has confirmed the freehold sale of an office building at South Cambridge Business Park, on which it was the sole agent, to a private investor.

 

Investment sale in South Cambridge cluster

Unit G, South Cambridge Business Park, Sawston is a two storey building with a total of 287.55 sq (3,095 sq ft) of office accommodation across the two floors.  The freehold interest was sold with the benefit of a lease to the current tenant at a rent of £60,500 per annum.

South Cambridge Business Park in Sawston is an established commercial location with a mix of office and light industrial buildings.  Located just seven miles south of Cambridge, the Park offers easy access to the M11 and A11.

Unit G was sold at a price of £735,000, reflecting a net initial yield of 7.81 per cent.

According to Ben Green, Director, Barker Storey Matthews, the Park is in a location which is benefitting from the growth of nearby business and science parks in the commercial arc south of Cambridge city.

“Sawston lies within the heart of the South Cambridge cluster of life science and reasearch parks which host major national and international companies and which are expanding to meet commercial occupier demand,” he said.

For more information about property investment opportunities in the area, contact Ben Green at the Cambridge office of Barker Storey Matthews, tel 01223 467155 or see bsm.uk.com.

 


Like this article?

Quick Search News

What We Do..


Testimonials

Barker Storey Matthews has acted successfully for a number of major corporate clients, private property companies, Local Authorities, individuals, financial institutions and pension funds on a whole variety of property matters.

Click to read more