Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Building Area
Land Area ()

Property description

Cambourne Park presents a rare opportunity to acquire 3 high-quality Grade A office buildings totalling 129,838 sq ft. Located only eight miles west of Cambridge, the UK's leading growth market, Cambourne Park offers significant reversionary potential.

Investment highlights

  • Cambourne Park is located eight miles west of Cambridge city centre, the UK’s leading growth market which is world renowned for research, development and technological innovation.
  • Cambourne is set to be boosted from substantial residential expansion and significant infrastructure improvements within close proximity providing fast connections to the city centre and across the wider Cambridge-Oxford Arc.
  • The Park provides an established, high-quality business environment, benefiting from a thriving tech and innovation occupier community.
  • Three Grade A office buildings totalling 129,838 sq ft set within attractive grounds covering approximately 7.5 acres.
  • Multi-let to nine tenants (76% tech/innovation based) providing a topped up rent of £2,924,045 per annum and reflecting only £22.24 per sq ft on the let space.
  • The contracted rental income reflects a 40% discount to prime out of town rents providing strong reversionary potential.
  • Immediate and mid-term asset management opportunities to drive both rental and capital performance.
  • WAULT of 7.2 years to expiries and 4.3 years to lease breaks.
  • Excellent car parking ratio of 1:246 sq ft overall, with a total of 527 spaces.
  • A rare Cambridge Freehold.


Last Updated Date: 01 Oct 2021
Simon Verrall
Simon Verrall
Head of National Office Investment
Sam Gibson
Sam Gibson
Director - National Investment

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Last Updated Date: 01 Oct 2021

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