Log In/Sign up
Your email has been sent.
Revolution 3-8 Downing St 9,492 sq ft Retail Property Cambridge CB2 3DS £3,870,000 (£407.71/sq ft) 7.25% Net Initial Yield
Investment Highlights
- One of Cambridge’s most vibrant retail and leisure destinations
- Surrounded by successful restaurant and leisure operators
- Directly opposite the Grand Arcade shopping centre
Executive Summary
Rare opportunity to acquire a freehold single let and high performing leisure property in the heart of Cambridge’s historic centre.
Let to Revolution Bars Limited for a term of 35 years from April 1999 with a guarantee from Inventive GuaranteeCo Limited, providing an unexpired term certain of 8.9 years to expiry.
Passing rent of £300,000 per annum exclusive, subject to an upward only open market rent review in April 2029.
Let to Revolution Bars Limited for a term of 35 years from April 1999 with a guarantee from Inventive GuaranteeCo Limited, providing an unexpired term certain of 8.9 years to expiry.
Passing rent of £300,000 per annum exclusive, subject to an upward only open market rent review in April 2029.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
9,492 sq ft
Costar Property Class
B
Year Built
1960
Price
£3,870,000
Price per sq ft
£407.71
Yield
7.25%
NOI
£280,575
Tenancy
Single
Number of Floors
4
Plot ratio
1.48
Total Plot Size
0.15 ac
Frontage
109 ft on Downing Street
Amenities
- Security System
- Storage Space
1 1
Nearby Major Retailers
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Revolution | 3-8 Downing St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.