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46 Exeter Rd 15,702 sq ft Vacant Light Industrial Property Newmarket CB8 8LR £1,500,000 (£95.53/sq ft) 10% Net Initial Yield
Investment Highlights
- 13 miles east of Cambridge
- 35 miles from London Stansted Airport
- Regular rail services to Cambridge and London Liverpool St
Executive Summary
46 Exeter Road is a substantial warehouse currently used for furniture storage and distribution on a site of over 33,800 sq ft. Producing £150,000 per annum on a new 20-year lease, the property offers a long, secure income stream with open-market rent reviews every five years. The vendor owns the building in his personal name and is willing to remain in occupation — or provide full vacant possession on completion. At the asking price, this represents a clean 10% initial yield on a long-dated freehold with significant site area and room to grow.
Property Facts
| Price | £1,500,000 | Costar Property Class | C |
| Price per sq ft | £95.53 | Total Plot Size | 0.78 ac |
| Sale Type | Investment or Owner Occupier | Net Internal Area (NIA) | 15,702 sq ft |
| Yield | 10% | No. Floors | 1 |
| Tenure | Freehold | Year Built | 1980 |
| Property Type | Light Industrial | Parking Allocation | 0.7/1,000 sq ft |
| Property Subtype | Light Distribution |
| Price | £1,500,000 |
| Price per sq ft | £95.53 |
| Sale Type | Investment or Owner Occupier |
| Yield | 10% |
| Tenure | Freehold |
| Property Type | Light Industrial |
| Property Subtype | Light Distribution |
| Costar Property Class | C |
| Total Plot Size | 0.78 ac |
| Net Internal Area (NIA) | 15,702 sq ft |
| No. Floors | 1 |
| Year Built | 1980 |
| Parking Allocation | 0.7/1,000 sq ft |
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46 Exeter Rd
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