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Convenience Store Hobson Sq

5,346 SF Retail Building Cambridge CB2 9GZ $3,646,460 ($682/SF) 7.76% Cap Rate

Retail Space Cambridgeshire Cambridge Hobson Sq, Cambridge CB2 9GZ

INVESTMENT HIGHLIGHTS

  • Multi award winning new community by national developer Vistry Group
  • Close proximity to the internationally renowned Cambridge Biomedical Campus
  • Total income of £155,000 per annum
  • Hobson Square forms the commercial hub for the wider community
  • Attractive new build arranged over ground floor providing 5,346 square feet
  • Virtual freehold interest for sale at peppercorn rent

EXECUTIVE SUMMARY

Attractive new build investment in Great Kneighton, Cambridge. The vendor is seeking offers in excess of £2,900,000, reflecting a net initial yield of 7.76%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
5,346 SF
Year Built
2022
Price
$3,646,460
Price Per SF
$682
Cap Rate
7.76%
NOI
$282,965
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
7.22 AC
Frontage
105 FT on Poulter Walk

AMENITIES

  • Bus Line
  • Commuter Rail

LINKS

1 of 1

NEARBY MAJOR RETAILERS

Nisa
Waitrose & Partners
+44 7751 220817

CONTACT

  • Listing ID: 33034125

  • Date on Market: 9/2/2024

  • Last Updated:

  • Address: Hobson Sq, Cambridge CB2 9GZ

The Retail Property at Hobson Sq, Cambridge, CB2 9GZ is currently available for sale. Contact Green & Partners LLP for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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Convenience Store | Hobson Sq
+44 7751 220817 x

Convenience Store | Hobson Sq

Ben Simpson

+44 7751 220817

+44 7751 220817

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