Saxon House Saxon Way 29,189 SF 100% Leased Industrial Building Melbourn SG8 6DN £2,650,000 (£90.79/SF) 2.08% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Suitable for trade counter / industrial / office and warehouse uses
- Close to A505 / A10
- Multiple loading bay doors, 3 phase power supply, and ample parking
EXECUTIVE SUMMARY
Prime investment opportunity to purchase the freehold of an Industrial unit in Saxon Way, Royston. The property is part-let to TTP Group PLC on a 10 year lease expiring in 2028, at a passing rent of £55,125.
PROPERTY FACTS Sale Pending
| Price | £2,650,000 |
| Price Per SF | £90.79 |
| Sale Type | Investment |
| Net Initial Yield | 2.08% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Rentable Building Area | 29,189 SF |
| Number of Floors | 1 |
| Year Built | 1970 |
| Parking Ratio | 1.37/1,000 SF |
AMENITIES
- Roller Shutters
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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