Lakes Business Park is strategically located 11 miles north-west of Cambridge and 5 miles south of Huntingdon
Strong road links via the A1307, connecting with the A14, M11 and A1(M)
Prominent modern warehouse unit constructed in 2015
Substantial property totalling 12,728 sq ft on a site of 1.13 acres
Let to Vindis Group Limited until 28 June 2042 with no break options
Total current income: £140,000 per annum (£11.00 per sq ft)
Rent reviewed five yearly to CPIH (collar 1% per annum/cap 3% per annum)
Price: £2,300,000, subject to contract and exclusive of VAT
Net Initial Yield: 5.72% rising to an estimated 6.64% in 2027
Contact Giles Cooper.