Commercial property for sale in 3E & 3F St Thomas Place, Ely, Cambs CB7

£750,000 (£231.12/sq. ft)
Commercial property for sale 3,245 sq. ft*
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Property description

*** office investment opportunity - substantially let to nfu mutual ***

A pair of modern office buildings built in 2008 totalling 3,245 sq ft (net) with 11 car spaces let to 2 tenants at an aggregate rent of £50,820 per annum and situated on Ely's premier business park, which is close to the rail station and new Ely southern bypass. The whole of 3e and ground floor of 3f (2,440 sq ft) is let to nfu Mutual to March 2030 at £37,820 per annum (tenant break at March 2025). The first floor of 3f (805 sq ft) is let to Argo Aviation International at £13,000 per annum until September 2024. Guide price reflects an attractive gross yield of 6.78% (approx 6.35% net yield).

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Robinson Layer LLP, CB5 on +44 1223 784743 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Robinson Layer LLP, and do not constitute property particulars. Please contact Robinson Layer LLP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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