Newly built 68,000 sq ft multi-let estate and adjacent 3.4 acre development site with planning permission for 73,000 sq ft. Located in the Oxford/Cambridge arc seven miles south of Cambridge City Centre and less than five miles from junction 10 of the M11.

Key statistics

Purchase price



68,000 sq ft


8.1 years

Contracted rent

£0.7m p.a.

Key Occupiers

Pulpex Ltd, Harrow Green Ltd, Building Product Solutions Ltd



Why did we buy it?

Purchased in May 2021 for £20.2m, reflecting a net initial yield of 4.2% on the apportioned price for the completed buildings. Cambridge is one of the fastest growing employment and innovation centres with industrial availability at just 3.7%. High specification with EPC ratings of A-B and a renewable energy source on site.

What is the future?

Increasing occupancy by leasing the three remaining vacant units which currently benefit from a rental guarantee.  Marketing campaign for the development of the 14-unit, 73,000 sq ft Phase 2 with risk managed via pre-lets.

Sustainability features

  • Wind turbine – operating renewable energy source
  • Plentiful supply of bike racks supporting sustainable travel
  • Current EPC ratings are A/B, clear strategy to target A-rated units
  • Sustainable focused tenants, potential partners for advancing sustainable agenda