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S-Tech 154-156 Victoria Rd 8,152 SF 100% Leased Office Building Cambridge CB4 3DZ $2,219,920 ($272.32/SF)
Investment Highlights
- Prominent position at the junction of Victoria Road, Harvey Goodwin Avenue and St Luke's Street
- Victoria Road (A1134) provides direct links between Huntingdon Road, the A14 and Cambridge city centre
- Located approximately 1 mile north of Cambridge city centre
- Surrounding area comprises dense residential neighbourhoods with established commercial and retail occupiers
Executive Summary
Part of the ground floor is let to Gray & Toynbee (Cambridge) Ltd and guaranteed by Toynbee Gray Holdings Ltd on a 10 year full repairing and insuring lease from 20th May 2022 at a current rent of £30,000 per annum
Cambridge City Council have granted prior approval for the change of use from Class E to Class C3 (dwelling houses) to create 5 apartments (3 x 2 bed and 2 x 1 bed) at first and second floor under reference 25/04035/PRIOR.
Cambridge City Council have granted prior approval for the change of use from Class E to Class C3 (dwelling houses) to create 5 apartments (3 x 2 bed and 2 x 1 bed) at first and second floor under reference 25/04035/PRIOR.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Office/Residential
Building Size
8,152 SF
Building Class
C
Year Built
1959
Price
$2,219,920
Price Per SF
$272.32
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,717 SF
Parking
5 Spaces (0.61 Spaces per 1,000 SF Leased)
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S-Tech | 154-156 Victoria Rd
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