LONGSTANTON

Longstanton, Cambridgeshire, 93/113 High Street CB24 3BT

Dominant Neighbourhood Freehold Retail and Residential Investment

The property has the following key attributes that we would like to draw to your attention:

• Longstanton is an important satellite growth area for Cambridge
• Dominant core shopping location
• Mixed use supermarket anchored retail parade
• 6 upper floor flats let on ASTs

Our clients have instructed us to seek offers in excess of £3,300,000 (Three Million Three Hundred Thousand Pounds) subject to contract and exclusive of VAT for the freehold interest in the property. A purchase at this price would show an investor an attractive net initial yield of approximately 7.28% on the commercial income and assumes a ‘wholesale’ discount of £1,500,000 or a low £300 psf on the six flats assuming standard purchaser’s costs.