Ashwell Point, Dales Manor Business Park, Cambridge
Sale of a south east multi-let office
Client
Pigeon Investment Management
Price
£3.41m
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Located on Dales Manor Business Park, Ashwell Point provides 19,151 sq ft of office accommodation plus an excellent provision of 101 car parking spaces (1:190 sq ft).
The property, which has future development potential for alternative uses, is multi let to three tenants with a WAULT of 3.34 years to expiry and 2.14 year to break with all leases outside the 1954 Act.
Passing rents are off a low average of £16.74 psf with a 2,493 sq ft suite vacant offering excellent reversionary potential.
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