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      Who we are/ Our Teams/ Capital Markets Team/ Completed Transactions/ Clarendon House, Cambridge Deal

      Disposal of rare Cambridge city centre multi let office investment

      Clarendon House, Cambridge
      Clarendon House, Cambridge

      LaSalle Investment Management


      Net yield

      Sale of city centre freehold Cambridge office building totalling 23,816 sq ft, with an excellent car parking ratio of 1:433 sq ft. Multi let to five tenants on six leases AWULT of 4.31 years and 2.58 years to breaks. Total income £657,924 per annum which equates to an overall rate of £27.63 per sq ft. Potential reversion to in excess of £30 per sq ft overall. Longer term redevelopment optionality.

      Clarendon House, Cambridge 2
      Clarendon House, Cambridge 4
      Clarendon House, Cambridge 3
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