Disposal of a freehold office scheme
Buccleuch Property/Wrenbridge JV
Multi-let 1990s scheme comprising five office buildings totalling 3,575.62 sq m (38,488 sq ft) located on the south side of Cambridge adjacent to Shelford Railway Station. Producing £725,000 per annum. The sale was the exit from a three year business plan to add value through refurbishment and reletting of units and to grow rental value during the hold period.