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      Who we are/ Our Teams/ Capital Markets/ Completed Transactions/ St Andrews House, Cambridge Deal

      Acquisition of a rare city centre retail and office block

      St Andrew's House, Cambridge

      Client
      Cambridge College

      Price
      £32.43m

      Net yield
      4.71%

      Substantial city centre block providing 21,800 sq ft of retail accommodation over ground and basement, and 28,000 sq ft of office space over three upper floors, with basement car parking. Multi-let to 21 tenants at a gross rent of £1,633,000 per annum. Strategic purchase of long leasehold interest on behalf of the freeholder.

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