Freehold investment property with development opportunity in prime location on Cambridge's popular Mill Road. Comprises a retail unit and seven studio flats, all of which have been sold off, producing a total gross rent of £19,550 pa. There is an option to purchase the 125 year leasehold interest of Flat 5 for £175,000, this flat is let on an AST and produces an income of £12,600 per annum. There is planning permission for a further two studios. Large rear garden used as a seating area. Only 10 mins walk to Cambridge train station and city centre.