29/02/2024
News
Industrial premises freehold opportunity south of Cambridge
The freehold of a part let, part vacant business premises in an established industrial location 11 miles south of Cambridge is being marketed by Eddisons.
Totalling 29,189 sq ft (2,711.69 sq m) across two properties, Saxon House & Unit 8 Saxon Way in Melbourn is suitable for a number of commercial uses, industrial, trade counter, office or warehouse.
At 13,428 sq ft (2,247.48 sq m), Saxon House is leased to technology consultants, TTP, as R&D accommodation, with loading bay access and parking for up to 20 cars.
Unit 8 is offered with vacant possession and is 15,761 sq ft (1,464.21 sq m) of showroom and office accommodation. The office space is configured in layouts offering private offices, meeting rooms and breakout spaces while also providing 25 parking spaces.
Saxon Way Industrial Estate is a high profile business location accessed from the A10 road between Cambridge and Royston. A railway station in the neighbouring village of Meldreth is served by trains between London King’s Cross and Cambridge’s two railway stations.
The village of Melbourn, itself, has a range of retail and service sector amenities.
Eddisons’ Mark Critchley, who is leading the Cambridge agency’s on Saxon House and Unit 8, believes the widely acknowledged lack of laboratory & industrial space in the Cambridge area adds to the attractiveness of this freehold instruction.
He said, “The undersupply of modern R&D and wider industrial accommodation in this part of Cambridgeshire is something on which many agents and operators in the area have commented on.
“The spotlight remains on the strength of the industrial property sector, in general, where freehold investment opportunities are rare and occupier demand remains positive.
“We expect this latest instruction on Saxon Way Industrial Estate to attract strong attention and urge any parties to register interest sooner rather than later now it has been publicly launched to the market.”
Eddisons is the sole agent under instruction. OIRO £2.9 million are invited. Viewing is strictly by appointment only through Eddisons’ office in Cambridge.
