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Summer sees office investment sale in central Cambridge

09/08/2024

News

Office space in Cambridge continues to thrive!

The summer has seen the investment sale of the freehold of a self-contained office building on Dover Street in central Cambridge for a sum in excess of the guide price, confirms Eddisons.

Eddisons acted as sole agent under instruction in marketing 01 Dover Street - a prominent office property on the corner of East Road, opposite Anglia Ruskin University - for sale, or to lease, with vacant possession and immediate availability.

01 Dover Street is a 1,634 sq ft (155 sq m), newly decorated, three storey building, with parking.

Its freehold was marketed for sale by the agents for £640,000, but Eddisons confirms it was sold for £660,000 to a private investor who intends to let the property out for office use.

Eddisons’ Joseph Berry commented, “The property attracted strong interest from a number of parties.

“Achieving a sale price in excess of our guide price at marketing launch demonstrates that demand for office property investment in central Cambridge endures.”

For more information on freehold property opportunities or office property to let in central Cambridge, contact Joseph Berry at Eddisons, tel 01223 467155, [email protected].

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