Clarendon House, Cambridge
Projects

Clarendon House, Cambridge

Client
LaSalle Investment Management
Price
£13.9m
Net yield
4.43%

Sale of city centre freehold Cambridge office building totalling 23,816 sq ft, with an excellent car parking ratio of 1:433 sq ft. Multi let to five tenants on six leases AWULT of 4.31 years and 2.58 years to breaks. Total income £657,924 per annum which equates to an overall rate of £27.63 per sq ft. Potential reversion to in excess of £30 per sq ft overall. Longer term redevelopment optionality.

Clarendon House, Cambridge 2
Clarendon House, Cambridge 4
Clarendon House, Cambridge 3

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Saul Western

Partner, Head of Commercial

Providing thorough and professional investment advice across the golden triangle and beyond.

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Richard Walden

Associate, Capital Markets

Equipped with a methodical and analytical approach, Richard strives to secure his clients the best deals possible – often leading to repeat business.

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