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46 Exeter Rd 15,702 SF Vacant Flex Building Newmarket CB8 8LR $2,829,342 CAD ($180.19 CAD/SF) 10% Cap Rate
Investment Highlights
- 13 miles east of Cambridge
- 35 miles from London Stansted Airport
- Regular rail services to Cambridge and London Liverpool St
Executive Summary
46 Exeter Road is a substantial warehouse currently used for furniture storage and distribution on a site of over 33,800 sq ft. Producing £150,000 per annum on a new 20-year lease, the property offers a long, secure income stream with open-market rent reviews every five years. The vendor owns the building in his personal name and is willing to remain in occupation — or provide full vacant possession on completion. At the asking price, this represents a clean 10% initial yield on a long-dated freehold with significant site area and room to grow.
Property Facts
| Price | $2,829,342 CAD | Building Class | C |
| Price Per SF | $180.19 CAD | Lot Size | 0.78 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 15,702 SF |
| Cap Rate | 10% | No. Stories | 1 |
| Tenure | Freehold | Year Built | 1980 |
| Property Type | Flex | Parking Ratio | 0.7/1,000 SF |
| Property Subtype | Light Distribution |
| Price | $2,829,342 CAD |
| Price Per SF | $180.19 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 10% |
| Tenure | Freehold |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 0.78 AC |
| Rentable Building Area | 15,702 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Parking Ratio | 0.7/1,000 SF |
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46 Exeter Rd
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