Offers around £2.9m invited for Melbourn freehold opportunity

10 Mar, 2024
Newsdesk
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, the sole agent.
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Saxon House & Unit 8 Saxon Way, Melbourn. Image courtesy of Eddisons.

Totalling 29,189 sq ft across two properties – Saxon House and Unit 8 Saxon Way in Melbourn – the space is suitable for a number of commercial uses, industrial, trade counter, office or warehouse. Eddisons says offers in the region of £2.9 million are invited, which covers both properties in the one package.

At 13,428 sq ft, Saxon House is leased to technology consultant 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 of showroom and office accommodation. The office space is configured in layouts offering private offices, meeting rooms and breakout spaces. There are 25 parking slots.

Saxon Way Industrial Estate is a high profile business location accessed from the A10 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 marketing on these opportunities, 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.”

Viewing is strictly by appointment through Eddisons’ in Cambridge.