21 Hills Road, Cambridge

Price Offers invited to Fund or Joint Venture

Tenure Freehold

Size 2,971 sq ft

Overview

Unrivalled opportunity to fund REAFF House, a prime and unique mixed-use office and restaurant / bar development.
Property specification
- REAFF House will deliver a high specification development. BREEAM 'Excellent'.
- The offices will be arranged over basement, ground and 3 upper floors totalling approx. 12,917 sq ft (1,200 sq m).
- Restaurant / bar over ground floor and basement totalling approx. 2,971 sq ft (276 sq m).
- Projected Rent: - Offices - ¬£748,529 pa (¬£60.00 per sq ft with 25% discount for basement level and ¬£3,000 for parking space) - Total - ¬£816,529 per annum
- Start on site Q1 2025. Practical completion Q2 2026.
- Our client owns the site and we are instructed to seek offers from investors or occupiers to fund or joint venture the development.

Richard Walden

Associate, Capital Markets

Located in the heart of Cambridge, between the railway station (5 mins walk) and the City centre (10 mins walk).

Property Advisors

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.

Max Bryan

Partner, Head of Office & Laboratory Agency

Max works with pioneering innovators and tech entrepreneurs, leading our unparalleled offices and labs agency team.