Old Station Yard extends to approximately 1.64 acres and comprises a range of commercial buildings, office accommodation and large yard. The property is let in its entirety on full repairing and insuring terms to SIG Trading Limited, producing a current passing rent of £98,000 per annum. The lease commenced on 31 October 2023 and expires on 30 October 2028.

The current passing rent reflects approximately £9.80 per sq ft across the principal office and warehouse accommodation. We consider this to represent a relatively low average rental level for the site as a whole, given its strategic location, site coverage and proximity to Cambridge — providing scope for future rental growth and asset management opportunities.

In addition to its investment credentials, the site benefits from a positive pre-application response from South Cambridgeshire District Council indicating support in principle for a redevelopment scheme comprising 9 residential dwellings together with retained employment accommodation, providing purchasers with significant medium-term development potential subject to obtaining planning consent.

The combination of immediate income, strategic location and future development prospects presents a compelling opportunity for investors, developers and owner-occupiers alike.

Harston is an attractive and highly desirable village located approximately 5 miles south of Cambridge city centre. The village benefits from excellent transport connections including direct access to the A10, convenient links to Junction 11 of the M11 motorway and nearby rail services providing connections to Cambridge and London King's Cross.

Cambridge continues to be one of the strongest performing economic centres in the UK, driven by its globally recognised technology, science, education and life sciences sectors. The city attracts significant inward investment and supports a robust residential and commercial property market.

The property occupies a highly accessible position within the South Cambridgeshire commuter belt, approximately 1.5 miles from Foxton railway station and within easy reach of Cambridge city centre.

East West Rail

Prospective purchasers should note that a small part of the site is affected by the current East West Rail proposals. The land identified comprises a narrow section at the South Western end of the site proposed for permanent acquisition and a further small area proposed for temporary possession during the construction phase. The areas affected are shown on the East West Rail land plans and are considered to represent only a small proportion of the overall holding. A detailed Agent's Note, together with the relevant plans and further information regarding the proposals, is available from the agents upon request.