Asking Price
Area Size
NOI Net Operating Income
Cap Rate
Asking Price
Area Size
NOI Net Operating Income
Cap Rate

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Building Area Net

Property description

Cambridge House provides an exciting opportunity to acquire a large, freehold site in the heart of Camberwell offering flex office space with alternative use potential.


Investment highlights

  • Camberwell is located in Southwark, a pro-development London borough with over £3 billion of inward investment to drive growth.
  • The surrounding area is subject to significant regeneration which will provide new homes, better transport, improved amenity and create thousands of new jobs.
  • Camberwell benefits from access to three underground stations and Denmark Hill railway station, all within one mile of Cambridge House.
  • Camberwell’s surging cultural scene and high economic activity rate makes it a highly attractive business location.
  • Cambridge House comprises a collection of period and modern buildings on a 0.4 acre site providing 18,396 sq ft NIA (27,369 sq ft GIA) of flex office space over ground and six upper floors.
  • Diverse income profile with forecasted net operating income of £409,849 per annum.
  • Significant potential to improve the overall efficiency of the building whilst enhancing the rental tone through accretive asset management initiatives and greater utilisation of the space.
  • Future alternative use potential (subject to planning) with part of the property comprising five former Georgian terraced houses.
  • The property is held freehold.


Offers are sought in excess of £4,500,000 (Four Million, Five Hundred Thousand Pounds) subject to contract and exclusive of VAT.

A purchase at this level reflects an attractive forecasted operating yield of 8.55% exclusive of purchaser’s costs of 6.57% and a low capital value of £245 per sq ft.

Last Updated Date: 13 Nov 2021

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 13 Nov 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.