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Investment purchased for redevelopment

wantspacegotspace.co.uk - Investment purchased for redevelopmentStudent Housing experts, TJAC has purchased a prominent office investment in Cambridge.

TJAC, an international development company that specialises in providing a full range of student housing real estate development services for projects both international and domestic, has acquired Elizabeth House, Cambridge. The office building totals circa 34,800 sq ft and is set in large self contained grounds extending to circa 2.64 acres and does offer redevelopment potential

The investment fronts onto the High Street, located one mile to the north of the city centre in Chesterton. It is let to two office tenants and generates an annual income of circa £670,000.
Hartnell Taylor Cook LLP's London office advised the vendors, Highclare Properties and have been retained by TJAC to manage the premises.

Posted by The Editor (wantspacegotspace) on 13th May 2013 (updated 17/05/2013)

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