CSC then decided to make a public proposal at $21/share (27% spread to current prices), however, the offer was rejected as undervaluing the company. In Jun/Sep'22, the company received two merger offers from retail-focused PE firm CSC (2% stake), however, BSET management did not engage with the buyer. The company has $85m in net cash (56% of the current market cap).
There are a number of popular public houses and restaurants in the vicinity including Midsummer House and Restaurant 22. Close at hand are extensive cultural amenities including a variety of museums, cinemas and theatres, along with the Cambridge Colleges, 31 in all, and punting is available at nearby Quayside. Comprehensive shopping facilities are available in Cambridge and includes The Grand Arcade and Grafton Centre shopping malls, a busy daily market and a number of independent shops. Chesterton Road runs along the bottom of Alpha Road with views towards Jesus Lock Footbridge, over the river Cam and neighbouring Jesus Green - a large six acre public park which hosts a number of formal and informal recreational, charitable and sporting activities. Situated close to the heart of Cambridge city centre and backing on to Alexandra Gardens a pleasant green space with fenced-in play area and sheltered bowling green and pavilion.I was immediately struck by what a brilliant package Alpha Road is. View payable Stamp Duty for this property Outside at the front there is parking for two cars and to the rear is an enclosed garden laid mainly to lawn with deep borders stocked with mature shrubs and perennials. The annexe comprises a bedroom, reception room, and kitchen area and can be accessed through the house or a separate front door leading directly into the reception room.
The family bathroom could benefit from a cosmetic refurbishment. At the front a large reception room spans the width of the house and has access to good size balcony with a south westerly aspect. Upstairs there are two well-appointed bedrooms overlooking the rear garden and Alexandra Gardens beyond. There are a wide array of floor and wall mounted units with plumbing for a dishwasher and washing machine.
Beyond a conservatory with bi-folding doors opens out to the garden. On the left the hall opens into a large L-shaped kitchen breakfast room. The main house is accessed through a door on the side of the house which leads into the hall. The property which measures approximately 1410 square foot was built in the mid 1960s and is currently arranged as a two bed house with an attached one bed annexe - but could be readily altered to provide a further bedroom and reception room. The house which is located on a quiet road off from Chesterton Road backs onto Alexandra Gardens which has a large play area for children and a lawn bowls green used by the Alexandra and Beehive Bowling Club.
#ZGALLERY AND ALPHA ROAD WINDOWS#
44 Alpha Road is a modern semi-detached house built of brick with a tiled roof and double glazed windows throughout.
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