Cheffins has recently sold a warehouse investment property in Huntington for £1.25 million on behalf of a private pension fund.
Currently let to Bensons for Beds Manufacturing Limited, the property was purchased by a local investor. It comprises of a large 38,000 sqft warehouse unit and yard in the centre of Stukeley Meadows Industrial Estate, which is a popular trading location and is home to around 100 firms, including Weldlogic Europa Limited, Huntingdon Plant Hire and Landmann Limited.
Alexander Smith, Surveyor at Cheffins comments: “We initially launched the property to the market at a guide price of £1.15 million and received interest from a wide range of investors, developers, and owner-occupiers. After conducting viewings, the marketing process culminated via informal tender. Several competitive offers were received, and the property eventually sold in excess of its guide price for £1.25M, which reflects a Net Initial Yield of 8.3%. The popularity of this lot made it clear that there is strong appetite for industrial investment opportunities in this region, when a property is priced and marketed correctly.”
The deal was completed in May 2025.
For further information on this transaction or to discuss other freehold opportunities in the wider Cambridge area, please contact Alexander Smith or Luke Davenport at Cheffins Commercial Department on 01223 213666 or commercial@cheffins.co.uk