Brunel Court, St Ives, Cambridgeshire for sale in St Ives - Cheffins Commercial

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£1,550,000

Brunel Court, St Ives, Cambridgeshire, PE27 3LW

19,552_Sq.ft

alexander.smith@cheffins.co.uk 07827 134685

Alexander Smith

About this property

Key features

6 versatile units, all recently re-let
Established industrial location with strong demand from local occupiers
1,816.45 sq m (19,552 sq ft) GIA
Current income £131,500 per annum
Guide Price : £1.55M
Reflects a net yield of 8% and a low capital value of f £79 per sq ft

Description

Brunel Court comprises six recently re-let units in an established industrial location, which has benefitted from strong occupational demand and rental growth over the past 3-5 years. The guide price of £1.55 million reflects a net initial yield of 8%, offering a healthy return on investment from day one. The combination of secure income from good covenant occupiers and low capital value per sq ft makes this a compelling opportunity for investors seeking a stable industrial asset with potential for capital appreciation over time.