Cheffins has sold an industrial investment property in St Ives, near Cambridge, for £1.8 million; £250,000 above the original £1.55 million guide price.
Cheffins suggested the sale highlights continued strength in the regional industrial investment market. The property garnered interest from 20 prospective buyers, with seven making offers above the guide price. Brunel Court was ultimately sold by a private family trust to a private investor in December 2025.
Brunel Court is a multi-let estate and comprises six business units which have been fully re-let. The current annual income is £131,500, achieving a net yield of 6.8%.
Located in the St Ives industrial estate, the property’s tenants include Screwfix, Jewson, Acushnet, SIG Roofing and HSS. The best specified units locally command rents north of £10 per sq ft.
Alexander Smith, associate at Cheffins, said: “Brunel Court offered a compelling investment opportunity for local investors as well as national property companies. By pricing competitively, we saw an overwhelming amount of interest over the targeted four-week marketing period.
“With demand far outweighing supply for this type of property, the number of viewings and the price achieved at Brunel Court demonstrate the ongoing requirement for multi-let industrial estates in the region, especially in the £1 million to £2 million price range.
“Over the past 10 years, the industrial sector has quietly delivered consistent rental growth and robust occupier demand across the wider Cambridge region. For those taking a long-term and strategic approach, industrial investment opportunities allow for not only stable income but also the potential for significant capital appreciation.”
The units at Brunel Court were built in the late 1990s and each come with a minimum of seven parking spaces. The units all have planning permission for light industrial storage, and other business uses under Use Class E.
Image: Cheffins
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