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The White Wire

Development and Investment news from the most effective Commercial Property Consultants along the London to Birmingham M40 motorway

Pears Property Pick Windover Court in Huntingdon

29 March 2018

Windover Court Industrial Estate has been sold by White Commercial in Huntingdon, Cambridgeshire.

The estate, comprising 5 units, totalled over 17,000 sq ft and was purchased by The Pears Group www.pearsproperty.co.uk. The investment produced a net income of over £78,400 per annum exclusive and White Commercial Surveyors achieved close to their asking price of £900,000.

Huntingdon is home to a multitude of international businesses including ABB Bosch and Hotel Chocolat, with the region boasting a thriving small to medium sized business sector with over 60,000 enterprises and 700,000 jobs generating over £30 billion per annum. White Commercial Surveyors acted for an in-house client having managed the estate for over 10 years.

Ben Grossmann MRICS of Pears Property, who acquired the property, commented: “Windover Court is a well let industrial asset in an excellent region that will fit well within the group’s holding”.

Chris White, Managing Director at White Commercial, said: “Having managed this Estate for the past 10 years we were pleased with the level of interest shown by purchasers where the rental return on the price invested/achieved and the potential increase in the rent due to the positive economic circumstances of the region will provide Pears with a good return on their Investment”.

Chris White

Managing Director

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Harvey White

Commercial Property Advisor

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