Latest news

Offices acquired near Cambridge

Pigeon has acquired a freehold office premises in Swavesey near Cambridge. The property extends to 21,427 sq ft on a site of just under three acres, and consists of two office/workshop buildings at the front, with storage land at the rear. The two buildings were simultaneously let on acquisition to Envea, an engineering business, on…

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Land at Trimley St Martin sold to Flagship Housing

On behalf of a landowner, Pigeon has promoted and sold 7.5 acres of land in Trimley St Martin, near Felixstowe to Flagship Housing. Detailed planning permission was granted in January 2018 for 69 homes including affordable housing. Construction is expected to begin late 2019. For more information – Elena Walker e.walker@pigeon.co.uk

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Sale of North Yorkshire site for 250 homes

Pigeon has sold 24 acres of land at Sherburn-in-Elmet, in North Yorkshire to Yorkshire Housing Association. Planning permission was granted in March last year for 250 houses, open space, and a new access road onto the A162. Construction is due to commence in March 2019. For more information – James Bromhead j.bromhead@pigeon.co.uk

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Ipswich industrial estate sold

Pigeon has sold a multi-let industrial estate at Cavendish Street, Ipswich. The property was sold in two separate transactions. The first comprised a terrace of trade counters and a car wash, with tenants including Screwfix and Rexel. The property was sold to a private investment partnership for circa 6.1% Net Initial Yield. Carter Jonas acted for…

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