News

Sale of Stapleton’s, Bury St Edmunds

Pigeon has completed the sale of the Stapleton’s premises at Tayfen Road in Bury St Edmunds, Suffolk.

 

The commercial investment was acquired in 2018 as part of a wider development site.  Pigeon has carried out an asset management program, including a recently agreed rent review which achieved a 25% increase.

 

The property benefits from long term development potential for 27 dwellings having been granted  planning consent in 2017.  Savills acted for Pigeon on the sale.

 

For further details please contact Emma Butler: e.butler@pigeon.co.uk