Sale of Stapleton’s, Bury St Edmunds
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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.
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