Barker Storey Matthews has confirmed that a prominent building at the entrance to The Lakes Business Park, St Ives, Cambridgeshire has been acquired by Cambridgeshire Bathrooms Ltd.
This gives the bathroom design and supply service another showroom premises in the county in addition to its Pampisford showroom, to south of Cambridge city, where the company has been based for over 15 years.
The sale of Unit A at The Lakes Business Park to Cambridgeshire Bathrooms Ltd saw agent, Barker Storey Matthews acting on behalf of the vendor.
Unit A is a brand new, two storey, light industrial/warehouse unit with first floor offices of 144 sq m (1,550 sq ft) and ground floor space of 504 sq m (5,425 sq ft). Cambridgeshire Bathrooms Ltd has fitted an additional mezzanine floor to maximise the main showroom floor space.
The Lakes Business Park, St Ives is at Junction 26 on the A14 – a prominent location overlooking what will be the much improved trunk road upon scheduled completion of its upgrade by the end of next year (2020).
Other occupiers at the business park include Cambridgeshire Constabulary and Vindis Bentley. Unit A is adjacent to the latter, in a prominent position at the park’s entrance.
Richard Adam, Director, Barker Storey Matthews, who oversaw the instruction and letting of Unit A, said, “The Lakes Business Park is a well-known local landmark.
“The lack of availability of modern, warehouse-style premises is widely acknowledged by operators in the industrial and trades sector.
“Unit A’s prominence on the park and proximity to the A14 and the local road network, plus availability for sale, were key in attracting the attention of Cambridgeshire Bathrooms Ltd who had been seeking additional showroom premises to purchase from where it could serve its expanding client-base north of Cambridge.
“As an agent, we have a number of land sales going through on the new units at The Lakes Business Park, with more in the pipeline.”