SALMON LANDS FIRST DEAL AT KING’S COURT, CAMBRIDGE

May 2, 2008

Salmon Harvester Properties, advised by Bidwells and Savills, has sold the first unit at King’s Court, Cambridge to Compserve for £660,000.

The IT services firm has purchased a 4,183 sq ft (389 sq m) unit at the 32,185 sq ft (2,990 sq m) scheme located one mile to the north of Cambridge city centre.

Philip Skottowe of Salmon Harvester Properties comments: “Compserve’s acquisition at King’s Court so soon after practical completion highlights the quality of the accommodation on offer at the development.

“There is a pent-up demand in Cambridge for light industrial space and we continue to experience strong interest, with proposals already out for most of the remaining six units.”

The King’s Court scheme comprises seven units, six of which are still available, ranging from 3,491 to 5,599 sq ft (324 to 520 sq m), with six-metre eaves height, roller shutter loading doors and high quality cladding with low-level brickwork.

Russell Catley of Bidwells adds: “The accommodation on offer is of an extremely high quality, the business units contain both industrial both industrial/storage and office space and will appeal to a diverse mix of occupiers.”

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