Two brand new industrial/R & D units are soon to be completed at The Lakes Business Park in St Ives adjacent to the A14. The development is a joint venture between Oxfordshire based Upstream Developments and Peterborough R & H Estates Ltd. who are undertaking the construction work.

Construction of the two industrial units began in October 2014 and completion is on track for the 27th of April 2015. Unit A, which comprises 6,975 sq. ft., including 1,550 sq. ft. of office space, and Unit B, which comprises 8,913 sq. ft. incorporating 775 sq. ft. of offices, both offer an excellent cost effective alternative for companies facing higher property costs for industrial and office space in Cambridge. The buildings are being offered for sale at £700,000 and £900,000 respectively and have been designed in a way in which additional office space, subject to requirement, could be extended.

Richard Adam, Director at Barker Storey Matthews Huntingdon office comments "We are pleased to report strong interest in these units which are the first to be constructed upon a speculative basis in over seven years within the St Ives/Huntingdon area. The site is a first class location, only 12 miles north-west of Cambridge and also benefits from its close connections to St Ives and Huntingdon. The Lakes Business Park offers a variety of plots for Design & Build projects with current sites available for up to 150,000 sq. ft. developments."