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HQ & Distribution warehouse

Newark Road, England, United KingdomUnlock address

86%

£8.100.000

Industrial

#16436

Core+

2 Feb 2024

Property Details

Broker

For sale

123,913 m²

Leasable area

65 £/m²

7.52 %

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

Freehold headquarters/warehouse facility. Located in Peterborough with good access to the city’s dualled ring road and A1(M) (junction 17). Situated on the established Eastern Industry Industrial Estate just to the north east of the City Centre. Constructed in 2001 and comprising a purpose built warehouse, together with 3 storey offices and TV studios. Accommodation totals approximately 11,512 sq m (123,913 sq ft). Building footprint of approximately 7,689.3 sq m (82,770 sq ft) – site cover of only 30%. Generous site area of 2.55 hectares (6.31 acres). Future potential for redevelopment/alternative uses; HQ in the advanced manufacturing, innovation/R&D, scientific and logistics sectors.