Savills, on behalf of Panther Properties, has advised on the sale of a prominent industrial site at Padholme Road, Peterborough to a private client.
The self-contained property, extending to 59,369 sq ft, is due to be redeveloped into smaller units for rental purposes. It had a guide price of £3.5 million.
Situated on a 3.874-acre site within Peterborough’s Eastern Industrial Area, the property comprises a substantial detached industrial building together with two smaller ancillary units at the entrance to the site.
The accommodation provides a mix of warehouse, production, office and storage space, alongside secure yard areas and on-site parking.
It also has direct access off Padholme Road, nearby occupiers include Big Motoring World, Hyperama, Travis Perkins, Safestore, Rexel and Thrifty Car Rental.
Comments
Edward Gee, director in the commercial agency team at Savills Peterborough, said: “We are pleased to have completed the sale of this substantial industrial asset in one of Peterborough’s most established commercial locations.
“The property’s scale, self-contained nature and strategic position generated strong interest from the market. This transaction demonstrates the continued demand for well-located industrial and warehouse opportunities across the region.”
Image: Savills
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