Savills, on behalf of a Central Co-op, has completed the sale of Burch House in Peterborough.
Buyer of the scheme, which comprises two buildings, one, a 44,885 sq ft data centre and a warehouse spanning 98,615 sq ft, is Saville Park, a JV between Marchdown Holding and Beaufort Capital. The purchase price has not been disclosed.
The buildings occupy 3.27 hectares with a gate house, two access points onto Saville Road and approximately 180 car parking spaces. In addition, there is an area of dedicated parking for HGVs.
The site is towards the northern end of Saville Road, close to the Saville Road Industrial Estate, Lion Square Business Park and Ivatt Way Business Park.
Saville Road is approximately one mile from the A15 Bourges Boulevard and 1.5 miles from the A47 Stoke Parkway which provides access to the A1(M).
Local occupiers include Blue Fox Transport, Go Outdoors, Evri, DHL M&S, Car World and Travis Perkins.
William Rose in the commercial agency team at Savills Peterborough said: “We are delighted to have successfully completed the sale of Burch House which provides excellent opportunity to add value with low site coverage and through refurbishment.”
Tom Dixon at TD_PC acted for the buyer and Savills will be retained as letting agents when refurbishment works have been completed.
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