1 Lysander Drive on Northfields Industrial Estate has been brought to market by Savills, on behalf of Pigeon Investment Management Ltd.

The warehouse in Market Deeping, Peterborough, is being marketed for sale at a guide price of £8.5 million.

Set across more than five acres (two hectares), the site comprises warehouse space totalling 87,137 sq ft (8,095 sq m), alongside a three-storey office building.

Following refurbishment, the freehold is now available to purchase or there is an option to lease the property at a starting quoting rent of £550,000 per annum.

Edward Gee, associate director in the business space team at Savills Peterborough, said: “1 Lysander Drive provides a rare opportunity to purchase a sizeable freehold warehouse building in an established industrial location. With significant demand for good quality warehouse space across the region, we anticipate the site will generate plenty of  interest from both purchasers and potential occupiers.”

Image source: Savills

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