Morley Court, Morley Way, Peterborough
Morley Court, Morley Way, Peterborough, Cambridgeshire, PE2 7EP
| Property Type | Distribution Warehouse / Industrial (Multi Let Scheme) |
|---|---|
| Tenure | For Sale |
| Size | 2,931 - 135,182 Sq Ft |
| Business Rates | Upon Enquiry |
| Service Charge | n/a |
| Energy Performance Rating | Upon Enquiry |
INVESTMENT SALE & REDEVELOPMENT OPPORTUNITY A high yielding investment opportunity with significant redevelopment potential.
Key Points
- 9.23 acre site
- Highly reversionary
- All tenants contracted Outside the L&T 1954 act
- Vacant poessession achievable by October 2028
Location
Description
The property comprises a multi let building providing industrial, light industrial and office accommodation extending approximately 135,182
sq ft, with an additional 1 acre of storage land. The property was developed in the 1980s and is split into 7 units, and office space. There is also 1 acre of Industrial Open Storage.
Available area
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Unit - 1 | 43,595 | 4,050.11 | Available |
| Unit - 2&3 | 53,884 | 5,005.99 | Available |
| Unit - 4 | 4,145 | 385.08 | Available |
| Unit - 5 | 2,931 | 272.30 | Available |
| Unit - 6 & 7 | 5,718 | 531.22 | Available |
| Unit - Offices | 24,909 | 2,314.12 | Available |
| Outdoor - IOS | 43,560 | 4,046.86 | Available |
| Total | 178,742 | 16,605.68 |
Location
The property is in a well-established industrial location, with dual access off Shrewsbury Avenue and Morley Way. The property is situated approximately 2.5 miles south west of the city centre.
Junction 17 A1(M) lies approximately three miles west of the property and is accessed via the A1260 Nene Parkway, which in turn connects to the A1139 Fletton Parkway, providing fast dual carriageway access to the motorway within six minute drive time.
The property is situated in an established industrial estate. Surrounding occupiers include Booker, GXO, Hotpoint and Ikea. Within the wider area, Peterborough has attracted national and regional companies, including Amazon, DSV, Lidl and Taylor Wimpey.
