PE2 Morley Court, Morley Way, Peterborough

A high yielding investment opportunity with significant redevelopment potential.

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.

9.23 acre site

Highly reversionary

All tenants contracted Outside the L&T 1954 act

Vacant possession achievable by October 2028

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.