Savills, in conjunction with its client Hillgrove Developments Ltd, has completed 17 new leases at Wulfric Square in Peterborough since January 2013 taking the industrial scheme to 97% let.

Wulfric Square comprises 30 industrial units located approximately one mile north of Peterborough city centre and units are offered on flexible lease terms with guide rents commencing from £4 per sq ft (£43 per sq m).  The site offers units ranging from 625 sq ft (58 sq m) to 2,200 sq ft (204 sq m). Current tenants include Anglia Bearing Co Ltd, Rose Fire and Security Ltd and Chroma Sports and Leisure.

Edward Gee, of Savills Peterborough, comments: "Wulfric Square has always offered manageable industrial space on flexible lease terms close to the city centre. The strength of the scheme has been recognised by a wide range of existing and new Peterborough occupiers, as well as by start-up businesses. This activity has been further heightened by the improving sentiment we are seeing towards the economy as confidence picks up.

One unit totalling 2,200 sq ft (204 sq m) remains available at the scheme.

distributed by