Savills, on behalf of Oastlodge Ltd, has acquired the freehold of the Breydon Centre 1 on Padholme Road East in Peterborough for an undisclosed sum.

Situated in a key industrial location, the prominent trade counter terrace comprises three units totalling 15,210 sq ft (1,413 sq m). The scheme, which is fully let to occupiers including Edmunson Electrical, YESSS Electrical and Brake Station, generates a combined rental income of £87,950 per annum.

Edward Gee, associate director in the business space agency team in Peterborough, comments: 'Generating strong returns with potential for future growth and asset management, the Breydon Centre offers Oastlodge an excellent investment opportunity. Industrial remains a high performing asset class with an active occupational market resulting in a distinct lack of available space in the region, especially for smaller units, making this a valuable purchase for our client.'

Savills plc published this content on 20 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 April 2017 08:37:14 UTC.

Original documenthttp://www.savills.co.uk/_news/article/72418/216536-0/04/2017/oastlodge-acquires-the-breydon-centre-investment-in-peterborough

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