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WestPoint Lynch Wood 181,711 sq ft 73% Let 4-Star Office Property Peterborough PE2 6WZ £25,000,000 (£137.58/sq ft) 10.93% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • On site gym with shower and changing facilities
  • Numerous ESG initiatives
  • 79 secure & covered Bike racks
  • Excellent Car parking ratio
  • Feature lake with large outdoor terrace

EXECUTIVE SUMMARY

Offers for WestPoint sought in excess of £25,000,000 (assuming purchaser’s costs of 6.80%) subject to contract and exclusive of VAT.
Westpoint provides the best Grade A office building in the Peterborough sub-market, with excellent on-site amenity, future proofing the building’s attractiveness to occupiers.
The property is let to 14 high-quality tenants with strong interest in remaining vacant suite. Moreover, 35% of the income benefits from RPI linked rent reviews over the next 5 years, providing guaranteed rental performance, and reflecting strong market interest for the property.
The property is the former home of travel group Thomas Cook. Atlantic Leaf completed a refurbishment of the out-of-town office after Thomas Cook ceased operations before securing a host of new tenants.
Given Westpoint’s quality & the market’s lack of alternatives, investors can have confidence that the below asset management initiatives will provide increased value to investors.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
181,711 sq ft
Costar Property Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1989/2016
Price
£25,000,000
Price per sq ft
£137.58
Yield
10.93%
NOI
£2,732,500
Occupancy Rate
73%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
63,392 sq ft
Plot ratio
0.19
Total Plot Size
22.40 ac
Parking
800 Spaces (4.5 Spaces per 1,000 sq ft Leased)

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Concierge
  • Fenced Lot
  • Fitness Centre
  • Food Court
  • Security System
  • Signage
  • Waterfront
  • Reception
  • Storage Space
  • Car Charging Station
  • Outdoor Seating
  • Air Conditioning
  • Smoke Detector
  • On-Site Security Staff

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • Ground-Ste 15
  • 6,921 sq ft
  • Office
  • Partial Fit-Out
  • Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

  • Ground-Ste 15B
  • 5,414 sq ft
  • Office
  • Partial Fit-Out
  • Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

  • Ground-Ste 2A
  • 7,050 sq ft
  • Office
  • Partial Fit-Out
  • Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

  • Ground-Ste 2B
  • 6,124 sq ft
  • Office
  • Shell And Core
  • Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

  • 1st Fl-Ste 8
  • 12,445 sq ft
  • Office
  • Partial Fit-Out
  • Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

  • 2nd Fl-Ste 18
  • 11,926 sq ft
  • Office
  • Partial Fit-Out
  • Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

Space Size Space Use Condition Available
Ground-Ste 15 6,921 sq ft Office Partial Fit-Out Now
Ground-Ste 15B 5,414 sq ft Office Partial Fit-Out Now
Ground-Ste 2A 7,050 sq ft Office Partial Fit-Out Now
Ground-Ste 2B 6,124 sq ft Office Shell And Core Now
1st Fl-Ste 8 12,445 sq ft Office Partial Fit-Out Now
2nd Fl-Ste 18 11,926 sq ft Office Partial Fit-Out Now

Ground-Ste 15

Size
6,921 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

Ground-Ste 15B

Size
5,414 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

Ground-Ste 2A

Size
7,050 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

Ground-Ste 2B

Size
6,124 sq ft
Space Use
Office
Condition
Shell And Core
Available
Now

1st Fl-Ste 8

Size
12,445 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

2nd Fl-Ste 18

Size
11,926 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

Ground-Ste 15

Size 6,921 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

Ground-Ste 15B

Size 5,414 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

Ground-Ste 2A

Size 7,050 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

Ground-Ste 2B

Size 6,124 sq ft
Space Use Office
Condition Shell And Core
Available Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

1st Fl-Ste 8

Size 12,445 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

2nd Fl-Ste 18

Size 11,926 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

  • Listing ID: 36272118

  • Date on Market: 16/06/2025

  • Last Updated:

  • Address: Lynch Wood, Peterborough PE2 6WZ

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