Big Motoring World Morley Way 168,737 SF Industrial Building Peterborough PE2 7BW £14,280,000 (£84.63/SF) 6.50% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Parking spaces
- Excellent connectivity via dual carriageway access to the A1(M)
- Situated in an established distribution location
EXECUTIVE SUMMARY
This freehold warehouse investment opportunity offers a sale and leaseback to Big Motoring World, one of the UK’s largest car supermarket operators. Located in Peterborough with excellent access to the A1(M), the property spans 168,737 sq ft on 9.77 acres. The building is leased to Big Motoring World on a 20-year FRI lease at £1,000,000 pa (£5.90/sq ft), with rent reviews every 5 years based on CPI or open market rent (capped at 5%). The asking price is £14,280,000, reflecting a 6.5% net initial yield and a capital value of £85/sq ft.
PROPERTY FACTS
| Price | £14,280,000 |
| Price Per SF | £84.63 |
| Sale Type | Investment |
| Net Initial Yield | 6.50% |
| Sale Condition | Sale & Leaseback |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 9.77 AC |
| Rentable Building Area | 168,737 SF |
| Number of Floors | 2 |
| Year Built | 1994 |
| Tenancy | Single |
| Parking Ratio | 1.78/1,000 SF |
| Level Access Doors | 9 |
AMENITIES
- Signage
