Developer Chancerygate and investor Bridges Fund Management have achieved “practical completion” on a £30m, 200,000 sq. ft multi-use development in Peterborough that could create up to 280 jobs.
Situated adjacent to Maskew Retail Park, Bourges View comprises three drive throughs, nine trade counter units and nine industrial and warehouse units ranging from 2,800 sq. ft to 34,500 sq. ft.
Chancerygate senior development director, George Dickens, said: “We have rejuvenated an empty site to create new employment and trade counter opportunities.
“This ensures businesses located at Bourges View are best placed to serve Peterborough and the locality, whilst supporting job creation and economic growth for the region.
Guy Bowden, partner at Bridges Fund Management partner, added: “The Bourges View development has revitalised a previously redundant site and could create up to 280 new jobs for the surrounding area”“There is strong demand from businesses for high specification, sustainable accommodation which is evidenced by the numerous well-known brands already secured as occupiers.
“The prominence, tenant mix and accessibility of this development makes it Peterborough’s premier roadside and trade counter destination.”
A number of occupiers have taken pre-lets of units at the development. Costa Coffee, fast food chain Taco Bell and US burger giant Wendy’s, will occupy the drive-through units.
Trade merchants Toolstation, Wurth, Brewers, CareCo and self-storage provider Lok’nStore also committed to the scheme in advance of practical completion.
The development is close to the A15 and A47 and has 14 units ranging from 2,800 sq. ft to 34,500 sq. ft remain available and there is strong interest in the scheme from potential tenants.
Properties at Bourges View benefit from electric vehicle charging points and a selection of units include solar panels providing green energy.
The units are constructed from high-performance building materials to reduce CO2 emissions and increase energy efficiency.
