Savills, on behalf of Condie Investments Ltd, has let the former GAP Group premises on Padholme Road East in Peterborough to Transmission Check Ltd.
The gearbox repairs specialist, which operates as Planet Gears, has agreed to a new 10-year lease for the trade counter unit totalling 8,489 sq ft (788 sq m).
Edward Gee, associate director in the business space team at Savills Peterborough, comments: “Prominently located fronting Padholme Road and Eastern Industry, Planet Gears will benefit from traffic driven by other nearby occupiers including McDonalds, Safestore and a Halfords Autocentre. Given the unit’s strong credentials we were able to secure a strong deal on behalf of our client.”
