Latest letting signals hot office market in Warmington

08 May 2017

Savills, on behalf of a private individual, has let The Loft at Rectory Farm offices in Warmington, Peterborough to Tango Group International Sales Limited.

The clothing and accessory designer and manufacturer has agreed to a new five-year lease for office space totalling 1,825 sq ft (169 sq m) and will pay an annual rent of £18,250.

Situated 10 miles south of Peterborough, Savills says Warmington is becoming increasingly popular with occupiers looking for high quality business accommodation at a reasonable price. Also in the village, Savills is currently marketing 1,075 sq ft (100 sq m) of quality rural offices on the first floor of Eaglethorpe Barnes, on behalf of Elton Estates at a starting quoting rent of £13.50 per sq ft (£145 per sq m).

Sam Major, surveyor in the business space agency team at Savills Peterborough, comments: “Providing premium often heritage buildings in a picturesque location, Warmington offers occupiers an alternative to Peterborough where business space is increasingly limited. We are very pleased to have completed this latest deal to Tango Group and have already received significant interest in the remaining space in the village.”

Tango Group was unrepresented.


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