New owner snaps up former Peterborough home of collapse holiday giant Thomas Cook
The former Peterborough home of collapse holiday giant Thomas Cook is under new ownership.
The 177,621 square feet Westpoint offices at Peterborough Business Park, Lynch Wood, has just been bought for an undisclosed sum by the private property investment and management company Sheet Anchor Evolve, which is part of M Core group of investment businesses.
The multi-let office campus is part of a 22.4-acre freehold site that was once the home of travel agent Thomas Cook until its collapse in 2019.
The offices have been sold by former owner Eagle Street Partners.
WestPoint is a grade A office space with a variety of amenities including an on-site café, on-site gym and sports hall and concierge services. Externally, there are electric car charging points, bike racks and 800 car parking spaces.
Edward Gee, a director of Peterborough-based commercial specialists, Savills, said: “We have acted as letting agents at Westpoint for more than 15 years and are pleased to see the campus enter a new chapter under M Core’s ownership.
He said: “The scheme offers high-quality office space in an attractive setting with excellent on-site amenities including a sports hall, lake and excellent parking.
"We are confident it will continue to attract strong occupier interest.”
Following the collapse of Thomas Cook, the offices underwent a £4 million refurbishment and were split in a bid to make the campus attractive to a range of businesses and which enabled the new look building to cater for a wide range of size requirements starting from 4,714 square feet up to 111,959 square feet.