Agent presents premises deal to party supplier

A family-run business specialising in gift and party supplies is the latest occupier at Discovery Business Park in Yaxley, Peterborough where the deal to secure its new commercial premises took less than a week from offer to completion, confirms Barker Storey Matthews – now part of Eddisons – the sole agent under instruction on behalf of the landlord.

A K Giftshop Ltd, which was established in 2015, recently moved in to Unit 6, a 186 sq m (2,000 sq ft) semi-detached warehouse unit, t Discovery Business Park on lease terms of six years after spending 12 months at previous premises in Orton Southgate.

Discovery Business Park is on Broadway, Yaxley and is a newly built development of just 12 units in total and confirmation of A K Giftshop Ltd’s tenancy of Unit 6 means that all the units are now let.

Constructed last year (2018), Discovery Business Park has a range of terraced, semi-detached and detached units which are suitable for warehouse, workshop, trade counter of showroom use.

As well as the sole agent at Discovery Business Park, Barker Storey Matthews also has the sole agency role at the neighbouring industrial park, Eagle Business Park where plots are sold and units are under offer already in the second phase of development.

Richard Jones, Director,Barker Storey Matthews, said, “The commercial property profile of the southern outskirts of Peterborough close to the A1(M) and the city’s Parkway system – has been re-positioned in recent years.

“More planned commercial development on this side of the city will see modern, purpose-built business premises to meet industrial property demand in the way Discovery Business Park and Eagle Business Park are already doing.”