Cordatus Sell Aragon Court, Peterborough
This 70,000 sq ft office located in the heart of Peterborough was majority let to the Identity and Passport Service on short term leases. Having reviewed the opportunities for renewing these leases and analysed the potential value add, a decision was made to dispose of the asset to the Secretary of State at a price of £3m. The transaction was completed within 4 weeks of agreeing terms.