Beaufort and Marchdown Holdings complete their second industrial acquisition in £50m JV
Marchdown Holdings and Beaufort Capital have completed the purchase of an 8-acre, 140,000 sqft industrial and warehouse complex on Saville Road Industrial Estate, Peterborough. This is the second acquisition for the Joint Venture where Beaufort is providing both debt and equity, set up specifically to acquire multi-let industrial estates requiring active management, repositioning and refurbishment.
Strategically located just off the A1 and providing an efficient 50-minute train journey into central London, Peterborough has consistently shown a robust and diversified industrial market, growing commuter presence and adds to the Joint Venture’s Midlands focus.
The refurbishment works undertaken by Marchdown will provide a more modern and thoughtful working environment, providing high quality industrial units and extensive secure yard space, alongside a number of sustainability initiatives including an improved building envelope, PV Panels, and enhanced landscaping.
Ed Jones of Marchdown said “I’m delighted to be both continuing my successful relationship with Beaufort Capital and to have secured this vacant estate in an excellent location, with refurbishment and repositioning potential in this tight market.”
Peter French from Beaufort Capital added “We are delighted with this second acquisition in the well-established Saville Road Industrial Estate in Peterborough.
“The development will provide much needed high quality and sustainable industrial space for local and regional SME’s, with a number of such businesses already making enquiries.
“We are looking forward to growing this Joint Venture with Marchdown over the course of 2025.”
The parties are already well underway with their third acquisition in the JV, and are actively seeking further acquisition opportunities.
Tom Dixon of TD-PC acted for Marchdown while Savills represented the vendor and will be retained as letting agents.
