Carter Jonas’s London Investment & Asset Management team have advised Norwich based commercial property investment company Targetfollow on the acquisition of Peterborough Garden Park. The 91,598 sq ft retail park is anchored by the Van Hage Garden Centre and lets to a selection of retailers including Cotswold Outdoor, Romans, Pavers and The Works. The property sits within an 18.5 acre site providing the opportunity for further development.
Built in 2010, with its distinctive architecture and landscaping, Peterborough Garden Park has won several prestigious awards including the Revo Gold Award for ‘Best Out-of-Town Retail Scheme in the UK’ and the Garden Centre Association’s ‘Best Garden Centre - Midlands’, and is prominently located on Eye roundabout, just off of the A47.
Targetfollow Group Limited is a Property Asset Management specialist with over 25 years’ experience, offering a full range of property services to maximise the value of its own investments as well as those of their strategic partners. Its dedicated team of experts fully appreciates the value of the urban space which surrounds a property; the many different stakeholders who have an interest in the built environment; and how properties are constructed, maintained and enhanced.
Targetfollow CEO, Corin Thoday said:
‘We are thrilled to announce our acquisition of Peterborough Garden Park and we look forward to working with current and new retailers to develop the site into a top UK retail, social and leisure destination. Our team are working hard on exciting plans and initiatives for the site and we will bring our experience and expertise in the retail sector to Peterborough Garden Park to support the traders and help them continue to flourish.”