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AGENT'S DETAILS


Hereward Cross, Broadway

For sale: £9,565,000.00|76896 Sq Ft|Other, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£9,565,000.00
SIZE76896 Sq Ft
ADDRESSHereward Cross, Broadway, Peterborough, PE1 1TA
TYPEOther, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON8th September 2020

DESCRIPTION

Key Points

  • Prominent location within Peterborough city centre
  • Fully let: tenants include Wilko, Poundland and RBS
  • Extends to circa 76,896 sq ft (7,144 sq m)
  • Net income of £867,431 per annum
  • Offers in excess of £9,565,000
  • Summary

    City centre retail investment opportunity

    Description

    Hereward Cross was originally constructed in the early 1960's but extensively reconfigured and refurbished approximately 10 years ago. The property comprises 13 units which are serviced from first floor level via a loading/turning area with parking for tenants.

    Viewings

    Strictly by appointment with the agents.

    Location

    Hereward Cross occupies a prominent island site in a strategic location in Peterborough city centre with frontage/access to Midgate, Broadway and Cattle Market Road. Peterborough has a compact retail core and Hereward Cross is located close to the prime retail pitch and Queensgate Shopping Centre and is 800m from the train station. Peterborough is located approx 35 miles north-west of Cambridge, 40 miles east of Leicester and 80 miles north of London. It has good road links with the A1(J17) approx 5 miles west of the city centre and A47 approx 2 miles north providing access to Leicester and the west. Peterborough train station provides direct trains to London Kings Cross (fastest journey time of 45 minutes), York, Newcastle, Edinburgh and Birmingham.

    Terms

    See details for list of tenancies and yields.

    Promo

    City centre investment

    LOCATION

    Location: Hereward Cross, Broadway, Peterborough, PE1 1TA

    Peterborough (0.4 miles)

    Whittlesea (5.3 miles)

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