PE1 Unit 25, Hereward Cross, Peterborough

City centre retail premises over 2 floors

The premises comprises retail/storage space on the ground floor and first floor storage area. The property is considered suitable for a range of uses - subject to planning. Available immediately.

Strictly by appointment with the agents.

The unit is available on a new lease on terms to be agreed.

The quoting rent is £20,000 per annum exclusive.

From enquiries made of the Valuation Office Agency web site we understand the current Rateable Value of this property is £12,000.

As the Rateable Value is below the Small Business Rates threshold, the property is eligible for up to 100% business rates relief for qualifying businesses.

There is an estate service charge in respect of communal areas.

Peterborough is a cathedral city in Cambridgeshire, situated in the heart of the East of England. The city is located approximately 80 miles north of London, 77 miles east of Birmingham and 32 miles north of Cambridge.

Peterborough has become established as an important regional centre for commerce, industry, shopping, health, education and leisure. It benefits from a diverse economy, ranging from innovative small businesses to large global headquarters and has been recognised as one of the fastest growing cities in the UK by population. The premises are located on Midgate close to the City Market and nearby occupiers include Poundland, Armed Services Careers Office and Scope.

City centre retail premises

Former hair salon

Ground & first floor

Prominent location close to Long Causeway and Queensgate Shopping Centre

Suitable for a range of uses - subject to planning

EPC: D

Car parking available