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4 Cumbergate 2,568 sq ft Retail Property Peterborough PE1 1YR £450,000 (£175.23/sq ft)
INVESTMENT HIGHLIGHTS
- Grade II Listed Property
- Situated in one of the UK's fastest growing cities
- Fully let to a counselling charity for young people
EXECUTIVE SUMMARY
Fully let city centre investment opportunity. Self-contained retail / professional services building of timber framed and brick/block construction in a busy footfall location adjacent to one of the main entrances to Queensgate Shopping Centre in the heart of Peterborough. The property is fully let to Centre Thirty Three Young People's Counselling and Information Service for a term until February 2032 at a rent passing of £31,836.24 pa.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,568 sq ft
Costar Property Class
B
Year Built
1750
Price
£450,000
Price per sq ft
£175.23
Tenancy
Single
Number of Floors
3
Plot ratio
1.18
Total Plot Size
0.05 ac
Frontage
40 ft on Cumbergate
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4 Cumbergate
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