Grocery & Local Shops for sale in PE1, Peterborough

Commercial Property in PE1 available for sale

Retail Properties for Sale Near the PE1, Peterborough

33 Westgate

Peterborough, PE1 1PZ

Retail for Sale
£2,650,000
10,911 sq ft

Energy Performance: C
Air Conditioning
24 Hour Access

Peterborough Retail for Sale

The property comprises a former bank premises which have been converted into two ground floor shops with 13 apartments above. The building is of traditional construction with a stone façade. The building has total site coverage. The property has been extensively refurbished and is in excellent condition. The ground floor consists of two shops, one retailing hairdressing products and the second being a chicken takeaway. To the east there is a separate entrance to the upper parts known as Walker House located on the first and second floors providing 13 apartments, 8 on the first floor and 5 on the second floor. Offers are invited in excess of £2,650,000 to show a gross initial yield of 8%. The property is elected for VAT and therefore will be sold as a TOGC. The two shops are let on rising rents as itemised in the Schedule of Income and Tenancies. The vendor will top up the difference between the rent passing and the headline rent, so that a purchaser has the benefit upon completion of a gross income of £213,200.

Contacts:

Savills

FHP Property Consultants

Property Subtype:

Shopfront

Date on Market:

24/07/2025

Hide

45 Lincoln Rd

Peterborough, PE1 2RR

Retail for Sale
£435,000
1,331 sq ft

Peterborough Retail for Sale

The property is a three story mid- terraced building, currently in use as a hairdressers and beauty therapists. The ground floor comprises of an open plan retail area with reception counter and workstations. The first floor is a fully equipped hairdressing salon with up to 6 work stations, a wash basin, sink and prep area, front desk, flat roof/ private outside space, a W.C and waiting area. The second floor is newly refurbished with a waiting area, one large treatment room with basin and changing room and one smaller treatment room also with its own basin. The property is available for sale freehold with vacant possession at a price of £475,000. Alternatively the property is for sale as a fully furnished hairdressers going concern ,price to be negotiated.