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2 Cowgate

3,410 SF Retail Building Peterborough PE1 1NA $1,863,600 ($547/SF) 7% Cap Rate

Restaurants Cambridgeshire Peterborough 2 Cowgate, Peterborough, CAM PE1 1NA

Investment Highlights

  • Heavy daytime footfall
  • Situated in the heart of Peterborough's City Centre
  • Great local amenities

Executive Summary

Freehold offers in excess of £1,500,000 The property is located in the heart of Peterborough's City Centre. A stone's throw away from Peterborough train station, Queensgate and Westgate Shopping Centres. Other nearby operators include Park Inn by Radisson, Cote, McDonald's, Burger King, Nando's, Turtle Bay, The Banyan Tree, Five Guys, Frankie & Benny's, KFC,Ishtar Lounge, Peterborough Museum & Art Gallery, Middletons Steakhouse & Grill and The Pizza Parlour. Residential Flats: There are two residential flats (both with separate access). One of which is sublet at £10,000 pa, the other of which is vacant. Smart Move Estate Agents: Sublet at £10,000 pa until July 2031, with the 2021 rents review still outstanding.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
3,410 SF
Building Class
B
Year Built
1900
Price
$1,863,600
Price Per SF
$547
Cap Rate
7%
NOI
$130,452
Tenancy
Single
Building Height
1 Story
Frontage
34 FT on Cowgate

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Nearby Major Retailers

Cote Restaurants
Virgin Money
Bill's
Five Guys
Prezzo
SPAR
énergie Fitness
Black Sheep Coffee
Turtle Bay
eurochange
+44 20 7935 2222

Contact

  • Listing ID: 32356692

  • Date on Market: 7/5/2024

  • Last Updated:

  • Address: 2 Cowgate, Peterborough PE1 1NA

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2 Cowgate
+44 20 7935 2222 x

2 Cowgate

Percy Fricker

+44 20 7935 2222

+44 20 7935 2222

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