Property photos
£33,400 pa
(£17.28/sq. ft. pa)
Retail premises to let
Business For Sale, 5 Westgate, Peterborough PE11,933 sq. ft
Local area information
Property location
Nearby amenities
- Bishop Creighton Academy 0.3 miles
- Peterborough 0.3 miles
- The Beeches Primary School 0.4 miles
- Whittlesea 5.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Peterborough to find out more about the local area.
Features and description
- Café/Diner plus 4 bedroom Living accommodation to the 1st and 2nd Floors
- £150k Premium for the Business to include fixtures, fittings & Goodwill
- Passing rent to include commercial and residential - £33,400 pa
- Well established business
- Trading information available upon request
Café/Diner Business for sale with 4 bedroomed Living Accommodation. Peterborough City Centre
Summary
Size - 1,933 sq ft
Rent - £33,400 per annum
Rateable Value - £23,500
Legal Fees - Both parties will be responsible for their own fees
VAT - No VAT
EPC - EPC exempt - EPC has been commissioned, will be available in less than 28 days
Description
Occupying the Ground, First and Second floor of a 3 storey brick built building and situated on Westgate in the City Centre, the Westgate Grill adjoins a parade of other retailers in the heart of Peterborough City Centre. The ground floor Cafe'/Diner has a
capacity of up to 88 covers, a fully fitter service counter, open kitchen with all essential cooking facilities, extraction, a pot room and a walk in fridge store. To the rear are 5 Wc's including a disabled facility.
The residential floors comprise of family kitchen/dining space a good sized living room, 4 bedrooms and ample additional storage/ dressing room space. The outdoor space is a communal courtyard for bin storage only.
Location
Westgate is a popular retail hub just a 5 minute walk into the square. Westgate Grill is attached to Westgate Arcade and is part of the Queensgate Shopping Centre, this is the home to a host of Independent & high street retailers featuring everything from accessories, fashion, essential services and food/ takeaways.
Terms
A new 5,10 or 15 year Fri lease - Rent is £33,400 per annum in addition to a single premium payment of £150,000 to include Goodwill, fixtures & fittings. A deposit equal to 3-months rent will be required and there will be a contribution to the Buildings Insurance arranged by the Landlord. Rent is paid quarterly in advance. Tenants will be liable for their own utilities and rates payable.
Services
We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.
Viewings
Viewings will be arranged strictly by appointment via the agents P and F Commercial. Prospective purchasers will be required to submit details of their interest and viewing will only be arranged once the current tenant has approved the application.
Purchasers should email with details of current experience together with proof of funds for the premium.
Summary
Size - 1,933 sq ft
Rent - £33,400 per annum
Rateable Value - £23,500
Legal Fees - Both parties will be responsible for their own fees
VAT - No VAT
EPC - EPC exempt - EPC has been commissioned, will be available in less than 28 days
Description
Occupying the Ground, First and Second floor of a 3 storey brick built building and situated on Westgate in the City Centre, the Westgate Grill adjoins a parade of other retailers in the heart of Peterborough City Centre. The ground floor Cafe'/Diner has a
capacity of up to 88 covers, a fully fitter service counter, open kitchen with all essential cooking facilities, extraction, a pot room and a walk in fridge store. To the rear are 5 Wc's including a disabled facility.
The residential floors comprise of family kitchen/dining space a good sized living room, 4 bedrooms and ample additional storage/ dressing room space. The outdoor space is a communal courtyard for bin storage only.
Location
Westgate is a popular retail hub just a 5 minute walk into the square. Westgate Grill is attached to Westgate Arcade and is part of the Queensgate Shopping Centre, this is the home to a host of Independent & high street retailers featuring everything from accessories, fashion, essential services and food/ takeaways.
Terms
A new 5,10 or 15 year Fri lease - Rent is £33,400 per annum in addition to a single premium payment of £150,000 to include Goodwill, fixtures & fittings. A deposit equal to 3-months rent will be required and there will be a contribution to the Buildings Insurance arranged by the Landlord. Rent is paid quarterly in advance. Tenants will be liable for their own utilities and rates payable.
Services
We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.
Viewings
Viewings will be arranged strictly by appointment via the agents P and F Commercial. Prospective purchasers will be required to submit details of their interest and viewing will only be arranged once the current tenant has approved the application.
Purchasers should email with details of current experience together with proof of funds for the premium.
More information
Listed by
P & F Commercial
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