76,896 to 76,896 sq ft(7,143.87 to 7,143.87 sq m)
Excess of £9,565,000

1 Hereward CrossPeterborough, PE1 1TA

    Key features

    • City centre retail investment opportunity
    • Fully let - anchor store Wilco
    • Prominent location

    City centre retail investment opportunity.

    About this property

    • Hereward Cross is a fully let retail block located in Peterborough city centre. It comprises 12 retail units and Hereward Tower, 33 residential apartments (sold off long leasehold).

    Local information

    • The property occupies a strategic site within close proximity of Peterborough's prime retail pitch, core office market and Peterborough City Market.
    • Anchor tenant is Wilco (32,354 sq ft) together with Poundland, William Hill, RBS, Secretary of State for Defence and Stonegate Pub Company.

    Additional information

    • Held long leasehold from the Council of the City of Peterborough on a recently re-geared head lease with approximately 197 years unexpired.
    • Gross passing rent of £967,950 pa