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Frankie & Benny'sBoongate Retail Park, Peterborough, PE1 5SX
- Under offer
Key features
- Prime retail and leisure park in Peterborough
- Nearby occupiers include The Range, Smyths Toys Superstores, B&M Bargains, Pizza Hut, McDonald’s, Subway and Showcase Cinema de Lux
- Fully fitted ground floor restaurant
- Close proximity to Peterborough city centre and train station
- GIA approx. 378 sq m (4,073 sq ft)
Leasehold restaurant for sale in Boongate Retail Park in Peterborough
About this property
Description
The restaurant premises comprises a detached ground floor unit in Boongate Retail Park. There is an external seating area to the front elevation.
Tenure
Held for a term of 10 years with effect from 19 December 2016 at a current rent of £96,000 per annum subject to an open market review on 19 December 2021. The most recent annual service charge was £4,800.
Rateable Value
2023 £100,000
EPC
B-31
Viewings
The restaurant is currently closed so all viewings must be arranged via the sole agents Savills.
Branding
The former trading name and any branded items are not being included with the property which must be completely re-branded before being reopened.
Fixtures & Fittings
Fixtures and fittings with the exception of all tills, IT equipment, leased and branded items can be included as part of the sale should they be required.
VAT
All figures quoted are exclusive of VAT.
Local information
- Located in Boongate Retail Park approximately 1 mile east of Peterborough city centre just off the A1139.
- Boongate Retail Park provides a wide range of retail and restaurant offerings. Occupiers on the scheme include The Range, Smyths Toys Superstores, B&M Bargains and Pizza Hut. McDonald’s, Subway and Showcase Cinema de Lux are also located nearby.
Available space
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Ground | 4,073 | 378.39 | Available |