Offers over
£2,381,000
(£58.77/sq. ft)
Retail premises for saleAshbourne Road, Hampton, Peterborough PE7
40,511 sq. ft
EPC Rating: F
About this property
Prominent drive thru location in the heart of a thriving retail and leisure destination in Peterborough.
Let to Krispy Kreme UK Limited for an unexpired term of 10 years (5 years to break).
5 yearly upwards only rent reviews to higher of market rent and cpi 1% and 3% - next review April 2026.
The passing rent is currently £164,858.72 per annum, and it is anticipated this will rise to circa £190,000 per annum from April 2026. The vendor will top up the rent.
Strong trading performance and area distribution site.
Surrounding occupiers include Premier Inn, McDonalds, kfc, Toby Carvery and Vivacity Premier Fitness, Tesco and Lidl (under development).
Site area of 0.93 acres.
Freehold.
Offers are sought in excess of £2,381,000 (Two Million, Three Hundred and Eighty One Thousand Pounds) subject to contract and exclusive of VAT. Based on the topped up rent, a purchase at this level would reflect a niy of 7.5%, assuming purchaser’s costs of 6.4%.
Estimated Rates Payable: £51170
Krispy Kreme Peterborough comprises a modern, purpose-built retail and production building with a glazed exterior, indoor seating, a drive-through, and circa 40 car parking spaces, designed to serve both dine-in and takeaway customers while producing fresh doughnuts on site. The site also
acts as the area manufacturing and distribution facility, serving all local kiosks and outlets.
Location
The property occupies a prominent roadside position off Ashbourne Road in Peterborough, a strategically located city with excellent regional
connectivity. The A1(M) is approximately 6 miles to the west, providing direct road access to London, the Midlands, and northern England. Peterborough also benefits from its position on the East Coast Main Line, offering fast rail connections to London, the North of England, and Scotland.
The surrounding area includes Hampton Park, Serpentine Green Shopping Centre and the Boulevard development, featuring a new Lidl foodstore and approximately 70,000 sq ft of light industrial accommodation. The wider location forms part of Peterborough’s established retail and leisure destination, drawing around 5.5 million visitors annually.
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