60 Westgate, Peterborough, PE1 1RG
Size
2,855
Tenure
Freehold
EPC
Parking
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- Primary use
- Other
Key features
- Freehold
- Mixed use building comprising a restaurant at ground floor and 4 apartments on the first and second floors
- The restaurant unit is offered with vacant possession and includes a fully fitted commercial kitchen together with an extraction system and cold storage
- 4 residential apartments let on ASTs producing an income of £33,840 per annum
- Totalling 2,855 sq ft NIA over ground and two upper floors
- Located in prime city centre location close to the train & bus station, Queensgate Shopping Centre, Brewery Tap - Brewpub & Thai restaurant & Waitrose providing ample car parking
- Price on application
Description
The property is configured to provide a prominent ground floor commercial unit with a central entrance fronting Westgate, benefitting from good visibility and branding opportunities. The ground floor provides a well-proportioned trading area with a fully fitted commercial kitchen together with an extraction system and cold storage to the rear.
The upper parts have been converted to provide four self-contained one-bedroom flats, accessed separately from the ground floor commercial unit. The residential accommodation benefits from good levels of natural light and provides well-configured living space across the upper floors.
The building occupies a prominent end-of-terrace position, enhancing visibility, and offers a well-balanced mixed-use investment with both commercial income and residential accommodation.
The property occupies a prominent position fronting Westgate, one of Peterborough city centre’s principal retailing streets with street level access to the Queensgate Shopping Centre only moments away. This further enhances the strength of the retailing environment with Westgate already benefitting from strong levels of footfall, serving a wide catchment of local residents and visitors and is home to a mix of national and independent occupiers including Creams Café, Subway, Furniture Warehouse and The Banyan Tree.
The surrounding area has seen continued investment and regeneration, with improvements to the public realm and ongoing residential and mixed-use development schemes reinforcing Peterborough’s role as a key commercial hub within the region. The city continues to attract occupiers and investment due to its strategic location and growing population.
The property benefits from excellent transport connectivity, lying within a short walk of Peterborough Railway Station, which provides regular direct services to London King’s Cross (from approximately 50 minutes), as well as connections to Cambridge, Birmingham and the wider East of England. Numerous bus routes serve the city centre, providing extensive links across Peterborough and the surrounding areas.
Road communications are strong, with the A1(M) located approximately 3 miles to the west, providing direct access to London, the Midlands and the wider motorway network. The A47 also offers east-west connectivity across the region. Together, these transport links ensure the property is well connected on both a regional and national level.
The property is situated within the Peterborough City Council local authority area and sits within the Peterborough Central Conservation Area, but it is not listed.
The building is held freehold under title number CB119756. Copies of the title documents are available upon request.
The commercial unit has an EPC rating of C (66) with all the flats achieving ratings of D. Copies of the certificates are available upon request.
Please contact Tydus Real Estate for access to the data room.
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.
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Disclaimer - Property reference 363413-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Tydus Peterborough, Peterborough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.










