Summary - 4 Cumbergate,PETERBOROUGH,PE1 1YR PE1 1YR
1 bed 1 bath Shop
**Standout Features:**
- Prime city center location adjacent to Queensgate Shopping Centre
- Historical period building with attractive Tudor style
- Fully let until February 2032, generating an annual income of £31,836.24
- Large internal space of approximately 2,568 square feet, offering potential for varied uses
- Freehold tenure providing long-term ownership stability
**Concerns:**
- High crime rate in the local area
- Property situated in a deprived urban environment
Discover a unique investment opportunity in the heart of Peterborough at 4 Cumbergate. This impressive Tudor-style building, rich in historical character, features a spacious layout with potential for various commercial uses. Currently, it is fully leased to Centre Thirty Three for a stable income of £31,836.24 per annum, extending until February 2032.
Nestled next to the bustling Queensgate Shopping Centre, the property benefits from significant foot traffic and strong community ties, making it an ideal location for retail or professional services. Despite its advantageous positioning, buyers should note the local area's high crime rate and socio-economic challenges. However, the property’s condition is solid, and its large footprint allows room for renovations, diversifying usage opportunities, and enhancing value.
This is a rare chance to own a well-placed investment in a vibrant city setting—don't miss out on securing this asset with impressive rental potential!
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