TypeLight Industrial units · General Industrial units

PE7 Ashbourne Road, Hampton, Peterborough

TenureFor sale

Ashbourne Road, Hampton, Peterborough, PE71/9

Specification

Building size
Building size70,000sqft
Land size
Land size0.93acres
Property type
Property typeLight Industrial units · General Industrial units
Tenure
TenureFor sale

Description

Investment Opportunity - Retail Unit - Peterborough

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.

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%.

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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