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Hereward Cross Centre Midgate 979 - 22,645 SF of Retail Space Available in Peterborough PE1 1TN

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HIGHLIGHTS

  • City centre retail premises, short walk from Cathedral Square.
  • Prominent location with high footfall.
  • Car parking available.
  • Adaptable space for various retail & leisure purposes.
  • Visible shop front and window display.

SPACE AVAILABILITY (3)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • TYPE
  • Ground, Ste 20
  • 1,666 SF
  • Negotiable
  • $27.91 CAD/SF/YR $2.33 CAD/SF/MO $46,498 CAD/YR $3,875 CAD/MO
  • TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Pending

Hereward is conveniently located just a short walk from Cathedral Square and is quickly establishing itself as one of the many prime city centre development hubs, with exciting new retail and leisure opportunities on the horizon. With excellent visibility, high pedestrian footfall, and ambitious development plans for the surrounding area, now is the perfect time to make the move to Midgate.

  • Use Class: E
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Adaptable space for various retail purposes
  • Visible shop front and window display
  • Large first floor space
  • Ground, Ste 25
  • 979 SF
  • Negotiable
  • $38.00 CAD/SF/YR $3.17 CAD/SF/MO $37,198 CAD/YR $3,100 CAD/MO
  • TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

The premises comprises the former Wilko store with retail space on the ground floor, and storage and staff facilities across the first floor. The property is considered suitable for a range of uses. Consideration will be given to splitting/dividing the unit.

  • Use Class: E
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 20,979 SF of adjacent space
  • Common Parts WC Facilities
  • Former Wilko Store
  • Retail and office space on ground floor
  • Suitable for a range of uses
  • Ground, Ste Former Wilko
  • 5,000-20,000 SF
  • Negotiable
  • $1.86-$7.44 CAD/SF/YR $0.15-$0.62 CAD/SF/MO $37,198 CAD/YR $3,100 CAD/MO
  • Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

The premises comprises the former Wilko store with retail space on the ground floor, and storage and staff facilities across the first floor. The property is considered suitable for a range of uses. Consideration will be given to splitting/dividing the unit.

  • Use Class: E
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 20,979 SF of adjacent space
  • Common Parts WC Facilities
  • Former Wilko Store
  • Retail and office space on ground floor
  • Suitable for a range of uses
Space Size Term Rental Rate Rent Type
Ground, Ste 20 1,666 SF Negotiable $27.91 CAD/SF/YR $2.33 CAD/SF/MO $46,498 CAD/YR $3,875 CAD/MO TBD
Ground, Ste 25 979 SF Negotiable $38.00 CAD/SF/YR $3.17 CAD/SF/MO $37,198 CAD/YR $3,100 CAD/MO TBD
Ground, Ste Former Wilko 5,000-20,000 SF Negotiable $1.86-$7.44 CAD/SF/YR $0.15-$0.62 CAD/SF/MO $37,198 CAD/YR $3,100 CAD/MO Fully Repairing & Insuring

Ground, Ste 20

Size
1,666 SF
Term
Negotiable
Rental Rate
$27.91 CAD/SF/YR $2.33 CAD/SF/MO $46,498 CAD/YR $3,875 CAD/MO
Rent Type
TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Pending

Hereward is conveniently located just a short walk from Cathedral Square and is quickly establishing itself as one of the many prime city centre development hubs, with exciting new retail and leisure opportunities on the horizon. With excellent visibility, high pedestrian footfall, and ambitious development plans for the surrounding area, now is the perfect time to make the move to Midgate.

  • Use Class: E
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Adaptable space for various retail purposes
  • Visible shop front and window display
  • Large first floor space

Ground, Ste 25

Size
979 SF
Term
Negotiable
Rental Rate
$38.00 CAD/SF/YR $3.17 CAD/SF/MO $37,198 CAD/YR $3,100 CAD/MO
Rent Type
TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

The premises comprises the former Wilko store with retail space on the ground floor, and storage and staff facilities across the first floor. The property is considered suitable for a range of uses. Consideration will be given to splitting/dividing the unit.

  • Use Class: E
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 20,979 SF of adjacent space
  • Common Parts WC Facilities
  • Former Wilko Store
  • Retail and office space on ground floor
  • Suitable for a range of uses

Ground, Ste Former Wilko

Size
5,000-20,000 SF
Term
Negotiable
Rental Rate
$1.86-$7.44 CAD/SF/YR $0.15-$0.62 CAD/SF/MO $37,198 CAD/YR $3,100 CAD/MO
Rent Type
Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

The premises comprises the former Wilko store with retail space on the ground floor, and storage and staff facilities across the first floor. The property is considered suitable for a range of uses. Consideration will be given to splitting/dividing the unit.

  • Use Class: E
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 20,979 SF of adjacent space
  • Common Parts WC Facilities
  • Former Wilko Store
  • Retail and office space on ground floor
  • Suitable for a range of uses

Service Types


The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.

1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.

2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.

3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.

4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.

PROPERTY FACTS

Total Space Available 22,645 SF
Min. Divisible 979 SF
Max. Contiguous 20,979 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 76,314 SF
Total Land Area 1.23 AC
Year Built 1967
Parking Ratio 0.3/1,000 SF

ABOUT THE PROPERTY

The property comprises the Hereward Cross Centre, a retail shopping centre arranged over four floors, with retail units throughout. The shopping centre comprises 14 shops, a supermarket and a six-storey office block. Previously known as Hereward Centre. The property is located on Midgate and extends onto Broadway and Cattle Market Road.

  • 24 Hour Access
  • Security System
  • Signage
  • Storage Space

NEARBY MAJOR RETAILERS

Starbucks
Caffè Nero
Snap Fitness
HSBC
Natwest
Santander
Metro Bank
Lloyds Bank
Nando's
Kokoro
  • Listing ID: 27993419

  • Date on Market: 2025-09-24

  • Last Updated:

  • Address: Midgate, Peterborough PE1 1TN

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