The freehold sale of a prominent building on Broadway, Peterborough gives potential buyers the chance to own a venue perfectly placed to capitalise on the city centre’s night time economy.

That’s the view of Barker Storey Matthews, the sole agent under instruction in the sale of 42 Broadway, Peterborough. A substantial detached building of circa 1,174 sq m (12,640 sq ft) of commercial accommodation spread across two storeys, whose price will be advised by the agent on application.

Most recently trading as Asian-fusion restaurant Ba Shoh, the large city centre venue closed its doors for the last time in the autumn (2017).

The 541.82 sq m (5,825 sq ft) of ground floor space hosts extensive restaurant seating and bar area, kitchens and public cloakroom facilities.  Another area of the ground floor is in need of refurbishment and there is scope for separate access to this part, according to Barker Storey Matthews.

The first floor is of a similar size at 547.2 sq m (5,890 sq ft), largely open plan and was formerly used for private functions.  There are also kitchens, a bar area and public cloakrooms, plus staff room facilities.  An external terraced area of 254.2 sq ft (2,639 sq ft) on the first-floor level has the scope to be reconfigured to create an outside seating area.

In addition, there is a small basement to one end of the building and an upper ground floor area could provide a small office.

The building retains many of its original features and, while not officially Listed, it is within Peterborough’s City Centre Conservation Area.

Opposite one of the city’s multi-storey car parks and with a taxi rank outside, 42 Broadway is highly accessible to Peterborough residents and city centre visitors alike.  Nearby occupiers include JD Wetherspoon’s, The College Arms Bar, O’Neill’s Public House and The Solstice Bar.

Julian Welch, Director, Barker Storey Matthews, comments, “Peterborough’s ‘night-time circuit’ is a key feature of the city’s leisure and entertainment scene.  

“The property at 42 Broadway is perfectly placed on ‘the circuit’.  It’s a large, impressive landmark building and offers a range of potential leisure uses to any owner and operator who want to make the most of the city’s vibrant night time economy.”

Viewing of 42 Broadway Peterborough is strictly by appointment through Barker Storey Matthews as the sole agent.  For more information, contact Julian Welch at the Peterborough office, tel 01733 897722, jw@bsm.uk.com or see bsm.uk.com/property/restaurant-drink-takeaway-property-peterborough/16127/