New kebab restaurant planned for city centre proves retail confidence remains
A retail unit at 48 Bridge Street (between Millets and the former Mountain Warehouse unit) has been let to German Donner Kebab, the gourmet donner kebab restaurant.
Space at 40-42 Westgate has also been sold to Virdee Real Estate Ltd and is set to be used as a beauty salon. This building is next to Westgate Newsagent and Stationers.
Savills has also sold 12 Cowgate, formerly Colemans stationery shop, to Axem Holdings Ltd. This vacant property is now being marketed to potential occupiers.
Edward Gee, associate director in the business space agency team at Savills Peterborough, said: "Despite the ongoing uncertainty caused by Covid-19 we have seen a recent flurry of retail activity within Peterborough city centre. All three units are located within close proximity to Queensgate Shopping Centre and will benefit from the footfall generated by the surrounding retail and leisure offer, which continues to improve day-by-day.
"The fact we are seeing investors purchase vacant units and retailers still taking space proves that confidence remains in the local market."