Freehold Convenience Store & Residential Investment
Shop and one flat let to One Stop Stores Limited until January 2037
Includes 2 separately accessed flats let on AST's
Shop traded as One Stop since 2003
Total floor area of 416.50 sq. m. (4,483 sq. ft.)
Located in a popular residential suburb approximately 2.5 miles south west of Peterborough city centre
Situated in well established retail parade
Adjacent to a primary school, nursery and recreational areas
Lot 4
Auction 6th May 2026
Rent £61,800 per Annum Exclusive
Status Sold Post
Price
Sector Convenience Store and Three Flats
Auction Venue Live Streamed Auction
Property Information
Location
Miles
2.5 miles south west of Peterborough city centre, 39 miles north west of Cambridge, 40 miles east of Leicester
Roads
A1139, A605, A1(M)
Rail
Peterborough Railway Station
Air
East Midlands Airport, London Stansted Airport
Situation
The property is located within the established Peterborough residential suburb of Hampton Hargate, approximately 2.5 miles south west of Peterborough City Centre, and with convenient access to the A1(M). The property is situated on the north side of Hargate Way, well positioned in a retail parade to service the wider residential area. Nearby occupiers include a mix of retailers, an estate agent, a vet, cafes and takeaways. The property benefits from being immediately adjacent to Hampton Hargate Primary School, Busy Bees Nursery as well as several recreational areas and playgrounds.
Tenure
Freehold.
Location
Miles
2.5 miles south west of Peterborough city centre, 39 miles north west of Cambridge, 40 miles east of Leicester
Roads
A1139, A605, A1(M)
Rail
Peterborough Railway Station
Air
East Midlands Airport, London Stansted Airport
Situation
The property is located within the established Peterborough residential suburb of Hampton Hargate, approximately 2.5 miles south west of Peterborough City Centre, and with convenient access to the A1(M). The property is situated on the north side of Hargate Way, well positioned in a retail parade to service the wider residential area. Nearby occupiers include a mix of retailers, an estate agent, a vet, cafes and takeaways. The property benefits from being immediately adjacent to Hampton Hargate Primary School, Busy Bees Nursery as well as several recreational areas and playgrounds.
Tenure
Freehold.
Description
The property comprises a convenience store on the ground floor together with 2 x 2 bedroom flats and 1 x 1 bedroom flat on the first floor, separately accessed from the rear.
The Tenant has the right to use the delivery area to the rear for delivery and collection of goods.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a convenience store on the ground floor together with 2 x 2 bedroom flats and 1 x 1 bedroom flat on the first floor, separately accessed from the rear.
The Tenant has the right to use the delivery area to the rear for delivery and collection of goods.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Address
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
64/84 Hargate Way
Ground First
Convenience Store 1 bed flat
262.00 46.00
(2,820) (495)
ONE STOP STORES LIMITED t/a One Stop since 2003 (1)
15 years until 14/01/2037 (2)
£39,000
14/01/2027 14/01/2032
86 Hargate Way
First
2 bed flat
60.00
(645)
INDIVIDUALS
AST from 13/11/2025 @ £950 pcm
£11,400
88 Hargate Way
First
2 bed flat
60.00
(645)
INDIVIDUAL
AST from 10/12/2025 @ £950 pcm
£11,400
Total
428.00
(4,605)
£61,800
(1) One Stop Stores Limited have been a subsidiary of Tesco plc since 2003 and trade from over 1,000 shops across the UK (www.onestop.co.uk). For the year ending 22/02/2025, One Stop Stores Limited (CRN: 02462858) reported a Revenue of £1,294,401,000, a Gross Profit of £141,836,000 and shareholders funds of £145,263,000 (Source: Annual Report and Financial Statements as published at Companies House (20/03/2026). (2) The lease provides for a tenant option to determine on 14/01/2032. N.B. Please note the Renters' Rights Act 2025 is effective from the 1st May 2026. Please refer to the Guide to the Renters' Rights Act published by the Ministry of Housing, Communities & Local Government.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
