Savills, on behalf of Milton (Peterborough) Estates Company, has let 4 Broadway in Peterborough to Cashino Gaming Ltd.
The British gambling company has agreed to a new 15-year lease for the two storey retail unit, which totals 2,723 sq ft (253 sq m). Cashino will use the space to open a new high street gaming venue.
Edward Gee, associate director in the business space team at Savills Peterborough, comments: “Situated on one of the main thoroughfares in Peterborough city centre, Cashino is set to benefit from the considerable footfall generated by the nearby Queensgate Shopping Centre. This latest deal follows a recent flurry of activity from retail and leisure operators, proving that demand for well-located space remains, despite market uncertainty caused by the ongoing Covid-19 pandemic.”
Cashino Gaming Ltd was advised by Sheringham Group.