Future of Peterborough's Hereward Cross shopping centre 'unclear'
- Published
The future of a city centre shopping complex was "unclear", a council said.
A Peterborough City Council cabinet meeting heard the authority did not know what developers' plans were for the Hereward Cross shopping centre.
Friday's meeting, external heard a new buyer had come forward for the southern end of the centre, where Midgate and Westgate meet Broadway.
It was told they were a "professional investor" with a "large portfolio up and down the country".
The council's executive director, Adrian Chapman, said the bid presented "an opportunity to open up a dialogue with the new owners once the sale is completed".
Any significant changes to the building would have to go through the council's planning processes.
The part of Hereward Cross that would change hands is currently home to Poundland, the Sir Henry Royce pub and various other shops and takeaways.
One of its largest units is empty after the closure of Wilko.
The part not for sale includes Tesco Express, as well as O'Neill's pub and the Embassy nightclub.
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