The former TK Maxx on Bridge Street pictured ahead of its opening in 2011 after it took over the former Woolworth building. The deal to bring the company to Peterborough was brokered through Opportunity Peterborough, Peterborough City Council and TK Maxx all working together with the owners, LaSalle Investment Management.

EXCLUSIVE: From £10m prime investment to £2m sale: how Peterborough City Council lost millions on the former TK Maxx building

For more than a decade, a landmark building at the southern gateway to Bridge Street symbolised confidence in Peterborough’s city centre. Once marketed for sale at £9.85m as a prime investment delivering over £600,000 a year in rent, the former Woolworths, TK Maxx and New Look building has now been sold by Peterborough City Council … Continue reading EXCLUSIVE: From £10m prime investment to £2m sale: how Peterborough City Council lost millions on the former TK Maxx building

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