Both businesses have been granted rent-free deals.
Greggs bakery and Bewiched coffee shop are set to move to Fletton Quays development.
As reported by Peterborough Today, Greggs has been offered a year’s free rent by the council, whilst Bewiched was offered a two-year deal.
Council cabinet member for resources Cllr David Seaton said the agreement made sense for the authority as the development is still a long way off being completed, with 358 new apartments, a Hilton hotel, a whisky and gin distillery and an arts centre all still to be built.
Current Greggs and Bewiched outlets in Bridge Street will remain open, the council confirmed.
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