4D085 40 Commerce Road - Realla

Report 5 Downloads 19 Views
OFFICES TO LET/FOR SALE Commerce Road, Peterborough

01733 897722 Competitive rent available INSERT PHOTO

www.b

Flexible lease terms

40 Commerce Road, Peterborough PE2 6LR Rent: £11,050 pax (Ground Floor)

Size (GF): 1,005 sq ft

Price (the whole): OIEO £260,000

(Whole) 2,254 sq ft





Modern ground floor office suite to let



Air conditioned



Freehold for sale subject to first floor occupancy

4 car parking spaces

Voted by the Estates Gazette ‘Most Active Regional Agent in Cambridgeshire 2012, 2013, 2014, 2015’

  Bury St Edmunds



Cambridge



Huntingdon



Peterborough

LOCATION

FREEHOLD

Tyndall Court is situated off Commerce Road which in turn is situated off Lynch Wood, the main feeder road serving the prestigious Peterborough Business Park. The Park is situated approximately 3 miles west of Peterborough city centre, off the main A605 Oundle Road and is within approximately ½ mile of the A1 at its junction with Alwalton.

The freehold of the whole property is available for sale subject to the occupational lease at first level, let to Peak Work on a lease to expire 22/01/18 at a current rent of £8,743 pax. The first floor suite extends to approximately 1,249 sq ft. The total floor area of the building therefore amounts to 2,254 sq ft net internal floor area.

The Park is the premier Business Park for Peterborough and occupiers include The Norwich & Peterborough Building Society, Bauer, Coloplast, A B Agri, PS Financials, Cummins Global Technologies, National Kidney Research, Royal & Sun Alliance together with a 4 Star Marriot Hotel.

Price OIEO £260,000 plus VAT. If vacant possession of the whole is required please contact the agents for further information.

BUSINESS RATES From enquiries made of the Valuation Office website we understand that the current Rateable Value of the building is £26,500 (2010 Assessment). The Assessment will need to be split on completion of the lease.

DESCRIPTION The premises to let comprise a ground floor office suite of 93.4 sq m (1,005 sq ft). The offices are fitted with carpeting, full access raised floors, suspended ceiling with recessed lighting and comfort cooling. Total NIA:

For the year commencing 1 April 2016 rates will normally be charged at 49.7 pence in the pound on the Rateable Value. However the amount may be affected by transitional adjustments and could be higher or lower - interested parties are advised to check with Local Rating Authority.

93.4 sq m (1,005 sq ft)

SERVICES Mains drainage, water, and electricity are believed to be available to the property. Interested parties are however advised to make their own enquiries of the relevant service providers. No warranty can be given in respect of their condition. Prospective tenants should satisfy themselves as to their condition.

LEGAL COSTS Each party to pay their own legal fees.

VIEWING Strictly by appointment with the sole agents:-

SERVICE CHARGE

Barker Storey Matthews

A service charge is levied in respect of a contribution towards the upkeep and maintenance of the estate and external areas. The budget for 2016 is £1,530.31 plus VAT.

37 Priestgate, Peterborough PE1 1JL Contact: Stephen Hawkins / Edd Maryon

RENT

[email protected] / [email protected]

For the ground floor only £11,050 per annum exclusive of VAT, service charge, rates and all usual outgoings.

(01733) 897722 4D085

Rental is available at half rate for the first year of a new lease, term by negotiation.

160210

Note: Barker Storey Matthews is the trading name of BSMH Ltd. Reg No. 2566342. These particulars do not constitute or form any part of an offer or contract nor may they be regarded as representations. All interested parties must themselves verify their accuracy. All measurements are approximate. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. NIA Refers to Net Internal Area. Where appropriate or stated IPMS 3 relates to the International Property Measurement Standards 1st Edition. A definition can be found at: www.ipmsc.org/standards/office

Bury St Edmunds



Cambridge



Huntingdon



Peterborough

ORDNANCE SURVEY PLAN THIS PLAN IS REPRODUCED FROM THE ORDNANCE SURVEY MAP WITH THE PERMISSION THE CONTROLLER OF HER MAJESTY’S STATIONERY OFFICE, © CROWN COPYRIGHT RESERVED. OF

THIS PLAN IS PUBLISHED FOR IDENTIFICATION PURPOSES ONLY AND ALTHOUGH BELIEVED TO BE CORRECT, ITS ACCURACY IS NOT GUARANTEED AND IT DOES NOT FORM PART OF ANY CONTRACT. LICENCE NO. 100003928