4N072 565 Lincoln Road.pub - Realla

Report 0 Downloads 19 Views
SHOP WITH FLAT ABOVE FOR SALE Peterborough, Cambridgeshire

01733 897722

565/565a Lincoln Road, Peterborough, PE1 2PB Price: On application 

Prominent location



Ground floor vacant possession



One bedroom flat above

Size: 1,131 sq ft (105.14 sq m) 

Residential accommodation is currently occupied and producing an income of £420 pcm

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

  Bury St Edmunds



Cambridge



Huntingdon



Peterborough

From 1 April 2017 the draft rateable value now released by the VOA is £4,500 and the property will therefore qualify for small business rates relief. Because the RV falls below £12,000, we can confirm that there will be no rates payable during 2017/18 for a UK registered business for which this will be its only occupied commercial premises. For non -qualifying businesses the VOA estimates that rates payable will be £2,100 for 2017/18.

LOCATION The property is located on the Eastern side of Lincoln Road, close its junction with Maskew Avenue at ‘The Triangle’, approximately 3 miles to the North of Peterborough City Centre. The immediately surrounding area is predominantly residential in nature, albeit Lincoln Road itself in the main provides retail and other commercial, many with residential accommodation within upper parts. The surrounding residential population is highly multicultural in nature.

The first floor flat falls within Council Tax Band A

TENURE

DESCRIPTION

The retail element of the property is available with vacant possession. However the residential part is currently occupied on an Assured Shorthold Tenancy Agreement, producing an income of £420 pcm. Further information on this can be obtained from the agents.

The property comprises a self contained lock up shop, with a sales area to the front leading to ancillary accommodation. The ground floor accommodation also provides kitchen and toilet facilities. A brick built shed is located within the garden, which can be accessed via a passageway from a neighbouring property.

LEGAL COSTS

The residential accommodation provides a one bedroom flat. Comprising a double bedroom, lounge, kitchen and bathroom facilities.

Each party is to be responsible for their own legal fees.

FLOOR/SITE AREAS

The price is available on application.

Retail (NIA):

49.86 sq m

ITZA: Flat (GIA): Total :

55.28 sq m 105.14 sq m

PRICE

536 (sq ft) 268 (sq ft)

VAT

595 (sq ft)

We understand that VAT will be charged on the rent.

1,131(sq ft)

VIEWING

All measurements above are approximate.

Strictly by appointment with the sole agents:-

SERVICES

Barker Storey Matthews 37 Priestgate, Peterborough PE1 1JL Contact: Hannah Speechley [email protected] (01733) 897722

Electricity, water and drainage 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 the condition or working order of services, fixtures and fittings.

BUSINESS RATES

161104

For the year commencing 1 April 2016 the rateable value is £4,500.

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