4S204 85 & 87 Park Road New

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OFFICES / RESIDENTIAL CONVERSION FOR SALE Peterborough, Cambridgeshire

01733 897722

85/87 Park Road, Peterborough PE1 2TN Size: 1,281 - 2,599 sq ft

Price: £440,000 

City centre location

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10 car parking spaces*

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Vacant possession available

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Total 119 - 241 sq m (1,281 2,599 sq ft)

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Sale individually considered

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

  Bury St Edmunds



Cambridge



Huntingdon



Peterborough

LOCATION

SERVICES

The premises is located in Park Road, in Peterborough city centre, close to its junction with Church Walk, as identified on the attached street plan extract.

Mains electricity gas and water are available to the premises. 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.

Nearby occupiers include Waveney Insurance, Jenna Clinic and Jeremy Roberts solicitors.

DESCRIPTION The premises comprise two semi-detached offices with access for parking off Park Road and Church walk. The offices are carpeted throughout with surface mounted cat 2 and fluorescent strip lighting and radiator central heating. Some original features includes coving and fireplaces.

FLOOR AREAS 85 Park Road Ground floor Office 1: Office 2: Office 3/ Kitchen Store: Toilet

First floor Office 4: Office 5: Office 6: Office 7: Kitchen Toilet Total:

Currently office use but there is the ability to convert to residential use without needing planning consent under permitted development rights. A prior approval application was submitted on 1 February and approval is due shortly.

BUSINESS RATES We understand from internet enquiries made from the VOA website that the property has a rateable value of £25,750 (2010 List).

37.5 sq m 14.6 sq m 9.0 sq m 4.2 sq m

(403 sq ft) (157sq ft) (97sq ft) (45 sq ft)

17.2 16.3 14.6 9.03

(185sq ft) (175 sq ft) (158 sq ft) (97 sq ft)

sq sq sq sq

m m m m

122.4 sq m

(1,318 sq ft)

87 Park Road Ground floor Office 1: Office 2: Kitchen Office 3 First floor Office 4: Office 5: Office 6: Office 7: Toilets x 2 Total:

PLANNING

21.0 sq m 18.6 sq m

(227 sq ft) (200 sq ft)

20.0 sq m

(216sq ft)

7.5sq m 19.2 sq m 20.4 sq m 12.3 sq m

(81 sq ft) (207 sq ft) (219 sq ft) (132 sq ft)

122.4 sq m

(1,281 sq ft)

*Outside parking for 10 cars at present but if rear garden removed from 85 and front garden from 87 up to 14-15 may be possible. Access into the car parking at the rear is off Church walk.

For the year commencing 1 April 2016 rates will normally be charged at 49.7p in the pound over £18,000 RV. However the amount may be affected by transitional adjustments or small business rates relief and could be higher or lower - interested parties are advised to check with Peterborough City Council.

PRICE £440,000 for the freehold interest of both or £225,000 per property if divided.

VAT We understand that VAT will not be charged on 87 and but will be charged on 85.

LEGAL COSTS Each party is to be responsible for their own legal costs.

VIEWING Strictly by appointment with the sole agents:Barker Storey Matthews 37 Priestgate, Peterborough PE1 1JL Contact: Richard Jones [email protected] (01733) 897722 4S204 160317

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

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