4S204 85 Park Road

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OFFICES / RESIDENTIAL CONVERSION FOR SALE Peterborough, Cambridgeshire

01733 897722

85 Park Road, Peterborough PE1 2TN Size: 1,318 sq ft

Price: £225,000 

City centre location

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8 rooms altogether

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5 car parking spaces*

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Period features

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Vacant possession available

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For Sale freehold

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

  Bury St Edmunds



Cambridge



Huntingdon



Peterborough

LOCATION

BUSINESS RATES

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.

We understand from internet enquiries made from the VOA website that 85/87 has a rateable value of £25,750 (2010 List). The rateable values will be split.

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

It is likely therefore that the rateable value just for 85 will benefit from small business rates relief from April 2017 onwards.

DESCRIPTION The premises comprise a semi-detached office 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 stained glass, 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:

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 Available at £225,000 plus VAT.

VAT 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)

We understand that VAT will be charged on 85.

17.2 16.3 14.6 9.03

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

VIEWING

sq sq sq sq

m m m m

122.4 sq m

(1,318 sq ft)

*Outside parking for 5 cars at present but if rear garden removed from 85 then more parking could be created

SERVICES

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

Strictly by appointment with the sole agents:Barker Storey Matthews 37 Priestgate, Peterborough PE1 1JL Contact: Richard Jones [email protected] (01733) 897722 4S204 160322

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.

PLANNING 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.

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