WAREHOUSE UNIT LEASE AVAILABLE
01733 897722
86 Werrington Business Centre, Papyrus Road, Peterborough PE4 5BH Rent Passing : £12,000 pa
2,919 sq ft (271 sq m)
Sought after location
End of terrace unit
Good level of on site parking
Available by assignment or new lease
‘Voted by the Estates Gazette Most active agent in the East of England 2014, 2015, 2016’
Bury St Edmunds
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Cambridge
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Huntingdon
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Peterborough
LOCATION BUSINESS RATES
The property is located within Werrington Business Centre, off Papyrus Road, approximately 4 miles North of Peterborough City centre. There is easy access to the City’s Parkway Road system via the A15, and to the national road network via the A47 and A1(M). The surrounding area is predominantly commercial in nature with other occupiers including Royal Mail, Bannatynes, Sycamore BMW, Audi Peterborough and Peter Brotherhood Ltd.
Enquiries of the Valuation Office Agency website indicate that the property has a Rateable Value of £14,500 (2017 List). Rates payable will normally be at 46.6 pence in the pound on the Rateable Value (from 1st April 2018 estimated at 48.4 pence in the pound), but interested parties are advised to verify the actual sum payable with Peterborough City Council. It should be noted that the Rateable Value falls below £15,000 and therefore this property is eligible for a limited amount of Small Business Rates Relief for a qualifying occupier. Further details on request.
DESCRIPTION The property comprises an end of terrace / warehouse unit. The unit is of steel portal frame construction with brick clad elevations, under a pitched insulated metal profile sheet roof with roof lights. The property benefits from a fully glazed full height frontage, with full height sectional loading door (3.67m wide x 4.65m high) and separate pedestrian entrance. Internally, the property provides a large open plan warehouse area, small office and single WC. Externally the property benefits from 6 allocated parking spaces.
TERMS The property is available by way of an assignment of the existing lease, which is for a term until 22nd March 2021. Alternatively a new lease may be available from the landlord direct. Details and a copy of the existing lease are available from the letting agent upon request.
LEGAL COSTS Each party is responsible for their own legal costs.
RENT
FLOOR AREA
The current rent passing is £12,000 per annum exclusive of VAT, Business Rates, Service Charge and other outgoings.
Total GIA: 271.05 sq m (2,919 sq ft) All measurements are approximate.
VAT
EPC
We understand that the premises are elected for VAT purposes.
The units both have an EPC within Band C (66). A copy of the EPC is available on the letting agents website.
VIEWING Strictly by appointment with the sole agents:-
SERVICES
Barker Storey Matthews The Lawns, 33 Thorpe Road, Peterborough PE3 6AB Contact: Julian Welch
[email protected] (01733) 897722
Mains electricity, water & drainage are believed to be available to the premises. Interested parties are however advised to make their own enquiries of the relevant service providers. Often, where buildings are vacant, services can be disconnected so no warranty can be given in respect of the connection, condition or working order of services, fixtures and fittings.
4T105
SERVICE CHARGE
180117
A service charge will be levied for the upkeep and maintenance of the communal areas of the estate. Details upon request. 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
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Cambridge
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Huntingdon
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Peterborough
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