A1 SHOP TO LET Peterborough, Cambridgeshire
01733 897722
541 Lincoln Road Peterborough, PE1 2PB 1,161 sq ft (107.87 sq m)
£13,500 per annum exclusive
Prominent location
Available on new lease
A1 planning consent
ZERO Business Rates for 2017/18 for qualifying businesses
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 property is located on the Eastern side of Lincoln Road, close to St Pauls Road and opposite the Maskew Avenue junction at ‘The Triangle’, approximately 3 miles to the North of Peterborough City Centre.
The property has a rateable value (2010) list of £10,500 with rates payable for 2016/17 being £6,534 . The draft RV issued by the Valuation Office Agency for the new 2017 List is also set at £10,500 and will therefore qualify for small business rates relief. Because the RV sits 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 business. For non-qualifying businesses the VOA estimates that business rates payable for 2017/18 will be £4,893.00
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.
Interested parties are encouraged to confirm these figures with Peterborough City Council.
DESCRIPTION The property comprises a self contained semidetached lock up shop premises arranged over ground floor only. The property provides a front sales area, with rear secondary sales/workshop area. In addition there is a small office with kitchen and WC accommodation to the rear. Please note that there are no parking rights associated with the property.
TENURE The property is available on a new lease for a term to be agreed.
LEGAL COSTS Each party to be responsible for their own legal fees in connection with this matter.
FLOOR AREAS We confirm the following approximate net internal floor areas: Ground floor sales: Kitchen: Total NIA:
VAT
102.07 sq m (1,099 sq ft) 5.80 sq m ( 62 sq ft)
The property is NOT elected for VAT.
EPC
107.87 sq m (1,161 sq ft)
The property has an EPC Rating of Band D(90). A copy of the EPC certificate is available upon request.
RENT The rent is to be £13,500 per annum exclusive of VAT, Business Rates and other outgoings.
VIEWING Strictly by appointment with the sole agents:-
SERVICES
Barker Storey Matthews 37 Priestgate, Peterborough PE1 1JL Contact: Julian Welch
[email protected] (01733) 897722
Mains electricity water & drainage are available to the premises. Interested parties are 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.
USE
4L121 161212
The property has planning consent for uses within Class A1. Alternative uses may be considered subject to landlords approval and any necessary planning consents being obtained.
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