A5 Retail

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A3 / A5 Retail TO LET/FOR SALE DEEPING ST JAMES, PETERBOROUGH

01733 897722

65 Manor Way, Deeping St James Peterborough, PE6 8PX Size: 572 sq ft (53.09 sq m)

To Let or For Sale 

Popular local parade

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Consent for A5 and A3 uses

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Zero business rates for qualifying businesses

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Other uses also considered

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No VAT payable

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

  Bury St Edmunds



Cambridge



Huntingdon



Peterborough

LOCATION

BUSINESS RATES

Deeping St James, in conjunction with Market Deeping, forms a small town with a resident population in the region of 13,000 people, and is located on the border of Lincolnshire and Cambridgeshire, 9 miles to the North of Peterborough, off the A15 trunk road.

From 1 April 2017 the draft rateable value now released by the VOA is £7,400 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 £2,358 for 2017/18.

The property is situated on Manor Way in Deeping St James, and forms part of a small parade of shops mainly serving the immediately surrounding residential area. Other operators in the parade include Ghurkha 91 restaurant, Beijing Palace takeaway, Nova Pizza and the Alisa Convenience Store. The upper parts of the parade form a block of 6 residential maisonettes. There is a car park to the rear of the block within which two parking spaces are allocated to the property.

TERMS The Property is available either by way of a new lease for a term to be agreed, or on a freehold basis with vacant possession upon completion.

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

DESCRIPTION The property comprises a self contained lock up shop arranged over ground floor only. Internally the shop has been fitted out in conjunction with its existing use as a café, with a sales / seating area to the front, and kitchen/preparation area to the rear.

EPC

The sales area has wood effect laminate flooring, ceiling suspended pendant lighting, and gas fired central heating via wet wall mounted radiators. The rear kitchen area benefits from linoleum flooring, a full extraction system with associated hood, and ceiling mounted fluorescent lighting. The unit benefits from a public accessible WC facility. There are two parking spaces to the rear.

The property is available to let at a rent of £8,500 pa exclusive of VAT, Business Rates and other outgoings. Alternatively the freehold interest (which includes the first floor flat which has been sold on a long lease, producing £50 pa income) is available at £115,000.

The property has an EPC Rating within Band C (58). A copy of the certificate is available upon request.

RENT / PRICE

VAT VAT is NOT payable in respect of this property.

VIEWING

FLOOR SITE AREAS Front sales / seating:

35.82 sq m (386 sq ft)

Rear Kitchen:

17.27 sq m (186 sq ft)

Total NIA:

53.09 sq m (572 sq ft)

Strictly by appointment with the sole agents:-

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

All measurements above are approximate.

SERVICES Mains gas, 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.

170616 4N088

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