residential conversion opportunity for sale 01480 451578
RETAIL/RESIDENTIAL CONVERSION OPPORTUNITY FOR SALE
01480 451578
3-5 Great Whyte, Ramsey, Cambridgeshire, PE26 1HE Size: Total area 146.8 sq m (1,580 sq ft)
Price: £200,000
Prime location in Ramsey town centre
Ground floor retail unit of 49 sq m (528 sq ft)
Planning consent for Change of Use to convert the first and second floors to residential use
First and second floor offices 97.7 sq m (1,051 sq ft)
Of interest to occupiers, investors and developers
Separate rear access available for first and second floors
‘Voted by the Estates Gazette Most Active Agent in the East of England 2014, 2015, 2016’
Bury St Edmunds
●
Cambridge
●
Huntingdon
●
Peterborough
Office 6 Width 5.48m x Depth 3.27m
LOCATION Ramsey is a market town situated 11 miles north of Huntingdon, 9 miles east of the A1 (via the B660) and 13 miles south-east of Peterborough. The town has an immediate residential population of approximately 7,000 although benefits from being a focal point for surrounding communities and villages. As well as an established town centre, Ramsey has a commercial industrial estate located on Stocking Fen Road together with a Tesco Superstore.
Storage Room Width 2.23m x Depth 2.89m Total NIA of offices/storage - 97.73 sq m (1,051 sq ft) Total Floor Area - 146.8 sq m (1,580 sq ft)
PLANNING PERMISSION Huntingdonshire District Council have granted by way of Prior Approval Change of Use of the first and second floor from D1 offices to C3 residential to create either one dwelling or two flats. A copy of the Prior Approval (Ref. No. 17/01187/P3) is available from the agents or via Huntingdonshire District Council’s website. Planning permission is subject to the development being completed within three years from 28 July 2017. We understand from Huntingdonshire District Council that responsibility with respect to Community Infrastructure Levy (CIL) has been fully discharged. The purchasers should, satisfy themselves prior to purchase by checking with Huntingdonshire District Council that CIL is not applicable.
The property is situated in a prominent location close to the junction of the High Street and Great Whyte providing an opportunity to secure highly visible premises within the centre of Ramsey.
DESCRIPTION The property comprises of a three storey building of brick construction with a pitched tiled roof. The ground floor is an open plan shop with central access off Great Whyte. At first and second floor level are offices currently accessible via the shop. There is a right of way to the left hand side of the building from Great Whyte providing access to the rear and thus allowing for the first and second floors to be developed and as required let or sold off separately.
TENURE The property is offered by way of the sale of the freehold interest with vacant possession.
FLOOR AREAS Ground Floor Retail Sales Width 9.48 m x Depth 5.31m - 49.07 sq m (528 sq ft)
PRICE £200,000 plus VAT.
First Floor Office 1 Width 5.48m x Depth 3.20m Office 2 Width 4.32m x Depth 3.02m Office 3 Width 5.61m x Depth 3.22m
BUSINESS RATES From 1 April 2017 the rateable value now released by the VOA is £10,500 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.
Second Floor Office 4 Width 5.79m x Depth 3.02m Office 5 Width 4.24m x Depth 2.99m
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
LEGAL COSTS Each party to be responsible for their own legal costs in respect of the sale contract documentation.
EPC The property has an EPC of F (128). A copy of the EPC is available on our website.
VIEWING Strictly by appointment with the sole agents:-
Barker Storey Matthews 150 High Street, Huntingdon, Cambs PE29 3YH Contact: Richard Adam [email protected] (01480) 451578
7S1019 170815 rv
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
First/Second Floor Offices
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
Ground Floor Retail
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
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
01480 451578
3-5 Great Whyte, Ramsey, Cambridgeshire, PE26 1HE Size: Total area 146.8 sq m (1,580 sq ft)
Price: £200,000
Prime location in Ramsey town centre
Ground floor retail unit of 49 sq m (528 sq ft)
Planning consent for Change of Use to convert the first and second floors to residential use
First and second floor offices 97.7 sq m (1,051 sq ft)
Of interest to occupiers, investors and developers
Separate rear access available for first and second floors
‘Voted by the Estates Gazette Most Active Agent in the East of England 2014, 2015, 2016’
Bury St Edmunds
●
Cambridge
●
Huntingdon
●
Peterborough
Office 6 Width 5.48m x Depth 3.27m
LOCATION Ramsey is a market town situated 11 miles north of Huntingdon, 9 miles east of the A1 (via the B660) and 13 miles south-east of Peterborough. The town has an immediate residential population of approximately 7,000 although benefits from being a focal point for surrounding communities and villages. As well as an established town centre, Ramsey has a commercial industrial estate located on Stocking Fen Road together with a Tesco Superstore.
Storage Room Width 2.23m x Depth 2.89m Total NIA of offices/storage - 97.73 sq m (1,051 sq ft) Total Floor Area - 146.8 sq m (1,580 sq ft)
PLANNING PERMISSION Huntingdonshire District Council have granted by way of Prior Approval Change of Use of the first and second floor from D1 offices to C3 residential to create either one dwelling or two flats. A copy of the Prior Approval (Ref. No. 17/01187/P3) is available from the agents or via Huntingdonshire District Council’s website. Planning permission is subject to the development being completed within three years from 28 July 2017. We understand from Huntingdonshire District Council that responsibility with respect to Community Infrastructure Levy (CIL) has been fully discharged. The purchasers should, satisfy themselves prior to purchase by checking with Huntingdonshire District Council that CIL is not applicable.
The property is situated in a prominent location close to the junction of the High Street and Great Whyte providing an opportunity to secure highly visible premises within the centre of Ramsey.
DESCRIPTION The property comprises of a three storey building of brick construction with a pitched tiled roof. The ground floor is an open plan shop with central access off Great Whyte. At first and second floor level are offices currently accessible via the shop. There is a right of way to the left hand side of the building from Great Whyte providing access to the rear and thus allowing for the first and second floors to be developed and as required let or sold off separately.
TENURE The property is offered by way of the sale of the freehold interest with vacant possession.
FLOOR AREAS Ground Floor Retail Sales Width 9.48 m x Depth 5.31m - 49.07 sq m (528 sq ft)
PRICE £200,000 plus VAT.
First Floor Office 1 Width 5.48m x Depth 3.20m Office 2 Width 4.32m x Depth 3.02m Office 3 Width 5.61m x Depth 3.22m
BUSINESS RATES From 1 April 2017 the rateable value now released by the VOA is £10,500 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.
Second Floor Office 4 Width 5.79m x Depth 3.02m Office 5 Width 4.24m x Depth 2.99m
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
LEGAL COSTS Each party to be responsible for their own legal costs in respect of the sale contract documentation.
EPC The property has an EPC of F (128). A copy of the EPC is available on our website.
VIEWING Strictly by appointment with the sole agents:-
Barker Storey Matthews 150 High Street, Huntingdon, Cambs PE29 3YH Contact: Richard Adam [email protected] (01480) 451578
7S1019 170815 rv
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
First/Second Floor Offices
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
Ground Floor Retail
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
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
