first floor d2 leisure unit to let
FIRST FLOOR D2 LEISURE UNIT TO LET
01733 897722
15 - 27 Cowgate Peterborough PE1 1LZ £5 per sq ft per annum
866.30 sq m (9,324 sq ft)
City centre location
Large open plan area plus mezzanine storage
Suitable for a variety of uses (Subject to Planning)
NO GYM USES CONSIDERED
‘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
EPC
The property is located on Cowgate, within Peterborough City centre. Cowgate is a busy street leading off Church Street / Cathedral Square and is occupied by a wide variety of retailers including Subway, Colemans, Tamu Dessert Parlour, Wetherspoons, a variety of Estate Agents, The Pizza Café, Kall Kwik, Fit 4 Less and Topo Gigio Restaurant, amongst others. The central area of Peterborough has seen a number of new restaurant and bar entrants recently, including Wagamama, Pint & Pot (Charles Wells), Cote, Loungers, Middletons, The Stoneworks Bar and Puzzles Bar.
This property has an EPC within Band D (86). A copy of the EPC is available on our website.
SERVICE CHARGE A service charge will be levied for the upkeep and maintenance of the structure and communal areas of the building. Details upon request.
PLANNING The property has planning consent for a gym use within Class D2, however due to various factors A GYM USE WILL NOT BE CONSIDERED. The property is suitable for a variety of other uses within Class D2, and in addition consideration will be given to other uses outside Class D2 subject to a suitable planning consent being obtained if required.
DESCRIPTION
The property comprises the whole of the first floor accommodation above the ground floor retail units on this side of Cowgate. The property has a self contained entrance from street level, with staircase access to the first floor. The landlord is investigating the possibility of installing a lift from ground to first floor. Currently fitted out as a gym, the premises provide one large open plan area, male and female WC facilities, and a separate ‘aerobics studio’ area. In addition there is a smaller mezzanine storage area at second floor level. The space benefits from large windows to the frontage, air conditioning system and ceiling mounted lighting. There are 2 parking spaces in the rear car park.
BUSINESS RATES The property has a Rateable Value of £44,250 (2017 List). From 1st April 2017 properties with an RV of below £51,000 are normally charged at a rate of 46.6 pence in the pound on the RV. This property may be affected by Transitional Rates Relief and interested parties are advised to check the actual rates payable figure with Peterborough City Council.
LEASE The property is available on a new lease for a term to be agreed.
LEGAL COSTS
FLOOR AREAS
Each party is responsible for their own legal costs.
The property has the following net internal area: First floor 806.90 sq m (8685 sq ft) Second floor 59.40 sq m ( 639 sq ft) Total 866.30 sq m (9,324 sq ft)
RENT £47,000 per annum exclusive of VAT, Business Rates and other outgoings (£5 psf).
SERVICES
VAT
Mains electricity, water and 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.
VAT is payable in respect of this property
VIEWING Strictly by appointment with the sole agents:-
Barker Storey Matthews 37 Priestgate, Peterborough PE1 1JL Contact: Julian Welch [email protected] (01733) 897722
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
PLEASE NOTE: the photographs above show the premises fitted out by the current occupier. All tenants equipment will be removed upon their vacation of the premises and are not included with the property on a new lease. 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
●
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
