part let offices for sale

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PART LET OFFICES FOR SALE 01733 897722 INSERT PHOTO

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172 Park Road, Peterborough PE1 2UF Size: 1,455 sq ft

Price: £175,000 

Fully refurbished offices

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Parking to rear

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Ground floor producing £4,500 pa

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Sale includes rear car park and garage block.

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

  Bury St Edmunds



Cambridge



Huntingdon



Peterborough

LOCATION

PROPERTY TO BE SOLD

The property is located on Park Road opposite The Kings School close to its junction with Granville Street, approximately 1/2 mile north of the city centre.

The property to be sold comprises the office building (172 Park Road) together with the freehold of the access road and car park to the rear, which is subject to various rights of way and rights to park in favour of other owners and occupiers of 168, 170 and 174 park Road. In addition, the sale includes three former garages to the rear of the site. Please see attached plan identifying the property to be sold outlined in red.

DESCRIPTION The property comprises a semi detached office building arranged over ground, first and second floors, which has been recently fully refurbished to provide good quality office accommodation. The property includes new suspended ceilings with inset lighting, data cabling, carpeting throughout, gas fired central heating, fitted kitchen, ash veneered doors, intruder alarm and fire alarms.

TENURE Please note that the property is to be sold subject to the existing lease to Kenneally Property Services Ltd with regards the ground floor office (producing a rent of £4,500 per annum), and subject to various parking rights within the rear car park. The remainder of 172 Park Road (first and second floors) are to be sold with vacant possession. Full details are available on request from the selling agents.

ACCOMMODATION Ground floor

48.22 sq m (519 sq ft)

First & second floor

86.95 sq m (936 sq ft)

Total NIA:

135.17 sq m

(1,455 sq ft)

VAT

All measurements above are approximate.

We understand that VAT is payable in respect of this transaction.

SERVICES Mains electricity gas and water are available to the premises. 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.

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

VIEWING Strictly by appointment with the sole agents:-

BUSINESS RATES

Barker Storey Matthews

From Internet enquiries made of the Valuation Office website, we understand that the ground floor has a Rateable Value (2017 List) of £5,400. The first and second floors have a current Rateable Value (2017 List) of £7,200.

37 Priestgate, Peterborough PE1 1JL Contact: Julian Welch [email protected]

For the year commencing 1 April 2017 rates will normally be charged at 46.6 pence in the pound on the Rateable Value. However the amount may be affected by transitional adjustments and could be higher or lower - interested parties are advised to check with Peterborough Council.

(01733) 897722 4S178 170612

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