Residential Development for saleAlexandra Road, Peterborough
Offers in Excess of £350,000
• Rare development opportunity
• 1.2 miles from City Centre
• Freehold sale only
• Approx plot size 0.35 acres
• D2 use class with potential for change (STP)
Development Potential - The size of the site provides potential for a number of development opportunities (STP) such as various commercial uses, conversion to a house of multiple occupancy and the development of the parking area to provide additional accommodation or commercial premise.
Prior to classification as a D1 use class the property was used as a residential premise and therefore, subject to a successful full planning application the unit could be converted to a sizable residential dwelling under the C3 class or alternatively a change of use to C4 may be achievable for a House of Multiple occupation.
D1 uses are permitted to change use for a single period of up two years to A1, A2, A3 and B1 uses. Prior Approval must be sought before the use begins. See full conditions and details in the GPDO Schedule 2, Part 4, Class D1
Local Area - The site is located 1.2 miles from Peterborough City Centre which is currently undergoing a £1 billion regeneration project and is expected to raise Peterboroughs profile. Key developments such as Gateway Peterborough and Fletton Quays and the development of the North Westgate area are now underway.
For further information on development in the city, please visit http://www.opportunitypeterborough.co.uk/
The surrounding area is mainly residential with a small number of commercial units located at the end of the road.
The area benefits excellent public transport links and easy access to the cities main parkways.
Floor Areas - Ground Floor - 184.25 sqm 1982 sqft
First Floor - 63 sqm 687sqft
Total - 2669sqft
Price - The price is to be offers in excess of £350,000 and the property is not subject to VAT.
Covenant Restrictions - This development will be sold with a covenant restriction on future use as a physiotherapy and allied health professions.
Description - Several change of use options (STP) are presented by this rare and exciting development opportunity. In its current condition the property comprises a self contained detached building arranged over ground and first floor upper floors. Internally the ground floor has been partitioned to provide a large rehabilitation room, reception and admin area, Accessible WC facility, waiting room and two ground floor clinic rooms. The first floor has been partitioned to provide a large kitchen / staff room facility plus shower room and three additional rooms for clinical use or administration. The property is carpeted throughout, has gas fired central heating with wet wall mounted radiators and is ideal for a variety of uses. There are a number of parking spaces for the property within the communal car park area
Tenure - The property is available freehold with vacant possession upon completion.
Rates - Enquiries can be made at the VOA website for the rateable values.
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.
Viewing Access - Strictly by appointment only with sole agents
1022 Lincoln Road
Legal Costs - Each party to bear their own legal costs.
Agents Note - The aerial photograph showing the site may not represent the actual boundary line
Belvoir Disclaimer - Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. All measurements quoted are approximate. These Particulars do not constitute a contract or part of a contract
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