Unit 24 Phorpres Close, Hampton, Peterborough, PE7 8PH

Investment Sale- This modern end terrace unit is of steel portal frame construction and comprises a main workshop area with reception, W.C and a kitchen on the ground floor. A mezzanine floor has been installed over part to provide further office / workshop accommodation.

Location - The unit is located along Phorpres Close in Hampton on the south side of Peterborough. Hampton is a well established commercial area only 3 miles south of Peterborough city centre and benefits from good transport links with the A1(M), A15 and A47 all close by. The wider area is of mixed use comprising a variety of residential, shops, offices, commercial units and eateries. Occupiers within the immediate vicinity includes Mercedes-Benz, Screwfix and J&S Interiors.

Peterborough is situated approximately 14 miles south east of Stamford, 24 miles east of Corby and 22 miles north of Huntingdon.

Description - This modern end terrace unit is of steel portal frame construction and comprises a main workshop area with reception, W.C and a kitchen on the ground floor. A mezzanine floor has been installed over part to provide further office / workshop accommodation. The property benefits from the following features;

- Parking to front
- Electric roller shutter door
- Suspended ceiling with recessed LED lighting
- Carpeted floors
- Gas fired heating
- Air conditioning

Tenancy Information - The premises is let on a new 1 year full repairing and insurance lease commencing on the 1st October 2025 at a passing rent of £19,000 plus VAT per annum. Please contact the agent for a copy of the lease.

Accommodation - We have calculated the gross internal floor area to be as followed;

Ground floor- 124.7 sq m (1,342 sq ft)
Mezzanine floor- 45.05 sq m (485 sq ft)

TOTAL GIA- 169.75 sq m (1,827 sq ft)

Services - We understand that mains electricity, water, gas and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective lessees must rely on their own investigations as to their existence and condition.

Business Rates - From enquiries made though the Valuation Office website, we understand that the following rating assessment applies;

Rateable value: £10,750

This property is eligible for small business rates relief. However interested parties should make their own enquiries as to the amount of rates payable.

Terms - The property is FOR SALE freehold subject to the current tenancy at an asking price of £250,000 Plus VAT.

Service Charge - A service charge is payable on the estate, please contact the agent for further information.

Epc - Energy rating: tbc

Vat - We understand that VAT will be charged on the sale price.

Legal Costs - Each party to pay their own legal costs incurred.

Viewing - For an appointment to view or further information please contact;

Charlie Burrows
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