63-65, 67 69, Oundle Road, Peterborough, PE2 9PE

£850,000

Size

940 - 6,401

Tenure

Freehold

EPC

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Parking

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Primary use
Other
Other use(s)
Other leisure, High street retail

Key features

  • Freehold development site
  • Vacant posession
  • Existing planning consent for residential developments
  • Large car park
  • Close occupiers include Tesco Express, Nisa Local, Lidl and Coral.

Description

The property occupies a large site of c.0.23 acres with frontages to both Oundle Road and Jubilee Street. Fronting Oundle Road the property offers 3 distinct commercial units with ancillary accommodation above which has planning permission for residential use.

To the rear is a standalone commercial building accessed from Jubilee Street which also provides access to a generous rear car park of approximately 25 spaces.

The buildings occupy a prominent position on both Oundle Road and Jubilee Street. Oundle Road is a busy retailing thoroughfare and connects at either end to Nene Parkway and London Road. Nearby occupiers include Tesco Express, Nisa Local, Lidl and Coral. Only a minutes walk to the West on Oundle Road is Guild House. Developers MJS have secured planning for a redevelopment of the building into 138 apartments which will dramatically improve the immediate location and provide footfall for the commercial units.

The location allows for easy access into Peterborough city centre and the train station, being only a 10 minute walk away and also provides accessto the amenity of the Nene River only a short walk away.

63-65 Oundle Road - The property benefits from planning permission dated 12/11/2024 to convert the upper floors and the part rear of the commercial unit to 4 x 1 bedroom apartments. Full information can be found at the planning portal under reference number - 24/01226/PRIOR. Floor plans are available within our dataroom upon request.

67 Oundle Road - The property benefits from planning permission dated 13/11/2024 to convert the upper floors and part ground floor to 2 x 1 bedroom apartments. Full information can be found at the planning portal under reference number - 24/01174/FUL. Floor plans are available within our dataroom upon request.

69 Oundle Road - The property benefits from planning permission dated 23/10/2024 to convert the building into 2 x 1 bedroom apartments. Full information can be found at the planning portal under reference number - 24/01183/PRIOR. Floor plans are available within our dataroom upon request.

Rear Commercial Building - The property benefits from planning permission dated 29/05/2024 to convert the building into 3 x 1 bedroom apartments. Full information can be found at the planning portal under reference number - 24/00452/FUL. Floor plans are available within our dataroom upon request.
Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
No
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Environmental data
BREEAM rating
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Environmental description
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63-65, 67 69, Oundle Road, Peterborough, PE2 9PE

NEAREST STATIONS

National Rail

Peterborough Station

0.62 miles

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Disclaimer - Property reference 294915-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Tydus Peterborough, Peterborough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.