Units 34-35 Aston Business Park, Peterborough, PE2 7BF

Location
Peterborough is a cathedral city in Cambridgeshire, situated in the heart of the East of England located approximately 80 miles north of London, 77 miles east of Birmingham and 32 miles north of Cambridge. It has excellent rail links to London Kings Cross, Edinburgh, York and Leeds.

The property is located on Aston Business Park, Shrewsbury Avenue, Woodston, a popular mixed use estate to the south of the city and is just off the A1260 Nene Parkway, which provides good access to the A1(M) 3 miles to the south at J17.

Nearby occupiers include May Home Furnishing and Ray & Paul Interiors.

Viewings
Strictly by appointment with the sole agents.

Terms
Guide price of £215,000 (two hundred and fifteen thousand pounds) representing a 5.81% net initial yield.

Specifications
Fully let as follows
Unit 34 - let to a private individual for a term of 5 years, expiring January 2027, at a rent of £6,500 per annum exclusive of VAT.
Unit 35 – let to PCS Exterior Cleaning (storage use) for a term of 3 years, expiring July 2028, at a rent of £6,000 per annum exclusive of VAT.

EPC
Unit 34 to be reassessed;
Unit 35: B rating

Legal Costs
Each party to bear their own legal costs in this transaction.

AML
Purchasers to provide proof of ID & address will be required for AML due diligence purposes.

VAT
The units are not opted for VAT.

Anti-Money Laundering
Purchasers to provide proof of ID & address will be required for AML due diligence purposes.

Business Rates
Tenants to pay Business Rates.
Unit 34 RV: £5,300.
Unit 35 RV: £3,500

Tenant Covenant
Unit 34: Let to a private individual
Unit 35: Let to PCS Exterior Cleaning LTD. ICANS Tenant Global Score: 41/100.