20 - 24 Queen Street, Whittlesey, Peterborough, PE7 1AY

£499,000

Size

3,204

Tenure

Freehold

EPC

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Parking

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Primary use
Commercial development
Other use(s)
Residential development

No floor / site plan

Key features

  • Retail premises in prominent busy location
  • Estimated rental value fully let of £38,800 per annum
  • Guide price of £499,000
  • Mixed use investment sale
  • Planning has been approved for an extension

Description

Description
The ground floor property comprises of a commercial premises. The building is of traditional construction with a stone façade. The building has development potential to the rear subject to planning. The first floor consists of 2 flats and 1 studio.

Location
Whittlesey is a market town with a population of approximately 16,000 in the Fenland district of Cambridgeshire, located approximately 6 miles (10 km) east of Peterborough and 11 miles (18 km) west of March.

Whittlesey is located in Fenland district council of Cambridgeshire, situated in the heart of the East of England. Whittlesey is 6 miles (10 km) east of Peterborough.

Viewings
Strictly by appointment with the sole agent Savills.

Terms
Offers are invited in excess of £499,000.

Specifications
Rental income breakdown:
Commercial income of £16,000 per annum
Residential income of £14,880 per annum
Vacant flat estimated rent of £7,920 per annum

VAT
VAT will be charged in addition to the rent at the prevailing rate.

Anti-Money Laundering
To comply with Anti-Money Laundering Regulations, proof of ID and address are required and confirmation of the source of funding will be required.

EPC
The property currently has an EPC assessment of C - the certificate is attached.

Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction.

Business Rates
The Valuation Office Agency website lists the property with a current rateable value of £9,600.

Plans
Floor plans available upon request.

Planning
Interested parties are advised to make their own investigations the Local Planning Authority.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

20 - 24 Queen Street, Whittlesey, Peterborough, PE7 1AY

NEAREST STATIONS

National Rail

Whittlesea Station

0.68 miles

About Savills National , Peterborough

Savills National , Peterborough

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Disclaimer - Property reference 373027-1. 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 Savills National , 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.