1219 - 1221 Bourges Boulevard, Peterborough, PE1 2AU
Size
1,869.78
Tenure
Freehold
EPC
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Parking
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- Primary use
- Residential development
- Other use(s)
- High street retail
No floor / site plan
Key features
- Fully let and income producing - £31,800 per annum
- 5 Year retail lease - expiring 2031
- Retail store in prominent location
- Guide price of £325,000
- Each Flat producing £8,400 per year standard assured short hold tenancy
- High footfall of traffic
- Bus station & Train station located a short journey
- 2 Fully let apartments
Description
Ground floor consists of a retail store currently rented to a betting shop.
1st floor residential flat which is currently rented with standard assured shorthold tenancy terms.
Location
Peterborough is a historic cathedral city in Cambridgeshire, situated in the heart of the East of England. The city is located approximately 80 miles north of London, 77 miles east of Birmingham and 32 miles north of Cambridge.
Peterborough Railway Station is on the East Coast Mainline which allows direct access to London King’s Cross with a fastest journey time of approximately 45 minutes. Northbound services run regularly to destinations such as York (1 hr 10 min), Leeds (1 hr 20 min), Newcastle (2 hr 20 min) and Edinburgh (3hr 55 min).
The property is located on Bourges Boulevard connecting to Lincoln Road within the Millfield area approximately 1.75 miles to the North of Peterborough City Centre and immediately south of roundabout 18 which forms the junction of the A15 and A47 trunk roads.
Viewings
Strictly by appointment with the sole agent.
Terms
The property is available on a freehold basis of £325,000.
Business Rates
The Valuation Office Agency website lists the retail property with a current rateable value of £18,000.
VAT
VAT will be charged in addition to the rent at the prevailing rate.
Anti-Money Laundering Regulations
To comply with AML, it is the responsibility for both parties to provide information necessary to complete these checks before the deal is completed.
EPC
To be assessed.
Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction.
Plans
Floor plans available upon request.
Service Charge
There is no service charge payable.
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Disclaimer - Property reference 389820-1. 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.