Unit 1, 42 Broadway, Peterborough, PE1 1RS

Description
Property comprises of a cocktail bar arranged over basement, ground & first floor. Surrounded by a range of national and independent occupiers including bars, restaurants and nightclubs.

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). Peterborough is also served by the Cross Country operated Birmingham to Peterborough line with services to Leicester (55 min) and Birmingham (1 hr 45 min). Peterborough is within a 2 hour drive of Stansted, Luton, Heathrow, Birmingham and East Midlands airports.

It has become established as an important regional centre for commerce, industry, shopping, health, education and leisure. It benefits from a diverse economy, ranging from innovative small businesses to large global headquarters and has been recognised as one of the fastest growing cities in the UK by population with a current population within the urban area of approximately 205,000.

Occupiers close by include J D Wetherspoon, Velvet Panache Nightclub, Amber Tavern, Tesco Express, Embassy & O'Neills.

Viewings
Strictly by appointment with the sole agent.

Terms
The unit is available to let on terms to be agreed, guide rent £65,000 per annum + VAT.

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.

Plans
Floor plans available upon request.

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 £58,000

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

Planning
Interested parties are advised to make their own investigations the Local Planning Authority.