Unit 4 Astore Park, Astore Park, Peterborough, PE1 5XL

Description
The property comprises of a terraced steel portal frame warehouse building with cladding to the eaves. There is a mezzanine floor, a first floor office, 3 phase power, LED lighting and a gas blower. The upper eaves height is 6.35m and the lower eaves height is 5.25m. Externally there are circa 5 parking spaces.

Location
Peterborough is a 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. The city has excellent rail with the fastest journey time to London’s Kings Cross St Pancras being approximately 45 minutes.

Peterborough 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.

The property is prominently located on Padholme Road which is within the Eastern Industrial Area of the City and approximately 1.5 miles to Peterborough City Centre. The A1139 (Frank Perkins Parkway) dual carriageway is located close by providing direct access to Peterborough’s ring road system and the A1(M).

It is very much a mixed use area and nearby businesses include car dealerships, showrooms together with industrial, warehouse, trade counter, builders merchants and self-storage businesses. There are also various retail / leisure operators including a Showcase Cinema and restaurants such as Pizza Hut / McDonalds.

Viewings
Strictly by appointment with the sole agent.

Terms
The unit is available to let on terms to be agreed, guide rent of £22,500 per annum.
The property is available on a freehold basis - seeking offers of £275,000 + VAT.

Business Rates
The Valuation Office Agency website lists the property with a current rateable value of £20,500.

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 D - the certificate is attached.

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 an estate service charge payable for the up keep of the common areas.