LOCATION
This property is located in Peterborough city centre on Broadway which is round the corner from the busy Queens Gate Shopping Centre. the property lies approximately 600m East of the A15 and has multiple public car parks close by as well as on street parking along Broadway. Peterborough is situated approximately 14 miles to the south east of Stamford, 9 miles south of Market Deeping, 23 miles north of Huntingdon and 23 miles east of Corby.
DESCRIPTION
The property comprises a ground floor retail unit which was previously in use as a restaurant. The unit would be suitable for a continued use as a restaurant or a variety of other uses (STP). Internally the property is fitted out as a restaurant with dinning area, a serve-over counter, kitchen, extraction system, stainless steel work surfaces and W.C's. The property benefits from extra storage space on the roof and an air conditioning and alarm system installed.
The vendor believes the property has potential for two further storeys to be constructed above the shop, subject to the necessary planning consents.
ACCOMMODATION
The premises have been measured in accordance with the RICS code of measuring practice on a net internal floor area basis.
Total NIA- 122.33 Sq m (1,317 Sq ft)
BUSINESS RATES
From enquiries made of the Valuation Office website, we understand that the following rating assessment applies:-
Rateable value: £24,750
Interested parties should however rely on their own enquiries as to the amount of rates payable.
TERMS
The property is For Sale freehold with full vacant possession, price guide £425,000.
