, 1219 - 1221 Bourges Boulevard, Peterborough, PE1 2AU | Property for sale | Savills
1,869.78 sq ft(173.71 sq m)
£325,000(€384,560)

1219 - 1221 Bourges Boulevard, Peterborough, PE1 2AU

  • Under offer
Retail
1,869.78 sq ft (173.71 sq m)

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

Mixed Investment sale in prominent busy area.

About this property

  • 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.

    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.

Local information

  • 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.

Available space

Namesq ftsq mAvailability
Ground912.7884.80Under Offer
1st - 1219A Flat494.1545.91Under Offer
1st - 1221A Flat462.8543Under Offer

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