Peterborough is a major regional city with a residential population of over 186,000. It is the UK’s second fastest growing city outside of London with the resident population expected to grow to above 200,000 by 2021. The city centre has recently been improved with new paving, street furniture and planters on Bridge Street, Cathedral Square, Long Causeway and a new feature fountain in Cathedral Square which has become the focus, transforming the central retail area into a vibrant and attractive place with many new restaurants using the space for “alfresco” dining. The property is situated on Bridge Street close to the entrance to the Rivergate Shopping Centre.
The property comprises well-presented retail accommodation arranged over ground, first and second floors.
There is potential to convert the upper floors to residential, subject to the grant of the necessary consents.
Two car parking spaces are allocated to the rear of the property.
The premises have been measured in accordance with the RICS code of measuring practice on a net internal floor area basis.
Ground Floor 41.79 Sq M (449.8 Sq Ft)
First Floor 29.50 Sq M (317.5 Sq Ft)
Second Floor 35.62 Sq M (383.4 Sq Ft)
Total Net Internal Floor Area 106.9 Sq M 1,115 Sq Ft)
We understand that mains electricity, gas, water and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Richardson and prospective purchasers must rely on their own investigations as to their existence and condition.
From enquiries made of the Valuation Office website, we understand that the following rating assessment applies:-
Interested parties should however rely on their own enquiries as to the amount of rates payable.
The property is for sale freehold with full vacant possession
Each party to bear their own legal costs incurred in the transaction
For an appointment to view or further information please contact -
Andrew Leech t:01780 758007 e:firstname.lastname@example.org
Callum Dickinson t:01780 758005 e:email@example.com