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Bury St Edmunds Cambridge Huntingdon Peterborough Voted by the Estates Gazette Most active agent in the East of England 2014, 2015, 2016’ 23 Long Causeway Peterborough, PE1 1YJ Prime City centre location Opposite Queensgate Consent for A3 or A1 use Available on new lease Two level trading Air conditioned Rent on Application Sales - 3,447 sq ft (320.22 sq m) A1/ A3 RETAIL UNIT TO LET 01733 897722

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Page 1: A1/ A3 RETAIL UNIT TO LETbulkloader.prd.pl.artirix.com.s3.amazonaws.com/04074e66-fac3-468… · surrounding area has become increasingly popular with food and beverage operators

 

 

  Bury St Edmunds ● Cambridge ● Huntingdon ● Peterborough

‘Voted by the Estates Gazette Most active agent in the East of England 2014, 2015, 2016’

23 Long Causeway Peterborough, PE1 1YJ

Prime City centre location

Opposite Queensgate

Consent for A3 or A1 use

Available on new lease

Two level trading

Air conditioned

Rent on Application Sales - 3,447 sq ft (320.22 sq m)

A1/ A3 RETAIL UNIT TO LET

01733 897722

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LOCATION Peterborough is a major regional City with a population of 186,000 people and a catchment in excess of 600,000 within 25 miles. Home to a richly multicultural society, it is one of the fastest growing City’s in the UK. Significant investment in the City centre street scene has transformed Cathedral Square, Long Causeway, Bridge Street and Church Street into a vibrant and attractive place for shoppers, residents and businesses alike. Major new retailers have been attracted to the City as a result, and the immediately surrounding area has become increasingly popular with food and beverage operators. New entrants include Turtle Bay, Wagamama, Cote, Argo Lounge and the soon to open outlets for Middletons Steakhouse & Grill and Pizza Pot and Pint (Charles Wells) who join existing operators such as Wildwood, Prezzo, Pizza Express, Chimichanga and Nando’s. But it is not all about nationals. The City has a strong independent retailer base, with over 45% of all retail outlets in the City Centre being run by local operators. Micro-pubs and bars have come to the fore, with the likes of The Stoneworks, The Bumble Inn and Puzzles all opening in the central area, and more to come. The property is located in a prime position on Long Causeway, opposite the Queensgate Shopping Centre, and adjacent to Tony & Guy. Other multiple operators in the immediate vicinity include Metro Bank (opening soon), Boots, Sports Direct, Pret, Burger King, Caffe Nero and Starbucks, amongst others.

DESCRIPTION The property comprises a self contained shop arranged over ground, first and second floors. The ground and first floors both provide large open plan sales areas, with a glass feature staircase linking the two. The second floor provides ancillary stock and staff facilities. The property has been fitted out to a reasonable standard by the previous occupier including suspended ceiling with LED lighting, Air Conditioning and tiled flooring.

USE The building has consent for uses within Class A1 or A3 (Restaurant).

FLOOR AREAS Ground floor sales: 169.26 sq m (1,822 sq ft) Ground floor store: 19.88 sq m ( 214 sq ft) First floor sales: 150.96 sq m (1,625 sq ft) First floor staff: 10.22 sq m ( 110 sq ft) Second floor store: 148.08 sq m (1,594 sq ft) Total NIA: 498.40 sq m (5,365 sq ft) All measurements are approximate.

SERVICES Mains electricity, gas, water and drainage are believed to be connected to the property. Interested parties are however advised to make their own enquiries of the relevant service providers. No warranty can be given in respect of the condition or working order of services, fixtures and fittings.

BUSINESS RATES The property has a Rateable Value (2017 List) of £54,000. Rates at this level are normally payable at 47.9 Pence in the Pound on the Rateable Value however interested parties are encouraged to verify the figure payable since the property may be affected by Transitional Relief arrangements.

LEGAL COSTS Each party is responsible for their own legal costs.

EPC This property has an EPC within Band D (77) A copy of the EPC is available on our website.

RENT Upon application from the letting agents.

VAT We understand that VAT is payable on the rent.

VIEWING Strictly by appointment with the sole agents:-

Barker Storey Matthews 37 Priestgate, Peterborough

PE1 1JL Contact: Julian Welch

[email protected] (01733) 897722 4S192 170721

Note: Barker Storey Matthews is the trading name of BSMH Ltd. Reg No. 2566342. These particulars do not constitute or form any part of an offer or contract nor may they be regarded as representations. All interested parties must themselves verify their accuracy. All measurements are approximate. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. NIA Refers to Net Internal Area. Where appropriate or stated IPMS 3 relates to the International Property Measurement Standards 1st Edition. A definition can be found at: www.ipmsc.org/standards/office

Bury St Edmunds ● Cambridge ● Huntingdon ● Peterborough

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ORDNANCE SURVEY PLAN

THIS PLAN IS REPRODUCED FROM THE ORDNANCE SURVEY MAP WITH THE PERMISSION OF THE CONTROLLER OF HER MAJESTY’S STATIONERY OFFICE, © CROWN COPYRIGHT RESERVED.

THIS PLAN IS PUBLISHED FOR IDENTIFICATION PURPOSES ONLY AND ALTHOUGH BELIEVED TO BE CORRECT, ITS ACCURACY IS NOT GUARANTEED AND IT DOES NOT FORM PART OF ANY CONTRACT. LICENCE NO. 100003928