Bury St Edmunds ● Cambridge ● Huntingdon ● Peterborough

Voted by the Estates Gazette ‘Most Active Regional Agent in Cambridgeshire 2012, 2013, 2014, 2015’

Unit 2C Earlham House, New Road, Peterborough PE1 1TT

D2 Leisure consent

Suitable for a number of uses subject to relevant permissions being obtained

Located within established leisure pitch

Adjacent Halo and very near Jimmy Spice, Travelodge and major office occupiers

Rent on application Size: 279.82 sq m (3,012 sq ft)

FORMER NIGHTCLUB TO LET

Peterborough City Centre

01733 897722

LOCATION The premises are situated on the west side of New Road close to its junction with Northminster.

The location is towards the northern end of the city centre retailing pitch but within the prime leisure area.

Nearby leisure occupiers include Jimmy Spice, Solstice / Radius Bar and Halo Bar. Close by in Broadway, occupiers include Edwards, O'Neill's, Yates Wine Bar and The College Arms (Weatherspoon's), amongst others. Travelodge is located immediately opposite.

The city centre market and a multi storey car park are located to the south side of Northminster.

In addition there are substantial office occupiers in the immediate vicinity with over 500,000 sq ft of offices within a 2 minute walk of the site.

DESCRIPTION The property comprises a former bar / club premises arranged over ground floor only. The property is in need of full internal refurbishment however provides a large open plan bar / club area, former disabled, male and female WC’s and former cellar / bottle store. There is an external smoking area to the front of the property.

FLOOR AREAS Total GIA: 279.82 sq m (3,012 sq ft)

All measurements above are approximate.

SERVICES Mains electricity gas and water are available to the premises. 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.

SERVICE CHARGE A service charge is levied for the upkeep and maintenance of the communal areas of the property. Further details on request.

BUSINESS RATES We understand from internet enquiries made from the VOA website that the property has a rateable value of £37,250 (2010 List).

For the year commencing 1 April 2016 rates will normally be charged at 49.7p in the pound. However the amount may be affected by adjustments or reliefs and could be higher or lower - interested parties are advised to check with Peterborough City Council.

From April 2017 small businesses that qualify for small business rates relief and which occupy property with a rateable value of £12,000 or less will pay no business rates. Previously this relief was only available for rateable values of £6,000 or less. There will be a tapered rate of relief on properties with a rateable value between £12,000 and £15,000, with full business rates being payable on properties with a rateable value of more than £15,000’.

RENT

The property is available on a new sublease. Rent on application from the agents.

PLANNING It is our understanding that the property currently has planning consent for leisure use under class D2 of the Town and Country Planning (Use Classes) Order 1987. The property would however be suitable for a variety of other uses, subject to planning consent. Interested parties are however advised to make their own enquiries of Peterborough City Council. VAT We understand that VAT will be charged on the rent.

LEGAL COSTS Each party is to be responsible for their own legal fees.

VIEWING Strictly by appointment with the sole agents:-

Barker Storey Matthews

37 Priestgate, Peterborough PE1 1JL Contact:

Julian Welch/Cameron Park

jw@bsm.uk.com/cp@bsm.uk.com

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

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