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1-3 Market Pl
5,811 SF of Retail Space Available in Peterborough PE6 8EA
Highlights
- The premises comprises a ground floor retail space forming part of a 19th Century building constructed behind an attractive Lincolnshire stone faade.
- The property is situated in a prominent corner location of the town centre at the junction of Church Street and Market Place.
- The accommodation to the rear of the building is a modern single storey extension, providing retail space and storage.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 5,811 SF | Negotiable | $13.07 /SF/YR $1.09 /SF/MO $140.68 /m²/YR $11.72 /m²/MO $6,329 /MO $75,948 /YR | Fully Repairing & Insuring |
Ground
TERMS For sale freehold of vacant possession at guide price of £800,000 subject to contract. Alternatively the premises can be let on a full repairing and insuring lease at a rent of £60,000 per annum exclusive.
- Use Class: E
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Energy Performance Rating - C
- Demised WC facilities
- New lease available
- Available immediately
- Prominent Location
- Excellent On-Site Parking
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 1-3 Market Pl , Peterborough, CAM PE6 8EA
| Property Type | Retail | Year Built | 1895 |
| Property Subtype | Storefront | Parking Ratio | 2.32/1,000 SF |
| Gross Leasable Area | 6,884 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 6,884 SF |
| Year Built | 1895 |
| Parking Ratio | 2.32/1,000 SF |
About the Property
DESCRIPTION The premises comprises a ground floor retail space forming part of a 19th Century building constructed behind an attractive Lincolnshire stone faade. The accommodation to the rear of the building is a modern single storey extension, providing retail space and storage. The storage area benefits from a roller shutter loading door, office, staff room and WC. The sales area has suspended ceilings with inset and ceiling mounted LED lighting, carpeting and painted plastered walls. Externally, the property benefits from adjacent parking on-site to the rear. ACCOMMODATION The property has the following approximate floor areas measured in accordance with the RICS code of measuring practice on a net internal area basis: Ground Floor Retail - 539.84 sqm (5,811 sqft) Rear Storage - 99.72 Sq M (1,073 Sq Ft) Total Approximate Net Internal Floor Area - 639.56 sqm (6,884 sqft)
- Energy Performance Rating - C
-
Andrew Leech -
Richardson Surveyors
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1-3 Market Pl
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