‘Excellent value for money’
AN industrial/warehouse property of more than 11,000sq ft in the Orton Southgate area of Peterborough has been described as providing “excellent value for money” by commercial property agent Barker Storey Matthews.
The unit in Holkham Road, which has good office content, is for sale for £425,000, a price which has been reduced by £50,000.
In addition, according to Richard Jones, director at Barker Storey Matthews, “the client may be prepared to lease part of the offices if all the offices are not required.” Land with development potential is also available.
The premises comprise an end terraced unit with two-storey offices to the front and a first-floor office projecting into the warehouse.
At the side of the warehouse is an area of land – currently grassed – which may be suitable for external storage or further development subject to landlord’s and planning con- sent.
A brick-built compound is at the front of the property. There is ample customer and staff car parking in the common area car parks.
The accommodation consists of 71.40sq m (769sq ft) of groundfloor offices, 226.12sq m (2,434sq ft) of first-floor offices and 776.39sq m (8,357sq ft) of warehousing space.
The warehouse, which is accessed via a sectional up and over door, has a painted floor and lighting.
Part of the offices have a plastered ceiling and surface mounted Category II lighting, gas radiator central heating and part suspended ceiling with recessed Category II lighting and air conditioning with threecompartment trunking.
The premises are held on a 999-year ground lease from December 25, 19994 at a ground rent of £100 per annum.
For more information, and arrangements to view, call Barker Storey Matthews on 01733 897722.
OPTIONS: The client may be prepared to lease part of the offices at Holkham Road if all the offices are not required.