2 Dec 2020 | 02:00 PM
Result:
Sold for £380,000
Freehold
Unit 2, Bakewell Road, Accent Park, Orton Southgate, Peterborough, PE2 6XS
Lot 6
Result: Sold for £380,000
Key Features
- Fantastic commercial investment opportunity
- Multiple parking spaces
- Currently let to strong covenant at £34,500 pa following recent increase
- Freehold 2 Storey detached office block
Description
An excellent opportunity to purchase a detached 2 storey office building in good order and well maintained by the current tenant. The brick building has a pitched tiled roof and benefits from gas fired central heating, along with air conditioning.
The flexible accommodation has a mix of open plan areas and private spaces, and can be summarised as:
Ground Floor: Entrance foyer with tiled floor; Cloakroom with white wc, wash hand basin; Kitchen with a range of MDF base and wall units, stainless steel sink; Storeroom; Large open plan office area with suspended ceiling, radiator, air conditioning unit and fire escape; Private Meeting room with suspended ceiling and radiator.
First Floor: Galleried Landing gives access to; Gents cloakroon with wc, urinal and 2 wash hand basins; Ladies cloakroom with white wc and wash hand basin; Open Plan Office Area with dual aspect windows, air conditioning unit and fire escape.
Ground Floor office area 1,466 ft² plus kitchen 54 ft²
First Floor office area 1,457 ft²
Total 2,977 ft²
Outside: The property benefits from multiple parking spaces that surround 2 sides of the building.
Tenure
Freehold subject to tenancy
Location
The building is located in the strategic area of Orton Southgate, around 6 miles from Peterborough city centre and accessed off junction 17 of the A1M, thereby providing fantastic transport links. The property is situated in one of the City's main business districts, featuring a variety of local and national companies.
VAT
VAT is payable on the purchase price.
Lot Type
Commercial
Tenancies
The property is currently fully let to Trisoft Ltd, a strong covenant, at a recently increased rental of £34,500 per annum exclusive. The current term extends until 27th September 2022, thereby presenting a fantastic investment opportunity. See legal pack for details.
Legal Packs
www.cheffins.co.uk/auctions/property-auctions or Nicola Kilby at Knights, 34 Pocklingtons Walk, Leicester, LE1 6BU
Viewing
Cheffins Property Auction Dept 01223 213777
Important notes
IMPORTANT: Cheffins would like to inform prospective purchasers that these sales particulars have been prepared as a general guide only. A detailed survey has not been carried out, nor the services, appliances or fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. If floor plans are included, they are for guidance and illustration purposes only and may not be to scale. Images may have been digitally edited for illustration purposes. If there are any important matters likely to affect your decision to buy, please contact us before viewing the property.
*Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.
Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.