Peterborough, PE2 9PE
Property Type | Investment / Other / Retail |
Tenure | For Sale |
Size | 940 to 6,401 sq ft |
Price | £950,000 |
Energy Performance Rating | Upon enquiry |
The property occupies a large site of c.0.23 acres with frontages to both Oundle Road and Jubilee Street. Fronting Oundle Road the property offers 3 distinct commercial units with ancillary accommodation above which has planning permission for residential use.
To the rear is a standalone commercial building accessed from Jubilee Street which also provides access to a generous rear car park of approximately 25 spaces.
The accommodation comprises the following areas:
Name | sq ft | sq m | Availability |
---|---|---|---|
Unit - 63-65 | 2,717 | 252.42 | Available |
Unit - 67 | 1,372 | 127.46 | Available |
Unit - 69 | 940 | 87.33 | Available |
Building - Rear Commercial Building | 1,372 | 127.46 | Available |
Total | 6,401 | 594.67 |
The buildings occupy a prominent position on both Oundle Road and Jubilee Street. Oundle Road is a busy retailing thoroughfare and connects at either end to Nene Parkway and London Road. Nearby occupiers include Tesco Express, Nisa Local, Lidl and Coral. Only a minutes walk to the West on Oundle Road is Guild House. Developers MJS have secured planning for a redevelopment of the building into 138 apartments which will dramatically improve the immediate location and provide footfall for the commercial units.
The location allows for easy access into Peterborough city centre and the train station, being only a 10 minute walk away and also provides accessto the amenity of the Nene River only a short walk away.
63-65 Oundle Road - The property benefits from planning permission dated 12/11/2024 to convert the upper floors and the part rear of the commercial unit to 4 x 1 bedroom apartments. Full information can be found at the planning portal under reference number - 24/01226/PRIOR. Floor plans are available within our dataroom upon request.
67 Oundle Road - The property benefits from planning permission dated 13/11/2024 to convert the upper floors and part ground floor to 2 x 1 bedroom apartments. Full information can be found at the planning portal under reference number - 24/01174/FUL. Floor plans are available within our dataroom upon request.
69 Oundle Road - The property benefits from planning permission dated 23/10/2024 to convert the building into 2 x 1 bedroom apartments. Full information can be found at the planning portal under reference number - 24/01183/PRIOR. Floor plans are available within our dataroom upon request.
Rear Commercial Building - The property benefits from planning permission dated 29/05/2024 to convert the building into 3 x 1 bedroom apartments. Full information can be found at the planning portal under reference number - 24/00452/FUL. Floor plans are available within our dataroom upon request.