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69 Oundle Rd 940 SF Retail Building Peterborough PE2 9PB $398,738 CAD ($424.19 CAD/SF)
INVESTMENT HIGHLIGHTS
- Freehold development properties.
- Vacant posession.
- This unit may also benefit from a commercial unit on the ground floor.
- Close occupiers include Tesco Express, Nisa Local, Lidl and Coral.
- No. 67 & No. 69 are available individually or together.
- Existing planning consent for residential developments.
- Private car park at rear.
EXECUTIVE SUMMARY
Unit 69 occupies 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 are well advanced in the 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.
FOR SALE: Mixed use property with planning consent for 2 apartments, with private car parking to the rear The adjoining property forms part of a terrace of buildings on the Northern side of Oundle Road. 69 Oundle Road currently comprises a ground floor commercial unit and a flat on the first floor. The commercial unit was previously a takeaway, benefitting from extract ductinng. The property benefits from existing utility services and 3 car parking spaces in the rear car park which is accessed from Jubilee Street.
Freehold development properties No. 67 & No. 69 are available individually or together Vacant posession Existing planning consent for residential developments This unit may also benefit from a commercial unit on the ground floor Private car park at rear Close occupiers include Tesco Express, Nisa Local, Lidl and Coral.
FOR SALE: Mixed use property with planning consent for 2 apartments, with private car parking to the rear The adjoining property forms part of a terrace of buildings on the Northern side of Oundle Road. 69 Oundle Road currently comprises a ground floor commercial unit and a flat on the first floor. The commercial unit was previously a takeaway, benefitting from extract ductinng. The property benefits from existing utility services and 3 car parking spaces in the rear car park which is accessed from Jubilee Street.
Freehold development properties No. 67 & No. 69 are available individually or together Vacant posession Existing planning consent for residential developments This unit may also benefit from a commercial unit on the ground floor Private car park at rear Close occupiers include Tesco Express, Nisa Local, Lidl and Coral.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront
Building Size
940 SF
Year Built
1947
Price
$398,738 CAD
Price Per SF
$424.19 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.72
Lot Size
0.03 AC
Frontage
13’ on Oundle Rd
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Happ Na Na Cafe
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Happ Na Na Cafe | - | - | - | - |
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NEARBY MAJOR RETAILERS
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69 Oundle Rd
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