Muse House, Newark Road Peterborough Cambridgeshire PE1 5YD

Muse House, Newark Road
Peterborough
Cambridgeshire
PE1 5YD

Freehold Warehouse and Office Investment

Includes Modern Office Building with Warehouse and Secure Car Park / Yard.
Approximate Site Area of 0.20 Ha (0.49 Acres) and 16% site coverage.
Sitauted on an Established Industrial Estate
Neighbouring Occupiers include Perkins Engines, DFS - CDC Peterborough, Barrys Clearance Cash and Carry, Motorpoint, Euro Car Parts, Lodge Tyre and GSF Car Parts

Lot
20
Auction
15th May 2025
Rent
£78,732 per Annum Exclusive
Status
Available
Guide*
£450,000 - £500,000
Auction Venue
Live Streamed Auction
On Behalf of Receivers
Octopus Bridging Loan for Buyers

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Freehold Warehouse and Office Investment

Includes Modern Office Building with Warehouse and Secure Car Park / Yard.
Approximate Site Area of 0.20 Ha (0.49 Acres) and 16% site coverage.
Sitauted on an Established Industrial Estate
Neighbouring Occupiers include Perkins Engines, DFS - CDC Peterborough, Barrys Clearance Cash and Carry, Motorpoint, Euro Car Parts, Lodge Tyre and GSF Car Parts

Lot 20
Auction 15th May 2025
Rent £78,732 per Annum Exclusive
Status Available
Guide* £450,000 - £500,000
Sector
Office, Warehouse
Auction Venue
Live Streamed Auction
On Behalf of Receivers

Property Information

Location

Miles: 36 miles north of Cambridge, 44 miles east of Leicester, 80 miles north of Central London
Roads: A1139, A1(M) Junction 17
Rail: Peterborough Rail Station, direct to London King’s Cross in approximately 50 minutes
Air: London Stansted Airport

Situation

The property is situated on the east side of Newark Road in the heart of a busy well established industrial estate, just 1.5 miles north east of the city centre. Neighbouring Occupiers include Perkins Engines, DFS - CDC Peterborough, Barrys Clearance Cash and Carry, Motorpoint, Euro Car Parts, Lodge Tyre and GSF Car Parts

Tenure

Freehold.

Location

Miles: 36 miles north of Cambridge, 44 miles east of Leicester, 80 miles north of Central London
Roads: A1139, A1(M) Junction 17
Rail: Peterborough Rail Station, direct to London King’s Cross in approximately 50 minutes
Air: London Stansted Airport

Situation

Tenure

Freehold.

Description

The property comprises a regular and level site of approximately 0.20 Ha (0.49 Acres) upon which is built a and modern 2 storey office building, fronting Newark Road and an Industrial building to the rear of the site. The office benefits from air conditioning.

The industrial building benefits from an Eaves Height of approximately 5m (16 ft) and a vehicle access loading door and a full mezzanine floor.. The site has a secure yard area bound by steel palisade fencing.

Note

This property is being marketed for sale on behalf of Receivers and therefore no warranties, representations or guarantees are given or will be given by the Receivers or the Auctioneers in respect of the information in these particulars or any matter relating to the property, including VAT. Any information provided is provided without liability on the part of the Receivers and Auctioneers for any reliance placed on it. The Receivers are acting without personal liability and are not bound to accept the highest or any offer.

EPC

See Legal Pack.

Description

Note

EPC

See Legal Pack.

Tenancy & Accommodation

Building	Floor	Use	Floor Areas Approx sq m	Floor Area Approx sq ft	Tenant	Term	Rent (pax)	Rent Review
Muse House	Ground	Office	-	-	CESL	5 years	-	-
Muse House	Ground	Office	-	-	ROCKET VEHICLE GROUP LIMITED (CRN: 13716702)	15 years from 06/05/2024	£18,000	06/11/2031
Muse House	Ground	Office	-	-	MARY'S CHILD CHARITY (CRN: CE020196)	1 month rolling from 07/08/2024	-	-
Muse House	Ground	Office	-	-	VENTZY LIMITED (CRN: 15211118)	5 years from 01/04/2024	£4,320	01/10/2026
Muse House - Total Ground floor Gross Internal Area			154.15	(1,659)			-	-
Muse House Warehouse Warehouse Yard	First Ground Mezzanine	Office Storage Storage	115.40 139.46 123.46	(1,242) (1,501) (1,329)	KONNEXA LIMITED (CRN: 14955935)	15 years from 24/03/2024	£56,412	-
Total Approximate Gross Internal Floor Area			532.47	(5,731)			£78.732

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.