Minster Precincts, Peterborough PE1

Minster Precincts, Peterborough PE1

Freehold | 0.51 acres (0.206 hectares)

Price on Application
Narrow Drove 2.8 miles
Narrow Drove 2.9 miles
Three Horseshoes 3.1 miles

LAND AND PREMISES FOR SALE FREEHOLD WITH VACANT POSSESSION
Site within the Cathedral Precinct extending to approximately 0.51 acres (0.21ha)
Existing building extending to approximately 2,130ft2
A unique opportunity to be part of the Cathedral Precinct

THE OPPORTUNITY
The site offers a unique opportunity to be part of the iconic Peterborough Cathedral Precinct, sites only become available infrequently.
The land and premises are being offered for sale freehold with the benefit of vacant possession.
The existing buildings and land are considered suitable for a number of uses subject to the receipt of an appropriate planning consent.

THE SITE
The site extends in total to approximately 0.21 hectares (0.51 acres).
The site comprises a walled garden surrounding an existing building of circa 190 sqm (2,130 sq ft). The existing building is of concrete block construction with a pitched tiled roof, the building was initially designed as a five bedroomed house and the current use is as a drop-in centre.
There are a number of mature trees and shrubs within the garden

LOCATION
The site forms part of the Minster Precinct with a wealth of historic buildings centred around the stunning cathedral, accessed off Wheel Yard.
The precinct is in a prime central area of Peterborough with easy access to a wide range of shopping and recreational facilities and only five minutes’ walk from the mainline railway station.

PLANNING
A temporary planning consent was granted for The Light Project Peterborough on the 12 December 2018 for a two year period.
The planning permission was for ‘change of use from C4 (HMO) to D1 use (nonresidential institution) at ground floor and B1 (office) and C3 (residential – caretaker’s accommodation) at first floor (retrospective)’.
The site falls within the Registered Parks and Gardens and Conservation area.
The current owners have had informal discussions with the local planning authority who indicated that a wide range of uses would be considered either retaining the existing building or, alternatively following its demolition for a development opportunity.

SALE
The site is being offered for sale freehold and unconditional bids are being sought by Private Treaty.

TENURE
The site is being offered for sale freehold.
There is an existing excluded lease held by The Light Project Peterborough until 31 March 2020.

ENERGY PERFORMANCE CERTIFICATE
The Property has an Energy Efficiency rating of 58 (Band D).

ANTI MONEY LAUNDERING
Appropriate AML checks are required to be made of the purchaser once terms are agreed.

VAT
The site has not been elected for VAT and therefore, will not be charged on the sale.

ADDITIONAL INFORMATION
A microsite has been created and a link can be obtained from the selling agents. The microsite includes:-
• Garden House lease;
• Temporary planning consent;
• Floor plans;
• Energy Performance Certificate;
• Asbestos survey;
• Land Registry view;
• Title Plan view

FURTHER INFORMATION
Should you require any further information, please contact either:
Nick Muncey on 01223 326817. Alternatively, you can email nick.muncey@carterjonas.co.uk
or
Charles Harris on 01223 346596. Or alternatively, you can email; charles.harris@carterjonas.co.uk

The next steps...

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.
 
To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.
 
Some advantages of a broker are:

  • They do all the legwork for you, working on your behalf with the lender
  • They compare wholesale mortgage rates from a large number of banks and lenders all at once
  • Wholesale interest rates can be lower than retail (bank branch) interest rates
  • You get more loan options because they work with numerous banks and lenders
  • Brokers can finance tricky deals because of their knowledge and various lending partners
  • Are typically easier to get in contact with, less bureaucratic.

However with your bank maybe able to:

  • Build off existing relationship (discounts if you have a checking/saving account)
  • You may already know the banker who will handle your mortgage
  • Perhaps more trustworthy, more accountable than a smaller shop
  • Lower interest rates in some cases
  • Ability to add mortgage to existing banking profile and make automatic payments from linked account.

When it comes to making an offer on a property a bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.


We want to make the offer process as simple as possible and by registering with an account with Carter Jonas today, you can make offers on any of our properties online and at your convenience. Just register with us online and click the 'make an offer' button on any of our properties.

 

If you have a property to sell, why not see how we can help you. Did you know we can offer all our residential clients a login that will allow them to track their property sale online.

Our offices are also open longer during the week and weekends and we can take calls from potential buyers 24 hours a day 365 days a year.

We can even take the stress out of managing your rental, our award winning lettings team offer a service that can be tailored to your needs.

Combined with over 150 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how
Carter Jonas can help you make your next move.

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Don't forget to use our innovative and unique property wizard to help you find properties you would may not have initially considered, and remember that by registering an account you can make an offer online on your dream home 24/7.

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Viewing a house or flat can be an exciting time, but remember to register with you local office of Carter Jonas first.

This could give you access to confidential sales (properties we are requested not to advertise) which you will never see online.

It's also worth registering with us online, here you can setup email alerts which will be sent daily, updating you on the latest properties that match your requirements.
 
When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Key Property Details
Era
Period
Parking available
Off Street Parking
Locality
Town/City
Property type
Detached House Land Development Plot
Tenure
Freehold
Total land
0.51 acres (0.206 hectares)
Carter Jonas reference
PDE200007
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