Serviced office to let - Peterscourt, City Road, Peterborough, PE1 1SA

<strong>Description</strong><br>Peterscourt is a Grade II listed landmark, originally designed by Sir George Gilbert Scott and positioned prominently in the heart of Peterborough city centre. Set across three storeys, the building comprises a variety of workspace areas ranging from 73 sq ft to 1,439 sq ft. Peterborough City Council currently operate the premises a serviced office. The premises is undergoing a refurbishment programme which represents a significant reinvestment in the building, modernising the internal environment while preserving its historic fabric. The refurbishment aims to create a flexible, sustainable, and future proof workspace environment in which the council are seeking an operator for. Following the refurbishment the council have some wider objectives they hope to provide around providing support for small start-up enterprises, alongside enabling space for arts and culture organisations. Specifically we are expecting to increase skills and enterprise infrastructure by <br /> • Providing a continued occupancy rate of workspace 85%<br /> • Enabling the birth of new enterprises (23 within a 3 year)<br /> • Providing a count of active enterprises (32 over a 3 year period)<br /> Peterborough City Council are seeking expressions of interest for an operating model or lease arrangement for the delivery of serviced offices.<br><br><strong>Viewings</strong><br>Strictly by appointment with the sole agents.<br><br><strong>Terms</strong><br>Peterborough City Council are seeking an experienced service office operator to take a new lease / agreement on the property. Terms and structure to be agreed.<br><br><strong>EPC</strong><br>The property currently has an EPC rating of C, but will be reassessed upon completion of the refurbishment works.<br><br><strong>Service Charge</strong><br>Occupiers of the building have historically contributed towards a service charge in respect of common areas in the building.<br><br><strong>Plans</strong><br>Floor plans of the proposed layout are enclosed with this brochure.<br><br><strong>Anti-Money Laundering</strong><br>To comply with Anti-Money Laundering Regulations, proof of ID and address are required and confirmation of the source of funding will be required.<br><br><strong>Town Fund</strong><br>Peterborough City Council seeks an incoming operator to help deliver Towns Fund objectives by providing start‑up workspace to support business growth.<br><br><strong>Refurbishment</strong><br>Expected to include a refurbished reception, refurbished office spaces of various sizes, new co‑working areas, and mechanical and electrical upgrades.<br><br><strong>Business Rates</strong><br>To be reassessed upon refurbishment.<br><br>