Commercial Property for sale

Market Street, Wisbech

Sold STC £135,000

Property Description

Full description

Tenure: Freehold

LOCATION
The property is located on Market Street, just off the Market Place in the Georgian market town of Wisbech. Locally known as The Capital of the Fens, Wisbech has a population of around 20,000 and is a market town of great character and historical importance.
Wisbech lies approximately 23 miles from Peterborough, 39 miles from Cambridge and 55 miles from Norwich. The A47 Trunk Road between Norwich and Leicester passes around the southern and eastern side of Wisbech.
The central business area of Wisbech comprises the High Street and the Market Place with a blend of local and national retailers including 99p Stores and WH Smith together with the Horsefair shopping centre comprising national retailers such as The Co-Op, Argos, Boots, Greggs and Car Phone Warehouse.
The property is located on Market Street which feeds off Market Place directly opposite the entrance to the Horsefair shopping centre. Markets take place on Thursday and Saturday every week in the Market Place.

DESCRIPTION
A Grade II Ground Floor Retail Unit currently let out and used as a Café with two separate Bedsit living accommodation on the first and second floors. To the rear of the property is a yard area with covered bike shed.

ACCOMMODATION
GROUND FLOOR
Café Area: 4.9m x 4.3m
Kitchen: 2.9m x 3m
There is a WC on the half landing between the ground and first floor for the Café.

FIRST FLOOR
Bedsit: 4.8m x 4.3m

SECOND FLOOR
Bedsit: 5.2m x 4.3m
Kitchen: 3.1m x 2.9m

There is a shared bathroom on the first floor with 2 WCs, sink and shower.

BASEMENT
Store 1: 2.1m x 2.0m (at height above 1.5m)
Store 2: 4.3m x 5m
Kitchen Prep Area: 2.4m x 2.6m
Utility Room 1.7m x 1.5n

AMENITIES
.

SERVICES
It is understood that the property is connected to mains water, drainage, gas and electricity. The property also benefits from burglar and fire alarm systems.

TERMS
The property is For Sale by Private Treaty.

The Ground Floor and Basement is currently Let on a business tenancy expiring in September 2018 with a passing rent of £160pw.

The First and Second Floor Bedsit is currently Let on an Assured Shorthold Tenancy Agreement. First Floor passing rent: £80 per week, Second Floor: £100 per week. Landlord responsible for all bills except council tax.

OUTGOINGS
Rateable Value (2010 List): £3,250
The property is eligible for Small Business Rate Relief until 31st March 2016. Interested parties are advised however to make their own enquiries with Fenland District Council, County Road, March, Cambridgeshire PE15 8NQ Tel: 01354 654321 as to the current rates liability.

First & Second Floors Council Tax Band: A

LEGAL COSTS
Each party to be responsible for their own legal costs incurred in the transaction.

PLANNING
The current use of the Ground Floor and Basement of the property falls within Use Class A3 (Restaurants & Cafes) as defined by the Town & Country (Use Classes) (Amendment) (England) Order 2015.

The current use of the First & Second Floors is longstanding and believed lawful and would fall within C3 (Dwellinghouses) as defined by the Town & Country (Use Classes) (Amendment) (England) Order 2015.

VIEWING
Strictly by appointment with Maxey Grounds & Co.


More information from this agent

Nearest station

  • March (7.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Maxey Grounds & Co LLP, Wisbech

1-3 South Brink Wisbech PE13 1JA

01945 757007 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • March (7.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Maxey Grounds & Co LLP, Wisbech

1-3 South Brink Wisbech PE13 1JA

01945 757007 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100277004471. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Maxey Grounds & Co LLP, Wisbech. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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