4-7 Falcon Road, 4-7 Falcon Road, Wisbech

Guide price

£195,000

Size

3,616

Tenure

Freehold

EPC

Parking

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Primary use
Traditional office
Capacity
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Desks
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No floor / site plan

Key features

  • Mixed-Use investment opportunity totalling 3,616 sq ft
  • Residential tenant holding over (same tenant as retail)
  • Reversionary potential in retail component in September 2027
  • Investment Let at £32,000 per annum (16.41% GIY on Guide Price)
  • Freehold
  • Retail comprises 3 co-terminus leases to the same tenant
  • VAT-free investment opportunity
  • Potential to add massing subject to the requisite consents

Description

The property comprises a high-yielding supermarket investment occupying a prominent position.

The retail component is arranged over ground floor only and comprises a total of 2,627 sq ft across three units. Each unit is let on an individual lease, with rent reviews due in September 2028.

The upper-parts comprise a single flat accessed via the side return to the north of the property.

The property occupies a prominent position on Falcon Road in Wisbech, within a mixed residential and commercial area and close to various local shops and services, including Horsefair Shopping Centre.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Business for sale
No
Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

4-7 Falcon Road, 4-7 Falcon Road, Wisbech

NEAREST STATIONS

National Rail

March Station

7.85 miles

About Savills National , Savills Auctions- Commercial

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Disclaimer - Property reference 9C5BFD76-553C-4E1C-93D5-8EBB0073ACCB. 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 Savills National , Savills Auctions- Commercial. 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.