Freehold Retail Investment and Vacant Upper Floors
Pedestrianised prominent town centre location
Fronts Market Place, adjacent to Coral
Shop with self-contained upper floors (1)
Close to entrance of Horsefair Shopping Centre
Lot 56
Auction 24th May 2018
Rent £8,000 per Annum Exclusive
Status Sold
Price £125,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Behalf of Mapeley
Property Information
Location
Miles
14 miles south-west of King’s Lynn, 22 miles north-east of Peterborough, 35 miles north of Cambridge
Roads
A47, A1101, B1169
Rail
Wisbech Railway Station
Air
Norwich Airport
Situation
Wisbech, an attractive Fen market town, is located 35 miles north of Cambridge, 22 miles east of Peterborough and 14 miles south of King’s Lynn. The property is located in the heart of the town centre on Market Place, close to its junction with Little Church Street and near to The Horsefair Shopping Centre. Occupiers close by include Coral (adjacent), Santander, WH Smith, H Samuel, William Hill, Hughes, Specsavers and Costa.
Tenure
Freehold.
Location
Miles
14 miles south-west of King’s Lynn, 22 miles north-east of Peterborough, 35 miles north of Cambridge
Roads
A47, A1101, B1169
Rail
Wisbech Railway Station
Air
Norwich Airport
Situation
Wisbech, an attractive Fen market town, is located 35 miles north of Cambridge, 22 miles east of Peterborough and 14 miles south of King’s Lynn. The property is located in the heart of the town centre on Market Place, close to its junction with Little Church Street and near to The Horsefair Shopping Centre. Occupiers close by include Coral (adjacent), Santander, WH Smith, H Samuel, William Hill, Hughes, Specsavers and Costa.
Tenure
Freehold.
Description
This Grade ll listed property comprises a ground floor shop with basement ancillary accommodation. The first and second floor former offices are self-contained from Market Mews to the rear of the property.
VAT
VAT is applicable to this lot.
Planning
(1) Consent was granted 9th January 2015 for the change of use of the first and second floors to form 1 x one bedroom and 1 x two bedroom flats. Ref F/YR15/0031/LB (Source : www.fenland.gov.uk/planning).
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
This Grade ll listed property comprises a ground floor shop with basement ancillary accommodation. The first and second floor former offices are self-contained from Market Mews to the rear of the property.
VAT
VAT is applicable to this lot.
Planning
(1) Consent was granted 9th January 2015 for the change of use of the first and second floors to form 1 x one bedroom and 1 x two bedroom flats. Ref F/YR15/0031/LB (Source : www.fenland.gov.uk/planning).
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground Basement
Retail
63 sq m 53 sq m
(678 sq ft) (571 sq ft)
888 VAPOUR LIMITED t/a electronic cigarettes & e liquids (2)
