101 High Street Somersham Cambridgeshire PE28 3EE

  • 101 High Street<br>Somersham<br>Cambridgeshire<br>PE28 3EE

101 High Street
Somersham
Cambridgeshire
PE28 3EE

Freehold Retail/Residential Investment

  • Entirely let to One Stop Community Stores Ltd plc (wholly owned by Tesco)until 2023
  • Adjacent to Rose & Crown public house
  • High Street location
  • Incorporates Post Office
  • Lot
    44
  • Auction
    27th May 2010
  • Rent
    £19,000 per Annum
  • Status
    Sold
  • Price
    £348,000
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    Mayfair
    London W1K 2HP
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Freehold Retail/Residential Investment

  • Entirely let to One Stop Community Stores Ltd plc (wholly owned by Tesco)until 2023
  • Adjacent to Rose & Crown public house
  • High Street location
  • Incorporates Post Office
  • Lot 44
  • Auction 27th May 2010
  • Rent £19,000 per Annum
  • Status Sold
  • Price £348,000
  • Sector
    High Street Retail
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    Mayfair
    London W1K 2HP

Property Information

Location
Estimated District Population
3,800
Miles
13 miles north of Cambridge
10 miles west of Ely
7 miles east of Huntingdon
Roads
A1(M), A14, A141, B1089
Rail
Huntingdon Rail
Situation

The property is situated on the north side of the High Street close to the junction with Park Hall Road.

Tenure

Freehold.

Location
Estimated District Population
3,800
Miles
13 miles north of Cambridge
10 miles west of Ely
7 miles east of Huntingdon
Roads
A1(M), A14, A141, B1089
Rail
Huntingdon Rail
Situation

The property is situated on the north side of the High Street close to the junction with Park Hall Road.

Tenure

Freehold.

Description

The property comprises a GROUND FLOOR CONVENIENCE STORE and SUB-POST OFFICE UNIT together with a SELF-CONTAINED MAISONETTE on the first and second floors. The ground floor shop unit has the benefit of rear access and a secure rear yard VAT VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a GROUND FLOOR CONVENIENCE STORE and SUB-POST OFFICE UNIT together with a SELF-CONTAINED MAISONETTE on the first and second floors. The ground floor shop unit has the benefit of rear access and a secure rear yard VAT VAT is not applicable to this lot.

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

Reviews
Ground Retail
Ancillary

131.70 sq m
26.20 sq m

(1,417 sq ft)
(282 sq ft)
ONE STOP COMMUNITY STORES LTD (1)
25 years from 21/12/1998
until 2023 on a full repairing
and insuring lease

£19,000

2013 and
5 yearly
First and Second Maisonette
4 Rooms and Kitchen

Total Commercial Floor Area

157.90 sq m

(1,699 sq ft)
     

(1) One Stop Community Stores Ltd is wholly owned by Tesco plc. One Stop is a retail convenience store business with over 500 outlets nationwide. (www.onestop.co.uk)

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Associate Auctioneers
Singer Vielle
Jon Skerry 07736 300 594jon@singervielle.co.uk
Seller's Solicitors
Banahan Tennant Partnership Ltd Hawkins Hutton Building, Castle Court, 2 Castlegate Way
Dudley
WEST MIDLANDS
DY1 4RH
+44(0)1384 456908
Mike Banahan +44(0)1384 253288mbanahan@btplaw.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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