46 Market Place
Wisbech
Cambridgeshire
PE13 1DP

Freehold Retail & Residential Investment

  • Pedestrianised prominent town centre location
  • Fronts Market Place, adjacent to Coral
  • Shop with 2 self-contained flats
  • Close to entrance of Horsefair Shopping Centre & 400 car parking spaces
  • Lot
    50
  • Auction
    16/Jun/2021
  • Rent
    £23,500 per Annum Exclusive
  • Status
    Available
  • Price*
    £220,000 - £230,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Update
  • 46 Market Place<br>Wisbech<br>Cambridgeshire<br>PE13 1DP
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* More information on the term "price" can be found here

Property Information

Location
Miles
14 miles south-west of Kings 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 Kings 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. Retailers in the Shopping centre include Boots, Holland & Barrett, Greggs Heron Foods & Superdrug. Occupiers close by include Coral (adjacent), WH Smith, William Hill, Hughes, Specsavers, Savers, Nationwide, Halifax and Costa.

Tenure

Freehold.

Description

This Grade ll listed property comprises a ground floor shop with basement ancillary accommodation. The first and second floors comprise 2 self contained flats (1x1 bed & 1x2 bed) accessed from Market Mews to the rear of the property.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

See legal pack at www.acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
TenantTermRent p.a.x(Reversion)
Ground
Basement
Retail
Ancillary
55 sq m
53 sq m
(592 sq ft)
(571 sq ft)
Sunlounger Travel
(Wisbech) Limited
5 years from
29/11/2019
£10,00028/11/2024
FirstResidential
1 bed flat
INDIVIDUALAST£6,300Holding Over
SecondResidential
2 bed flat
INDIVIDUALAST£7,200Holding Over

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    27.05.21
    File Size
    14 MB
    Login to View
  • Catalogue Page
    Updated Date
    27.05.21
    File Size
    1,019 KB
    View PDF
  • Site Plan
    Updated Date
    27.05.21
    File Size
    806 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    07.10.20
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859alexander.auterac@acuitus.co.uk
Seller's Solicitors
Eversleys Percy House363 Liverpool Road
London
N1 1NL
Stuart Appleman 020 7607 0001stuartappleman@eversleys.co.uk

Useful Links

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