wisbech@maxeygrounds.co.uk
01945 583123 Commercial Price £65,000
Ref: S1205
16 Market Street, Wisbech, Cambridgeshire, PE13 1EX
Commercial Property For Sale Long Leasehold Prominent Retail location EPC Rating D Invest ment Opportunity.
O ffic es als o at Chatteris and March www.maxeygrounds.co.uk
01945 583123 Commercial
LOCATION is subject to an existing lease which commenced on 1st June 2016. T he property is located on the eastern s ide of Market Street, jus t off T he current rent passing is £628pcm. the Market Place in the Georgian market town of Wisbech. Locally
known as The Capital of the Fens, Wisbech has a population of RATES around 20,000 and is a market town of great character and Rateable Value (2010 List): £4 ,700 his toric al importance. U niform Business Rates 2015 /16 : £2 ,256 Wisbech lies approximately 23 miles from Peterborough, 39 miles NB The property may be eligible for Small Business Rates Relief from C ambridge and 55 miles from Norwich. The A47 Trunk Road dependent upon the occupier's circumstances. Due to Transitional between Norwich and Leicester passes around the southern and Relief Provisions and Small Bus iness Rates Relief provis ions the eas tern side of Wis bec h. rates payable with regard to this property may have no relation to T he central bus iness area of Wisbec h c ompris es the H igh Street and the rateable value. Interested parties are advised to c hec k with the the Market Place with a blend of loc al and national retailers inc luding Local Rating Authority (Fenland District Council, Fenland Hall, 99p Stores, WH Smith and Bon Marche together with the Horsefair shopping centre comprising national retailers such as Somerfield, County Road, March, Cambridgeshire PE15 8NQ Tel 01354 654321) Argos, Boots, Dorothy Perkins, Burtons Menswear and Car Phone as to the current rates liability Warehouse. The property is located on Market Street which feeds off Market VAT Place directly opposite the entrance to the Horsefair shopping The property has not been elected for VAT. Should the property centre. Markets still take place on Thursday and Saturday every become registered for VAT this will be payable in addition to the week in the Market Plac e. purchase price.
VIEWINGS DESCRIPTIO N For an appointment to view apply to the A gent Ground Floor Retail P remises with Kitchen and WC above, together
with Sec ond Floor Storage. PLANNING
The current retail use of the property is long standing and believed ACCO MMO DATIO N lawful and would fall within Use Class A1 (Shops) as defined by the GROUND FLOOR SALES AREA 9.4m x 3.6m (31.1 m²) inc luding Town and Country Planning (Uses Classes) Order 1987 (As s tairwell with display windows and stairs to upper floors Amended). T he property lies within the Wis bec h Conservation A re a. FI RST FLOOR
LANDING DIRECTIO NS KITCHEN 2.7m x 1.5 m average (4.6 m²) From our Wisbech office proceed east along Bridge Street. Turn left ATTIC STORAGE access ible via loft ladder onto the High Street and then into Market Place. T urn right and take
the first right (after British Heart Foundation) onto the Market Street SERVICES where the property can be found on the right hand side. Mains drainage, electricity and water are understood to be connected. Mains gas is understood to be available in the street. Interested parties are advised to make their own enquiries of the PARTICULARS PREPARED 4th March 2015 relevant drainage authority and utility companies . PARTICULARS AMENDED 22nd February 2016
TERMS The property is offered For Sale on long leasehold expiring in 2111 with a ground rent of £1 per annum (if demanded). The property
Agents Note - Maxey Grounds & Co LLP for themselves and all employees and for the Vendors and Lessors of this property for whom they act as Agent give notice that these particulars are a general outline only for guidance, having been prepared in good faith, and do not constitute an offer or contract. Measurements and distances are given as a guide only. We have endeavoured to ensure the information is accurate, but we would urge you to contact the relevant office of Maxey Grounds & Co LLP before travelling any great distance to ensure that your impression of the property is as we intended. The services, appliances and equipment have not been tested and prospective Purchasers/Tenants should satisfy themselves on such matters prior to purchase/lease. No person in the employment of Maxey Grounds & Co LLP has any authority to make or give representation or warranties whatever in relation to the property.
O ffic es als o at Chatteris and March www.maxeygrounds.co.uk