Lot 8 - SOLD £89,000 2 City Road, March, Cambridgeshire, PE15
Details:
• Shop investment opportunity
• Producing gross income of £8,500 per annum
• Situated in the heart of March town centre
DESCRIPTION
The property comprises in part a single storey mid terrace building, together with the ground floor of the adjoining two storey building. The premises are currently occupied by a pet shop and there is an open plan sales area with ancillary rooms to the side and rear. Behind the shop is an enclosed yard area, which provides access to a single storey brick building used as a store by the tenant.
The unit has the following approximate areas and dimensions:
Shop Internal frontage 7.7 m 25 ft 4 ins
Shop depth 7.5 m 24 ft 6 ins
Sales 83.2 sq m 895 sq ft
Ancillary 27.1 sq m 292 sq ft
External Store 15.4 sq m 165 sq ft
Total NIA: 125.7 sq m 1,352 sq ft
LOCATION
March is a historic Cambridgeshire market town situated on the River Nene, with a population of over 16,000, lying 14 miles east of Peterborough and 30 miles north of Cambridge, to the east of the A141. The property is situated in a prominent position within town centre at the corner of High Street and City Road. There is free parking nearby in the City Road public car park. Nearby occupiers include Somerfields, Dobsons Leisurewear, The George Inn public house and a number of local traders.
TENURE Freehold. The shop unit is let on a 5 year internal repairing lease from 26th September 2008 at a passing rent of £8,500 per annum exclusive.
LEGAL PACK Fraser Dawbarns, 1-3 York Row, Wisbech, Cambridgeshire, PE13 1EA tel 01945 461456 Ref DB
VIEWING Cheffins Commercial Department 01223 213666 ref RB
Result: £89000
