About this property
Key Features
Situated close to Wisbech town centre
Secured income stream of £16,000 per annum
Large retail areas with storage over two floors
Description
51 West Street comprises a large retail premises, covering two floors. There is an office and W/C facilities on the ground floor. There is an adjoining storage unit, also covering two floors.
The premises comprise the following approximate areas:
Ground Floor Retail - 1,046 sq. ft. (97.13m²)
First Floor Retail - 1,250 sq. ft. (116.2m²)
Ground Floor Office - 145 sq. ft. (13.51m²)
Ground Floor Store - 455 sq. ft. (42.29m²)
First Floor Store - 391 sq.ft. (35.4m²)
Total approx. internal areas: 3,289 sq. ft.(305.53m²)
Tenure
Freehold - VAT will be applicable on the sale
Location
Wisbech is a busy Fenland market town situated in north east Cambridgeshire, approx. 13 miles south west of Kings Lynn, around 20 miles east of Peterborough and around 40 miles north of Cambridge. The subject property is situated close to the town centre.
Overflow
Lot Type
Commercial
Planning
We understand that the property falls within Class A1 (Town and Country Planning (Use Classes) Order). Alternative retail uses may be suitable, subject to planning. The property is situated in a mixed commercial/residential area and may be suitable for development/change of use (subject to planning). Interested parties are advised to contact Fenland District Council Planning Dept. on 01354 654321
Legal Packs
www.cheffins.co.uk/propertyauctions or Croftons Solicitors, The Lexicon, 10-12 Mount Street, Manchester M2 5FA Tel: 0161 214 6180 (Ref: BA)
Viewing
Cheffins Commercial Department 01223 213666
Important notes
*Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.
Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.�