Large retail premises covering two floors with storage
2 Mar 2016 | 02:00 PM
Result:
Sold for £161,000
Freehold
51 West Street, Wisbech, Cambridgeshire, PE13 2LY
Lot 9
Result: Sold for £161,000
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
IMPORTANT: Cheffins would like to inform prospective purchasers that these sales particulars have been prepared as a general guide only. A detailed survey has not been carried out, nor the services, appliances or fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. If floor plans are included, they are for guidance and illustration purposes only and may not be to scale. Images may have been digitally edited for illustration purposes. If there are any important matters likely to affect your decision to buy, please contact us before viewing the property.
*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.