A Mixed Use Building Arranged to Provide a Lower Ground and Ground Floor Shop and Two Self-Contained Flats (Both Sold Off on Long Leases) Producing a Combined Income of £15,250 Per Annum

The property comprises a mid terrace building arranged to provide a lower ground and ground floor shop and two self-contained flats on the first and second floors (sold off).

Tenure

Freehold

Location

The property is situated on a mixed use road close to local shops and amenities. The open spaces of Wisbech Park are within easy reach. Transport links are provided by the A47 to the south.

Accommodation

Lower Ground Floor Shop Area WC Ground Floor Shop Area First and Second Floors Two Flats (Not Inspected)

Tenancy

The shop is subject to an FRI lease for a term of 5 years commencing 22nd July 2022 at a rent of £15,000 per annum. There is a tenants break in 2025. Royal Mencap Society is a registered charity and leading voice of learning and disability and currently operate 45 charity shops. The flats are sold off on a 999 year lease from 15th June 2010 at a ground rent of £250 per annum.

Approximate GIA: 3,145 Sq Ft

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.