The property is prominently located close to the town centre of March.
March is located approximately 19 miles east of Peterborough and approximately 32 miles north of Cambridge.
A mixed-use property currently comprising a Ground Floor Laundrette and 2 x 2-Bedroom Flats to the First Floor. The property is accessed from the highway to the front and also has shared access through the archway and courtyard to the rear.
Planning consent has been granted for the property for conversion to 3 x townhouses, comprising 2 x 2-bedroom dwellings and 1 x 3-bedroom dwelling.
Further residential accommodation to the rear is available by separate negotiation.
120 High Street (Laundrette)
Current Retail Area 32.4sq m
Store Room 15.6sq m
Plant Room 24.3sq m
120A High Street
Total of 63.8sqm
120B High Street
Total of 70.9sqm
The property has shared access through the archway and courtyard.
It is understood that the property benefits from mains gas, electricity, water and drainage.
The property is offered For Sale with vacant possession upon completion at an asking price of £200,000.
Further residential accommodation, comprising a 4-bedroom townhouse, is available by separate negotiation.
Rateable Value (2017 List): £5,100
Business Rates Multiplier (2019/20): 49.1p in the £
Estimated Business Rates (2019/20): £2,504.1
The property may be eligible for Small Business Rates Relief, prospective Tenants are advised to make their own enquiries of Fenland District Council.
120A High Street - Band A
120B High Street - Band A
VAT is not payable on the purchase of this property.
Each party will be responsible for their own legal costs.
120 High Street is currently used as a launderette which falls within Use Class Sui Generis as defined by the Town and Country Planning (Use Classes) Order 1987 (As Amended).
Planning Permission was granted by Fenland District Council on 15th August 2019 for the conversion of the laundrette and the 2 x flats above to 3 x townhouses (2 x 2-bed dwellings and 1 x 3-bed dwelling) under reference F/YR19/0532/F.
The launderette equipment, such as the washing machines and tumble dryers, are included in the Sale.
Viewing is strictly by appointment only with the Agent.
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