For Sale Station Road, March

 £180,000

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Location

Full description

LOCATION
The property is conveniently located within walking distance of both the town centre of March and March Train Station, which has links to Peterborough, Cambridge and Norwich.

March is located approximately 19 miles east of Peterborough and approximately 32 miles north of Cambridge and is the administrative centre of Fenland.

DESCRIPTION
A mixed-use property comprising two Retail Units, one of approximately 76.6m2 (Gross Internal Area) and the other of approximately 25.9m2 (GIA) and two One-Bedroom Flats, both of which extend to approximately 47.0m2 (GIA) each.

64 Station Road and Flats 1 & 2 St John's View, Station Road have shared pedestrian access to the rear.

ACCOMMODATION
62A Station Road
Retail Area 25.9m2

64 Station Road
Retail Area 12.1m2
Secondary Retail Area 13.5m2
Dark Room 5.6m2
Internal Store 5.0m2
Office 17.0m2

External Store with WC 9.6m2

Additional Store/Office 8.1m2
Additional Store/Office 5.7m2

Flat 1 St John's View, Station Road
Lounge 14.0m2
Kitchen 9.9m2
Bedroom 9.2m2
Bathroom 2.9m2

Flat 2 St John's View, Station Road
Lounge 13.9m2
Kitchen 9.7m2
Bedroom 9.7m2
Bathroom 2.8m2


SERVICES
It is understood that the properties all benefit from mains electricity.

64 Station Road and Flats 1 & 2 St John's View, Station Road benefit from mains drainage and water.

TERMS
The building is offered For Sale by Public Auction

The Auction Information and Legal pack will be available for inspection during the 14 days prior to the Auction. Digital copies of this pack will be available for distribution via email to interested parties or their Solicitors. The sale will be with completion within 28 days of the auction date. At the fall of the hammer contracts will unconditionally exchange and the successful Purchaser will be required to pay by cheque or by BACS transfer 10% of the purchase price with the balance upon completion.

The Purchaser will also be required to reimburse the Vendor for the cost of searches together with an administration fee of £300 including VAT. Prospective purchasers are therefore strongly advised to make their financial arrangement BEFORE the auction.

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OUTGOINGS
62A Station Road
Rateable Value (2017 List): £3,350

64 Station Road
Rateable Value (2017 List): £3,450

Uniform Business Rates (2021/22):
49.9p in the £.

The properties may be eligible for Small Business Rates Relief depending on the Occupier's individual circumstances.

Interested parties are advised to make their own enquiries of Fenland District Council (01354 654321).

VAT
It is understood the property has not been elected for VAT, therefore VAT at the prevailing rate will not be payable on the purchase price.

LEGAL COSTS
Each party will be responsible for their own legal costs.

SERVICE CHARGE
It is understood there is no service charge.

PLANNING
The use of 62A Station Road and 64 Station Road currently falls within Use Class E as defined by the Town and Country Planning (Use Classes) Order 1987 (As Amended).

The use of Flats 1 & 2, St John's View, Station Road currently falls within Use Class C3 (Dwellinghouse) as defined by the Town and Country Planning (Use Classes) Order 1987 (As Amended).

OTHER
OCCUPATION
62A Station Road: Currently Let on a lease to August 2022 at a rent of £260pcm.

64 Station Road: Currently Vacant

Flat 1 St John's View: Currently Let on a periodic assured shorthold tenancy from February 2021 at a rent of £425pcm.

Flat 2 St John's View: Currently Vacant.

For further information, apply to the Agent.

VIEWING
Viewing is strictly by appointment with the Agent. For more information contact Polly Stokes or Juliet Stephens.

Ready to view?

Call our March Professional Office on

01354 602030 Arrange a viewing

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