The property occupies a highly prominent position on Broad Street adjacent to national companies in the commercial centre of March.
March is an historic market town and the administrative centre of Fenland District Council. Broad Street forms the towns principal shopping street supporting numerous national retailers.
The property comprises a ground floor lock-up shop premises with display frontage to Broad Street either side of the main entrance. The Sales Area benefits from a suspended ceiling and there is a separate enclosed office and storage cupboard with storage behind together with Cloakroom and Kitchen facilities.
Front Sales 42.4 sq m 456 sq ft
Office/Store 4.4 sq m 47 sq ft
Office/Store 3.64 sq m 39 sq ft
Kitchen 4.03 sq m 43 sq ft
Total 61.6 sq m 663 sq ft
We have not carried out tests on any of the services or appliances and interested parties should arrange their own test to ensure these are in working order.
The property is offered To Let on Assignment of current lease on a new full repairing and insuring lease for a period ending 16th April 2022, with the next rent review due on the 29th September 2021 at an initial rent of £24,000 per annum. However, the assignor will make a contribution to the rent to the end of the current lease of £8,000pa.
Rateable Value (2017 List): £20,250
2017/18 Small Business Rate Multiplier 46.6p in the £
To be confirmed
The ingoing Tenant will be expected to bear the Landlords reasonable legal costs incurred in the preparation of the lease.
The current use of the property falls within Use Class A1 (Retail), as defined by the Town & Country Planning (Use Classes) Order 1987 (As Amended). It is considered suitable for A2 (Professional Offices), A5 (Hot Food Takeaway) or other uses subject to obtaining any necessary planning consent.
EPC Rating D
For an appointment to view apply to the Sole Agent Maxey Grounds 01354 602030
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