Sold STC Market Place, Wisbech

 £110,000

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Location

Full description

LOCATION
The property is located in a prime position in the Market Place in the Georgian market town of Wisbech. Locally known as the Capital of the Fens, Wisbech has a population of around 20,000 and is a market town of great character and historical importance.
Wisbech lies approximately 23 miles from Peterborough, 39 miles from Cambridge and 55 miles from Norwich. The A47 Trunk Road between Norwich and Leicester passes around the Southern side of Wisbech.
The Market Place is one of the main retail areas of the town. Occupiers of the Market Place include local occupiers, regional and national chains.

DESCRIPTION
51 Market Place offers a ground floor unit, most recently used for A2 use class (Financial and Professional Services) with potential for retail use (STPP). The property has accommodation above on the first and second floors which has been used as residential accommodation and is registered for Council Tax.

The property can be accessed from both the Market Place and Little Church Street and has display windows facing onto both shopping areas.

ACCOMMODATION
The property is comprised of:

Ground Floor:
Retail area with display windows - 18.2m²
Office - 6.5m²
Rear retail area with secondary display windows - 7.5m²

Stairs down to Basement:
Section 1 - 4.2m²
Section 2 - 21.3m²

Stairs up to First Floor:
Hallway
8.8m²
Living/Kitchen area - 16.9m²
Shower Room

Stairs up to Second Floor:
Shower Room
Kitchen - 5m² av.
Living Room - 5.6m²
Bedroom - 11.2m² av.

SERVICES
It is understood that the property is connected to mains drainage, water and electricity with mains gas available for connection in the street. Interested parties are advised to make their own enquiries of the relevant drainage authority and utility companies.

OUTGOINGS
Ground floor and basement: Rateable Value (2017 List): £5,500
Estimated Business Rates 2019/20: £2,700.50

First floor flat: Council Tax band A (£1,282.54 per annum)

Second floor flat: Council Tax band A (£1,282.54 per annum)

VAT
It is understood that the property is not currently elected for VAT. All guide prices quoted are excluding VAT. Should any VAT become chargeable on the transaction this will be paid in addition.

LEGAL COSTS
Each party to be responsible for their own legal costs incurred in the transaction.

PLANNING
It is understood that the shop was most recently in use for financial and professional services (Use Class A2). The first and second floors were most recently used for residential accommodation and are liable for Council Tax.

VIEWING
Strictly by appointment with the selling agent, Maxey Grounds.

For more information please contact: Natalie Jeary.

Ready to view?

Call our Wisbech Professional Office on

01945 428830 Arrange a viewing

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