Under Offer High Street, March

 £400,000

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Location

Full description

LOCATION
The property occupies a highly prominent position on High Street in the commercial centre of March. The property is immediately adjacent to Broad Street, the town’s principal shopping street supporting numerous national retailers. March is a historic market town and the administrative centre of Fenland District Council.

DESCRIPTION
A Freehold investment opportunity to purchase a large retail property, currently let to Costa Coffee until 24th July 2024 (at a passing rent of £25,000). The property is offered For Sale Freehold, subject to the existing tenancy. Further details available from the Agents.

ACCOMMODATION
Ground Floor
Retail Area 150.0m²
Internal Storage 32.6m²
First Floor
Internal Storage 127.7m²
Kitchen 12.7m²
Male WC
Female WC
Second Floor
Internal Storage 41.9m²

SERVICES
Mains water and electricity are understood to be connected to the property. Interested parties are advised to make their own enquiries of the relevant utility companies and drainage authority.

OUTGOINGS
Rateable Value (2017 List): £26,000

VAT
It is understood that the property is not elected for VAT.

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

PLANNING
The property is currently under Mixed Use, including A1 (Shops) and A3 (Restaurants and cafes) as defined by the Town & Country Planning (Use Classes) Order 1987 (As Amended). It is considered suitable for a variety of other retail uses subject to obtaining any necessary planning consent.

VIEWING
For an appointment to view contact the selling agent asking for Alan Faulkner or Tom Jupp.

Ready to view?

Call our March Professional Office on

01354 602030 Arrange a viewing

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