For Sale Norfolk Street, Wisbech

 £180,000

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Floorplan

Location

Full description

LOCATION
The property is conveniently located on the edge of Wisbech town centre, between Norfolk Street and Orange Grove.

Wisbech is located approximately 12 miles southwest of King's Lynn and approximately 17.5 miles northeast of Peterborough, and is known as the Capital of the Fens.

DESCRIPTION
A Grade II listed mixed-use property comprising a public house with 3-bedroom flat above extending, in total, to approximately 256sqm and accessed from Norfolk Street. In brief, the public house comprises a bar area, dancefloor area, cellar and WC facilities. The flat is on the first-floor and is accessed through the public house only; it includes a kitchen, living room, shower room and three bedrooms.

To the rear is an area of undeveloped land which is accessed from Orange Grove with planning consent for the construction of 2 x 2-bed flats and 1 x 1-bed flat.

The whole property is vacant.

SERVICES
It is understood the property is connected to mains gas, water, electricity and the mains sewer.

TERMS
The property is offered For Sale by online auction at a guide price of £180,000 - £200,000 on 26th January 2022.

The Auction Information and Legal Pack will be available for inspection prior to the Auction. Digital copies of this pack will be available. Once the auction is concluded, contracts will unconditionally exchange with completion 20 business days thereafter. The successful Purchaser will be required to pay 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.

Vendor's Solicitor: Fraser Dawbarns
1-3 York Row, Wisbech, Cambridgeshire PE13 1EA
Telephone: 01945 461456

OUTGOINGS
Rateable Value (2017 List): £9,750
Small Business Multiplier (2021/22): 49.9p in the £.

The property may be eligible for the Small Business Rates Relief, interested parties are advised to make their own enquiries of Fenland District Council.

VAT
The property has not been elected for VAT.

LEGAL COSTS
Each party will be responsible for their own legal costs incurred in the Sale, however, the Purchaser will be required to reimburse the Vendor the cost of searches. The amount will be declared in the Auction Information and Legal Pack.

PLANNING
In November 2015, Fenland District Council granted planning consent under reference F/YR15/0522/F for a change of use from A4 to mixed use (A4 on the ground floor and C4 on the first floor). Listed building consent was also granted alongside this, planning reference F/YR15/0342/LB. It is understood this consent has not been implemented.

On 25th April 2019, Fenland District Council also granted planning consent under reference F/YR18/1104/F for the erection of a 3-storey block of flats comprising 2 x 2-bed flats and 1 x 1-bed flat on land to the rear of the public house on the undeveloped land accessed from Orange Grove.

Copies of these consents can be obtained from the Agent or from the Fenland District Council website. Interested parties are advised to make their own enquiries of Fenland District Council Planning Department as to their intended use of the property.

OTHER
For further information, please contact Victoria McIlroy or Polly Stokes on 01945 428830.

VIEWING
Viewing is strictly by appointment only with the Agent.

Ready to view?

Call our Wisbech Professional Office on

01945 428830 Arrange a viewing

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