COVID-19 – Important Auction Information
For Sale By Auction | 11:00, 24 March 2021 | Lot 56

16 Market Street, Wisbech, Cambridgeshire, PE13 1EX

*Guide | £60,000 - £70,000 (plus fees)

  • Commercial Property
  • Tenure: Leasehold. 125 years from 25/11/1986 (91 years remaining)

Call the team on 01733 889833 for more information

Auction Date

Wed 24/03/2021

Auction Time

11:00

Auction Venue

Livestream Auction

Town centre shop with two storeys above

This shop with two further storeys above is located in Wisbech Town Centre. The shop which will be vacant possession from 12th March was receiving an annual income of £6,600pa from the previous tenant. The property is being offered on a leasehold basis but with no ground rent or service charges. There is a peppercorn rent which is £1 per year (further information can be found within the legal pack).

Tenure

Leasehold. 125 years from 25/11/1986 (91 years remaining)

Ground Floor

Reception area, main shop area

First Floor

Kitchen, w.c., access to store room via ladder

Note

We have not been able to gain access to the premises to check sizes or current condition. All internal photos are before the recent tenant occupied.

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Kings Lynn and West Norfolk Borough Council. Tel: 01553 616200

Solicitors

Fraser Dawbarns, 1-3 York Row, Wisbech, PE13 1EA, Ref: Adrian Lazell, Tel: 01945 468713

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.