LEASEHOLD PART VACANT COMMERCIAL INVESTMENT
Guide price: £150,000 - £160,000 *
Monday, 10th October 2016 11:00am
Location & Description
A pair of adjoining properties both arranged as a shop with two upper floors located on the west side of Union Street close to the main Market Square in a conservation area in the heart of this historic market town. Wisbech is 25 miles east of Peterborough, 40 miles north of Cambridge.
Both properties are held on a single lease until September 2048 at a ground rent of £550 p.a.
EQUIVALENT TO £13,425 p.a. WITH THE BENEFIT OF A VACANT THREE STOREY BUILDING
Refer to auctioneer
* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.