10 & 11 Union Street, Wisbech, Cambridgeshire, PE13 1DJ
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
|Column 1||Column 2||Column 3||Column 4|
|10 Union Street:||Second Floor:||160 sq ft||(15 sq m)|
|First Floor:||485 sq ft||(45 sq m)|
|Ground Floor:||1,445 sq ft||(134 sq m)|
|Currently occupied by the Salvation Army at a rent of £13,975 p.a. who in principle have agreed to a new 6 year lease at the same rent.|
|11 Union Street:||Second Floor:||645 sq ft||(60 sq m)|
|First Floor:||990 sq ft||(92 sq m)|
|Ground Floor:||2,055 sq ft||(191 sq m)|