Prominent Retail Premises
High Street Location
207 sq m (2,227 sq ft) Ground Floor Retail
105 sq m (1,131 sq ft) First Floor Storage
A1 Use Class
Rear Loading Access
Market Town Location
New Lease Available
The property is prominently located on the western side of the High Street in the Georgian market town of Wisbech. Locally known as the Capital of the Fens, Wisbech has a population of around 20,000 and is a market town of great character and historical importance.
Wisbech lies approximately 23 miles from Peterborough, 39 miles from Cambridge and 55 miles from Norwich. The A47 Trunk Road between Norwich and Leicester passes around the southern and eastern side of Wisbech.
The central business area of Wisbech comprises the High Street and the Market Place with a blend of local and national retailers including 99p Stores, WH Smith and Bon Marche together with the Horsefair shopping centre comprising national retailers such as Somerfield, Argos, Boots, Dorothy Perkins, Burtons Menswear and Carphone Warehouse.
The property occupies a prominent location on the High Street, just off the Market Place, where markets still take place on Thursday and Saturday every week.
The property is predominantly two storey and has a distinctive frontage to High Street. The accommodation comprises well proportioned Ground Floor Retail Space with rear Offices and Loading Area and at first floor level there is useful storage accommodation plus Staff Kitchen/Restroom and WC's.
The property has a very prominent window frontage onto High Street with recessed double door access. Loading facilities to the rear of the premises via double loading doors.
The property is considered suitable for a variety of retail uses.
GROUND FLOOR SALES AREA 206.9 sq m. (2,227 sq ft)
GROUND FLOOR OFFICE 5.6 sq m. (60.3 sq ft)
GROUND FLOOR STORAGE AREA/OFFICE 25.7 sq m (277 sq ft)
FIRST FLOOR STORAGE 105.1 sq m (1,131 sq ft)
KITCHEN/STAFF ROOM 32 sq m.(344 sq ft)
NB All measurements are for guidance only.
Mains drainage, electricity and water are understood to be connected. Mains gas is understood to be available in the street. Interested parties are advised to make their own enquiries of the relevant drainage authority and utility companies.
The property is offered To Let on a new Lease, for a period to be agreed, on a Full Repairing and Insuring Basis, contracted out of the Security of Tenure provisions of Part II of the Landlord & Tenant Act 1954. Leases for in excess of three years will be subject to three yearly rent reviews. The Tenant will be responsible for all outgoings in addition to the rent.
Rateable Value (2010 List): £28,750
Uniform Business Rates 2016/17 (49.7p) : £14,288.75
NB Due to Transitional Relief Provisions the rates payable with regard to this property may have no relation to the Rateable Value. Interested parties are advised to check with the Local Rating Authority (Fenland District Council, Fenland Hall, County Road, March, Cambridgeshire PE15 8NQ Tel 01354 654321) as to the current rates liability.
The property has not been elected for VAT. Should the rent become subject to VAT this will be payable in addition to the rent.
Each party will bear their own legal costs incurred in the transaction.
The current retail use of the property is long standing and believed lawful and would fall within Use Class A1 (Shops) as defined by the Town & Country Planning (Use Classes) Order 1987 (As Amended). The property lies within Wisbech Conservation Area. Other uses could be suitable Subject to planning
For an appointment to view apply to the Agent