Commercial Property for auction in Wisbech

Description

A spacious commercial property situated in a highly desirable location on Wisbech High Street.

Situated in a busy trading position with a host of well known brands trading nearby.

The property offers accommodation over four floors, with main ground floor sale shop, large basement level and two upper floors. The upper floors may offer scope for residential conversion, subject to any required consents. Small yard to rear.

Totalling 208 sqm/2239 sq. ft.

Offered freehold and with vacant possession. A great investment opportunity.

Accommodation

Ground Floor
Main Sales Shop, Rear Office.

Lower Ground Floor
Basement Storage, Kitchen, Store, Access to Rear Yard.

Fist Floor
Office One, Office Two/Store Kitchen, Ladies and Gents W.C.

Second Floor
Office Three, Office Four.

Outside
Enclosed Rear Yard.

Draft Sales Particulars
These sales details are awaiting vendor approval

Tenure

Freehold

Occupancy

Vacant posession upon completion

Costs

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.