Station Road, March

£190,000 OIRO
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Property Summary

FOR SALE AS AN INVESTMENT SUBJECT TO EXISTING LEASES


PRICE: Offers in the region of £190,000 are invited (Subject to Contract)


MARCH is a Fenland market town with a wide range of amenities including primary and secondary schools, a hotel, banks and restaurants. There is a railway station linking it to the city of Peterborough which lies about 18 miles to the west and to both Ely and Cambridge.


STATION ROAD is a busy town centre street close to Broad Street and part of the long-established retail area of the town.


THIS TWO-STOREY BRICK AND SLATED END TERRACED PROPERTY, is believed to be of Victorian origin, and is within walking distance of the town centre. It has been occupied as a shop with self-contained flat above.


ENERGY PERFORMANCE CERTIFICATES


Energy Performance Certificates are available for inspection at our office.


TENURE


We are informed by the Vendor that the property is freehold.


The shop and flat are occupied by a long established business holding over under Leases dated 4th July 1991 and 17th September 1991 at a rent of £11,000 per annum. Under the Leases the tenant is responsible for repairs to the interior including fixtures and fittings. The Landlord is responsible for repairs to the structure and exterior of the building. Copies of the Leases are available for inspection at the offices of the joint sole agents.


COUNCIL TAX


Shop: Rateable value £12,750.


Flat: Band 'A'.


Payable to Fenland District Council


VIEWING


Viewing is only by prior arrangement through the joint sole agents, Jolliffe Daking and Maxey Grounds & Co.


Please allow 48 hours for arrangements to be made.


NOTES


None of the appliances or services has been tested and prospective purchasers must satisfy themselves that they are in working order.


THE ACCOMMODATION is as follows (N.B. All dimensions are approximate) :-


GROUND FLOOR


Shop: Double fronted window display. Zone A: 45.1m2, Zone B: 31.2m2.


Store: 28.6m2.


Cloakroom: Obscured glazed window. Hand-basin. W.C.


FIRST FLOOR FLAT


Hall:


Lounge: 13' 1" x 11' 8" (4.0m x3.6m). uPVC double glazed window with front aspect. Radiator.


Kitchen: uPVC double glazed window with rear aspect. Walls part tiled. Worktops with inset stainless steel sink and with drawers and cupboards under. Wall mounted cupboards. Wall mounted "Glow-Worm" gas-fired boiler serving central heating and hot water.


Bedroom 1: 11' 9" x 11' 9" (3.6m x 3.6m). uPVC double glazed window with front aspect.


Bedroom 2: 13' 5" x 9' 2" (4.1m x 2.8m). uPVC double glazed window with rear aspect. Radiator.


Bathroom: Obscured uPVC double glazed window. Panelled bath. Hand-basin. Close coupled W.C. Radiator.


Services


It is understood that all mains services are either connected or are available for connection, to the property.


The Agents for themselves and for the owner of this property hereby give notice that: (1) These particulars do not in any way constitute an offer or a contract; (2) Any intending purchasers/tenants must not rely on the statements made in these particulars as representations of fact, but must satisfy themselves by inspection or otherwise as to their correctness as they are made without acceptance of any responsibility on the part of the Agents or the owner; (3) No representation whatever in relation to this property is made or given by the Agents or the owner, nor has any person in their employment any authority to make or give any such representation or warranty.