Lot
    Commercial Property
    14-15 Market Place
    Whittlesey, Peterborough, Cambridgeshire, PE7 1AB
    £230,000+
    Guide Price (plus fees)
    Number 1
    A Grade II Listed Detached Building Arranged to Provide 2 x Retail Units and 2 x One Bedroom Flats Fully Let Producing £32,280 Per Annum (Reflecting a Gross Initial Yield of 14%)

    Description

    The property comprises a detached building arranged to provide 2 x ground floor retail units and 2 x first floor one bedroom flats.

    Tenure

    Freehold

    Location

    The property is situated in Whittlesey town centre, nearby multiples include Subway, Domino's & Betfred . The open spaces of Manor Field are within easy reach. Transport links are provided by Whittlesea rail station.

    Tenancy

    Both commercial tenants are currently in negotiations to renew their leases at an increased rent.

    Accommodation & Tenancy Schedule

    Property Floor Accommodation Tenancy Details Current Rent
    14 Market Street Ground Retail Lease for 3 years from 1st February 2022 £9,600 Per Annum
    Flat 1, 14 Market Street First One Bedroom Flat AST for 12 months from 1st April 2023 £7,200 Per Annum
    Flat 2, 14 Market Street First One Bedroom Flat AST for 18 months from 23rd November 2024 £8,280 Per Annum
    15 Market Street Ground Retail Lease for 3 years from 1st February 2022 £7,200 Per Annum
    Open House Viewings To Be Confirmed
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    Similar Properties

    14-15 Market Place, Whittlesey, Peterborough, Cambridgeshire, PE7 1AB
    LOT
    Guide Price: £230,000+
    Commercial PropertyFreehold
    14-15 Market Place, Whittlesey, Peterborough, Cambridgeshire, PE7 1AB
    A Grade II Listed Detached Building Arranged to Provide 2 x Retail Units and 2 x One Bedroom Flats Fully Let Producing £32,280 Per Annum (Reflecting a Gross Initial Yield of 14%)
    Open House Viewings To Be Confirmed

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