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The Broadway, St Ives, Cambridgeshire, PE27 5BX
812 sq. ft. (75.44 sq. m.)
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For the Freehold
£185,000
Investment
  • Income Producing Investment - £11,500 per annum
  • Lease Ends in August 2027, Tenant would like to Renew
  • Potential Reversion on Renewal

Income Producing Investment - £11,500 per annum
Lease ends August 2017, Tenant would like to renew

Arrange viewing

About this property

Detailed Description

The property is a two storey, 17th century building with cellar and attic room. The building is Grade II Listed.

The current tenant is a hearing aid clinic and the building is set out with reception and treatment rooms.

Location

The property occupies a prominent and well-established pitch on The Broadway, which is one of St Ives' principle commercial thoroughfares. Neighbours include eateries, cafes and bars. It forms part of the core retail pitch.

Accommodation

Ground Floor - 363 sq ft
First Floor - 449 sq ft

Total NIA - 812 sq ft

Business Rates

Tenants are advised to contact the Local Authority in order to confirm the amount payable as the property may be eligible for some form of transitional relief.

Services

It is understood that mains water, electric and foul drainage is available.

However, all interested parties are to make their own enquiries.

Viewing

Strictly by appointment with the Selling Agent.

VAT

It is understood that VAT is not applicable.

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the sale.

Terms

The property is currently let on a fully repairing and insuring lease at a rent of £11,500 per annum. The lease will end in August 2027. A copy of the lease is available on request.

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To arrange a viewing contact

The Fairways, Wyboston Lakes, Great North Road, Wyboston, Bedfordshire, MK44 3AL

01480 479072

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