LOT
10
46/46a High Street, Chatteris, Cambridgeshire, PE16 6BH
•
Freehold commercial investment opportunity
•
Rental income of £17,500 per annum
•
Two established commercial tenants
•
Town centre location
GUIDE PRICE
£200,000+*
DESCRIPTION A two storey commercial investment opportunity located on the High Street of this popular Fenland town. The property is let to 2 tenants with the relevant areas comprising: CHATTERIS FU
ST RE
R 2
ET
RIS TE AT ARY CH IBR L
P (20) (ACTUAL)
72
No 46 (let to Harrison & Murray Ltd (estate agents and Building Society)) features shop window, main front office area with separate meeting room, kitchen, lobby and cloakroom.
N & SO R DIN TK LAN UND J.H.
NT CA VA
No 46a (let to Greetings) features a main trading area at ground floor level with stairs rising to storage room at first floor level. NB. planning permission was previously granted for the conversion of the first floor storage room to provide a self-contained 1 bedroom flat.
S T EN KE DG AR BU RM PE SU
51
E DS LIN
L WA
K
G LIN EL DW
58
RAILWAY
60
T AR SM G W HIN SE OT CL
LLS
56 NT CA VA
47
LANE
E MIL AS NS DIV DRE AR IL WE CH
G LIN EL DW
A A IVIJ Y S O L A UT BE
LO
G LIN EL N DW IN N
50 A 46 46
& D AIR CAR H ER GS VE OV IN O Y EET T AB RA GRA CU UR
EN
AN TR CAK
OM FR IS RR PP
40
38
LO
BIZ OE SH
T EE 6 TR 36A 3
BA
NS AN P LLY HO SA ITY S AR
CH
Auctioneers Note
CE
ES
PA SU E E RPL Y CAK ELL PU NKE N MO TS BOSW SO & R GIF KE
HS
I
HIG
42B
EG
OS
42
F CA
T US
Y LB R SE YL O N TA ICIA T OP
GE RA GA RIS IRS TE A AT EP CH RR CA
T M GEN N Z A RT ISO TE SO BIS RR STA HA ALL F & E & N CO
ROAD NEW
ND H HA WAS R CA
48
O AY AG AW DR KE N TO TA GS ET KIN MARK NT E AG WS S NE
27
LOCATION The property is located in the heart of the town centre, on the west side of the High Street. The town centre features a number of shops and facilities, including local and multinational traders.
N
GS LIN EL DW
52
E IC SP NGE N U LO DIA ST IN E R
D AR &W & LL VE PETS G IN R CA OOR FL
The property has not been elected for VAT. Therefore no vat will be payable on the purchase price.
25
34
AP HE E C S H OP OLD EH DS US O HO GO
TH
E DIY NTR CE
25A
32
G NA V A A YES G H TA ES
D OL
ION CT AU
RD YA
28
S
17A
NT CA VA
30
R ASTEAY LI M CHIL KE AW TA ICE PO OFF ST PO T FACE P SHO ITY CHAR
ING ELL DW
30A
G DW
Not to scale. This plan is based upon the Ordinance Survey Map with the sanction of the Controller of HMSO Licence No. 100020449. G LIN EL DW
YDSLLO ACY RM PHA
22
N GREE EVER AWAY TAKE
26
ICE OFF G DW
THE
15
TENANCIES No 46 is let to Harrison Murray Ltd on a 10 year lease which commenced on 18th August 2013 at a rent of £10,000 per annum. Harrison Murray Ltd are a large regional chain of estate agents owned by the Nottingham Building Society, and have been trading from this property for over 11 years.
KA
TT RFI MU A D DTKR UN
IP OK QU PC MP E CO
S ALETGS ALPHTTIN CY LE EN AG H
BRAM
GUE
LEY
ST HO
USE
16
20
30
40 m
LAR CU IANS TA EC TIC SP OP
12
10
GAGE MORT V AD FIN
H
VA
13A
14
S
10
ST
0
No 46a is let to Greetings which is an established local greetings card business. The 5 year lease commenced on the 1st February 2018 at a rent of £7,500 per annum. Please see the legal pack for more information on the leases. Tenure Freehold subject to leases. LEGAL PACK www.cheffins.co.uk/auctions/propertyauctions or Roy Cowie of Nelson Solicitors, 5 Pavilion Mews, Church Street, Brighton, BN1 1GA,
[email protected], Viewing Cheffins Property Auction Dept 01223 213777
Not to scale. This plan is based upon the Ordinance Survey Map with the sanction of the Controller of HMSO Licence No. 100020449.
Tel: 01223 213777
cheffins.co.uk