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3-5 Broad St, March

under offer

Fenland Shop for sale

£450,000 2,635 sq ft

Prideview Group
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3-5 Broad St, March

£450,000 2,635 sq ft

3D tour image 1: Matterport 3D Scan for 3-5 Broad St - 3D Tour - 1st Floor
Take a 3D tour: 3D Tour - 1st Floor
3D tour image 2: Matterport 3D Scan for 3-5 Broad St - 3D Tour - Ground Floor
Take a 3D tour: 3D Tour - Ground Floor
Status
Under offer
Highlights
  • Exceptional freehold blue-chip medical investment opportunity with a prime retailing position on the southern end of Broad Street.
  • This building is fully leased to Specasvers with 9.6 years left on the lease, producing a rent of £24,500 per annum and a gross yield of 5.4%.
  • Benefiting from excellent footfall being on the principal retailing throughfare with frontage onto Mill View.
  • Excellent road transport links with easy access to the motorway network and ample parking offered on Broad Street.
  • Nearby occupiers include WHSmith and Clarks (adjacent), Boots, Domino’s, Holland & Barrett, Tesco Express and Superdrug.
Property type

Shop for sale

Full address
3-5 Broad St, March PE15 8TP – March
Asking price
£450,000
Available space range
There is 1 space available. This measures 2,635 sq ft.
Features
24 hour access, Security system, Storage space, Recessed lighting
Brochure
Download the brochure

Property links

Sale details

Sale unit Under offer

2,635 sq ft, £170.78 per sq ft

Unit Sale unit
Address 3-5 Broad St, March, Cambridgeshire, PE15 8TP, GB
Size 2,635 sq ft
Price £450,000
Price per unit £170.78 per sq ft
  • Lot 13 is available for sale at Allsop online auction on Tuesday 22nd September 2020..
  • The property comprises a freehold ground rent investment opportunity for sale at Auction.
  • The asking price £425,000, representing a gross initial yield of 5.76%.
Auction Start 00:00 22 Sep 2020
Auction End 00:00 22 Sep 2020
Sale type Investment
Tenure Freehold

Property facts for 3-5 Broad St, March

The property comprises a self contained retail unit arranged over ground, first and second floors. Internally, the sales area is predominantly open plan with ancillary accommodation on the upper floors. The property has been fitted out by Specsavers in their usual corporate style. This branch provides a full range of services including eye tests, audiology services, children’s eye care, contact lens services and home eye tests. The building occupies a prime retailing position on the southern end of Broad Street in March, a market town in Cambridgeshire, which is the town's principal retailing thoroughfare and benefits from a return frontage onto Mill View. March is located on the A141 and is approximately 88 miles (141 km) north of Central London, 20 miles (32 km) east of Peterborough, 20 miles (32 km) north east of Huntingdon and 30 miles (48 km) north of Cambridge. The town is located approximately 25 miles (40 km) north east of Junction 16 of the A1(M) Motorway. The town is also connected to the National Railway Network with March Station providing the fastest journey time to London’s Kings Cross in 1 hour and 20 minutes.

Building subtype
Storefront
Number of storeys
3
Rentable building area
2,635 sq ft
Year built
1800

Attachments

PDF #1 Marketing brochure/flyer Download

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Prideview Group. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Prideview Group for full details and further information. 7501809