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3-5 Broad St, March

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
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

Property links

Sale details

Sale unit Available

2,635 sq ft, £170.78 per sq ft, available now

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
  • This sale comprises the freehold interest of this blue-chip investment opportunity.
  • The property is let to the highly secure tenant 'Specsavers Optical Superstores Ltd' on a full repairing and insuring lease for a term of 10 years from 7th April 2011, expiring 6th April 2021 for the current passing rent is £32,000..
  • The lease benefits from no break clauses and upward rent reviews.
Sale type Investment
Tenure Freehold
More building details Less building details

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

This shop for sale is located in March.

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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