Barnett Ross Auctioneers and Chartered Surveyors in London

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Located within the main town centre close to the junction with Howletts Hill amongst such occupiers as Blockbusters, Alliance Pharmacy and the Post Office.
Wisbech lies midway between Peterborough and King's Lynn benefiting from good road links via the A47 which leads to the A1.

A mid terrace property comprising a Ground Floor Double Restaurant with separate rear access via a communal staircase to 3 Bedsits on the First Floor. In addition, the property includes a Garage and 3 Car Parking Spaces and benefits from the use of a rear service road for loading.

VAT is NOT payable in respect of this Lot

Leasehold for a term of 125 years from completion at a fixed ground rent of £100 pa.

Ground Floor Restaurant (52 covers)
Gross Frontage 41'2"
Net Frontage 36'10"
Restaurant Depth 25'5"
Built Depth 73'9"
Function Room Area Approx 285 sq.ft
Kitchen/Store Area Approx 365 sq.ft
Garage currently used for storage 16'2" x 7'9"
2 WC's
First Floor - 3 Bedsits
Not inspected - Each believed to be 1 Room with ensuite Bathroom/WC

The property is let on a full repairing and insuring lease to M. N. Uddin as an Indian Restaurant for a term of 21 years from 15th September 2003 at a current rent of £20,000 per annum exclusive.

Rent Reviews Sept 2009 (Outstanding) and 3 Yearly

Note: We understand the tenant sub-lets the bedsits.