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6 Mount Pleasant Rd
22,475 SF Flex Condo Unit Offered at $1,784,781 in Wisbech PE13 3NA
Investment Highlights
- A mixed commercial and licensed and leisure investment property, part vacant, extending in total to approximately 2,088.6 sq m Gross Internal Area
- The A47 Trunk Road between Norwich and Leicester passes around the southern and eastern side of Wisbech
- Locally known as the Capital of the Fens, Wisbech is famed for its Georgian architecture with one of the longest unaltered Georgian frontages
Executive Summary
LOCATION Units 1 and 3A are located on the Mount Pleasant Trading Estate which is host to a range of businesses. The site is located in a prominent industrial area of Wisbech with access from both Mount Pleasant Road and Chase Street. Locally known as the Capital of the Fens, Wisbech is famed for its Georgian architecture with one of the longest unaltered Georgian frontages in the country which, together with The Crescent, have featured in films. Wisbech has a population of around 20,000 and is a market town of great character and historical importance lying approximately 23 miles from Peterborough, 39 miles from Cambridge and 55 miles from Norwich. The A47 Trunk Road between Norwich and Leicester passes around the southern and eastern side of Wisbech. The popular North Norfolk Coast is within easy reach.
Property Facts
| Price | $1,784,781 | Building Class | B |
| Unit Size | 22,475 SF | Floors | 1 |
| No. Units | 1 | Typical Floor Size | 60,257 SF |
| Total Building Size | 60,257 SF | Year Built | 2021 |
| Property Type | Industrial (Condo) | Lot Size | 3.50 AC |
| Property Subtype | Warehouse | Parking Ratio | 0.17/1,000 SF |
| Sale Type | Investment |
| Price | $1,784,781 |
| Unit Size | 22,475 SF |
| No. Units | 1 |
| Total Building Size | 60,257 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Sale Type | Investment |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 60,257 SF |
| Year Built | 2021 |
| Lot Size | 3.50 AC |
| Parking Ratio | 0.17/1,000 SF |
1 Unit Available
Unit 1 & 3A
| Unit Size | 22,475 SF | Condo Use | Flex |
| Price | $1,784,781 | Sale Type | Investment |
| Price Per SF | $79.41 | Tenure | Freehold |
| Unit Size | 22,475 SF |
| Price | $1,784,781 |
| Price Per SF | $79.41 |
| Condo Use | Flex |
| Sale Type | Investment |
| Tenure | Freehold |
Description
A mixed commercial and licensed and leisure
investment property, part vacant, extending in
total to approximately 2,088.6m2 Gross Internal
Area with potential for improving income and
located on the Edge of Wisbech. Gross Initial
Yield of 9.3% assuming full occupancy.
Sale Notes
The property is offered For Sale Freehold as a whole (Seller may consider selling Unit 3A separately) subject to the various tenancies that are currently in place. Unit 1 1A and the Venue are occupied by the Seller's own trading company and
Vacant Possession could be provided on these elements if required.
Amenities
- Security System
- Yard
- Automatic Blinds
- Storage Space
Utilities
- Lighting
- Water
- Sewer
-
Alan Faulkner -
Maxey Grounds & Co LLP
Learn More About Investing in Industrial Properties
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6 Mount Pleasant Rd
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