Hotel/guest house for sale in Station Road, March PE15, £700,000

700,000.00

Offer Nr.:
63777279
Type of ad:
for Sale
Property type:
Hotel/guest house
Contact name:
Blue Alpine Partners
Phone(s):
020 3641 9157

Investment Consideration:
Vacant possession
VAT is not applicable to this property
Comprises vacant two - storey former hotel and a chapel hall with adjoining
single storey building
Total area size of 447 sq m (4, 810 sq ft)
Residential development potential to extend above, rear and side or develop a
new residential block, subject to obtaining the necessary consents
In same ownership for 28 years
Situated opposite March train station, within 0. 6 miles from March town
centre, with retail occupiers including Sainsbury`s Superstore, Tesco Express,
Boots, Lidl, WHSmith and many more.
Property Description:
The property comprises two - storey former hotel, a chapel hall with vaulted
ceiling and adjoining single storey outbuilding on a plot of land (0. 22
acres), providing the following accommodation and dimensions:
Hotel: 312 sq m (3, 357 sq ft)
Ground Floor - 180 sq m (1, 937 sq ft)
Reception, open plan bar area, restaurant area, kitchen, office, WCs
First Floor - 132 sq m (1, 420 sq ft)
7 bedrooms (5 en - suite), 1 communal bathroom
Chapel Hall & Adjoining Building: 135 sq m (1, 453 sq ft)
Open plan hall with vaulted ceiling, open plan adjoining building
Total gia: 447 sq m (4, 810 sq ft)
Residential development potential to extend above, rear and side or develop a
new residential block, subject to obtaining the necessary consents
Location:
March is a Fenland market town and civil parish in the Isle of Ely area of
Cambridgeshire, England. The town now has a western bypass to take the A141
and some of the traffic away from the town centre. The B1099 and B1101 pass
through the town. The town was an important railway centre, with a major
junction between the Great Eastern Railway and Great Northern Railway at March
railway station. The station is 87 mi (140 km) from London by rail, 32 mi (51
km) north of Cambridge, 16 mi (26 km) north west of Ely and 9 mi (14 km) south
of Wisbech. The property is situated opposite March train station, within 0. 6
miles from March town centre, with retail occupiers including Sainsbury`s
Superstore, Tesco Express, Boots, Lidl, WHSmith and many more.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)