* 100% Let Prime Retail Investment
* Let to Merkur Slots UK Ltd on a new 15 - year lease
* Recently Refurbished
* Freehold
* VAT Not Payable
Wisbech is an attractive market town in Cambridgeshire located approximately
20 miles north east of Peterborough and 40 miles north of Cambridge.
The property is prominently located on the Market Place in the heart of the
Wisbech town centre. The entrance to the Horsefair Shopping Centre is nearby
which offers a wide range of retail outlets plus parking for circa 400 cars
with 3 hours free parking. The property comprises an end of terrace retail
unit arranged on basement, ground, first & second floors. Nearby retailers on
Market Place include Costa Coffee, Subway etc.
The property is let to adult gaming / amusement giant Merkur Slots UK Limited
on a new 15 - year lease from May 2022 with 5 yearly rent reviews to open market
rent with a tenant only option to break every 5 - years. The current passing
rent is £35, 000 pax.
VAT is not applicable.