Commercial Property in PE13 available for sale
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Commercial Properties for Sale in PE13, Wisbech

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Explore the Latest PE13 Commercial Property for Sale

More details for 108 Norfolk St, Wisbech - Retail for Sale

108 Norfolk St

Wisbech, PE13 2LD

  • Retail for Sale
  • £295,000
  • 3,213 sq ft

Wisbech Retail for Sale

Investment Consideration: VAT is NOT applicable to this property Comprises two retail shops at ground floor and three self-contained flats above Located within the heart of Wisbech, which is the third largest town in Cambridgeshire Property Description: Comprises two ground floor shops and three self-contained flats, providing the following accommodation and dimensions: Shop No. 108: 35 sq m (377 sq ft) Open plan retail, Storage, WC Takeaway No. 108a: 157 sq m (1,690 sq ft) Open plan retail, Storage, WC Flat 1 (108b): 43 sq m (463 sq ft) Flat 2 (108b): 34 sq m (366 sq ft) Flat 3 (108b): 24 sq m (258 sq ft) Total Retail Area: 192 sq m (2,067 sq ft) Total Residential Area: 101 sq m (1,087 sq ft) Tenancy: Shop No. 108 is at present let to CDS Labour (Group UK) Ltd for a term of 6 Years and 11 Months from 28th May 2024 at a current rent of £6,600 p.a. and the lease contains full repairing and insuring covenants. No breaks. Rent review on 28.05.2027 open market upward only. Deposit held of £1,100. Shop No. 108a is at present let to Individuals for a term of 3 years from 1st August 2023 at a current rent of £6,000 p.a. and the lease contains full repairing and insuring covenants. Rent review on 1st August 2024 open market upward only. Deposit held of £1,000. Flat 1 (No. 108b) is at present let on an AST to an Individual for a term of 12 months from 29th November 2023 at a current rent of £6,300 p.a. Deposit held of £525. Flat 2 (No. 108b) is at present let on an AST to an Individual for a term of 12 Months from 10th August 2023 at a current rent of £5,760 p.a. Deposit held of £480. Flat 3 (No. 108b) is at present let on an AST to an Individual for a term of 12 months from 31st May 2024 at a current rent of £6,000 p.a. Deposit held of £500. Location: Wisbech is the third largest town in Cambridgeshire, after Cambridge and St Neots. The property is situated on the west side of Norfolk Street, to the north of its junction with St Peter’s Road. Located within the heart of Wisbech, it benefits from easy access to a range of facilities.

Contact:

Blue Alpine Partners Ltd

Date on Market:

07/05/2020
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More details for Mount Pleasant Rd, Wisbech - Industrial for Sale

Mount Pleasant Rd

Wisbech, PE13 3NA

  • Light Industrial for Sale
  • £1,250,000
  • 22,482 sq ft
  • 1 Unit Available
  • Security System

Wisbech Industrial for Sale

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.

Contact:

Maxey Grounds & Co LLP

Property Subtype:

Warehouse

Date on Market:

09/12/2024
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More details for Murrow Ln, Murrow - Light Industrial for Sale

Factory Premises - Murrow Ln

Murrow, PE13 4JH

  • Light Industrial for Sale
  • £225,000
  • 12,863 sq ft

Murrow Light Industrial for Sale - Parson Drove

Approximately 808m² Ground Floor Gross Internal Area with an additional 387 sq. m of first floor storage and production area. Outside the property has access, parking and hard surface area surrounding the property together with additional grass areas approx. 1.6 Acre in total (verged red on the aerial image - STMS).

Contact:

Maxey Grounds & Co LLP

Property Subtype:

Light Manufacturing

Date on Market:

17/07/2024
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LoopNet UK Cambridgeshire Wisbech Commercial Properties For Sale in PE13, Wisbech, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in PE13

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How many Commercial Property listings are available for sale in PE13?
There are currently 8 Commercial Properties available for sale near PE13. These PE13 Commercial Property listings have an average size of. The largest available listing in PE13 is. The thriving commercial centre and excellent transport links in PE13 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in PE13?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in PE13 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in PE13?
There is a diverse range of commercial properties available in PE13 to suit various business needs. PE13 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 8 PE13 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the PE13, Wisbech

You searched for commercial property for sale in PE13. Explore 8 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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