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3-5 Broad St
March PE15 8TP

Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Exceptional freehold blue-chip medical investment opportunity with a prime retailing position on the southern end of Broad Street.
  • Benefiting from excellent footfall being on the principal retailing throughfare with frontage onto Mill View.
  • Nearby occupiers include WHSmith and Clarks (adjacent), Boots, Domino’s, Holland & Barrett, Tesco Express and Superdrug.
  • This building is fully leased to Specasvers with 9.6 years left on the lease, producing a rent of £24,500 per annum and a gross yield of 5.4%.
  • Excellent road transport links with easy access to the motorway network and ample parking offered on Broad Street.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
2,635 SF
Building Class
B
Year Built
1800
Tenancy
Single
Number of Floors
3
Building FAR
1.51
Lot Size
0.04 AC

AMENITIES

  • 24 Hour Access
  • Security System
  • Storage Space
  • Recessed Lighting
  • Air Conditioning

ABOUT 3-5 BROAD ST , MARCH, CAM PE15 8TP

The property comprises a self contained retail unit arranged over ground, first and second floors. Internally, the sales area is predominantly open plan with ancillary accommodation on the upper floors. The property has been fitted out by Specsavers in their usual corporate style. This branch provides a full range of services including eye tests, audiology services, children’s eye care, contact lens services and home eye tests. The building occupies a prime retailing position on the southern end of Broad Street in March, a market town in Cambridgeshire, which is the town's principal retailing thoroughfare and benefits from a return frontage onto Mill View. March is located on the A141 and is approximately 88 miles (141 km) north of Central London, 20 miles (32 km) east of Peterborough, 20 miles (32 km) north east of Huntingdon and 30 miles (48 km) north of Cambridge. The town is located approximately 25 miles (40 km) north east of Junction 16 of the A1(M) Motorway. The town is also connected to the National Railway Network with March Station providing the fastest journey time to London’s Kings Cross in 1 hour and 20 minutes.

  • Listing ID: 18262074

  • Date on Market: 22/01/2020

  • Last Updated:

  • Address: 3-5 Broad St, March PE15 8TP