Summary - 18 Market Place,WISBECH,PE13 1DY PE13 1DY
1 bed 1 bath Retail Property (high street)
Central high-street unit with wide frontage and strong visibility for investor or occupier.
Freehold retail unit, approx 1,055 ft² total area
A prominent ground-floor retail unit on Wisbech’s Market Place, offered freehold with vacant possession. The property extends to about 98 m² (approx. 1,055 sq ft) across ground, basement and first-floor storage, and benefits from a wide display frontage and direct high-street visibility — useful for a continuing shop use or convenience-led operator.
This is an investment or redevelopment opportunity for buyers targeting town-centre retail in a busy local marketplace. The unit is currently basic and dated internally and will suit a purchaser prepared to refurbish to modern standards or re-let to a convenience/retail occupier under a new lease. Mains services are understood to be connected; interested parties should verify utility and drainage arrangements.
Important considerations are material and stated: the local area is very deprived with very high crime levels, and the neighbourhood is described as a transitional Eastern European area with constrained local renting demand. The interior shows wear and will need cosmetic and possibly deeper works to improve lighting, decoration and floor surfaces before higher-value trading or tenancy can be achieved.
Practical positives include freehold tenure, excellent mobile signal and a modest 2023 rateable value of £6,000 (check current liability and any reliefs). The property currently sits in a long-established retail pitch with steady footfall from Market Place; purchasers should weigh refurbishment cost, local market conditions and security measures when assessing yield or repurposing options.
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