4 High Street, Wisbech, Lincolnshire PE13 1DB
East of England
£105,000Guide Price
Listed on 27/10/2026
Listed on 27/10/2026
The listing
Property details
Bedrooms
N/AType
Commercial PropertyFeatures
- Garden
Description
Offered at auction, this freehold commercial property occupies a High Street trading position in Wisbech and is offered with vacant possession. The accommodation extends over four floors and totals approximately 208 sqm (2,239 sq ft), comprising a ground-floor sales shop and rear office, basement storage with a kitchen and access to a small enclosed rear yard, and two upper floors currently arranged as offices, stores and WCs.
The upper floors may have potential for residential conversion, subject to any required consents and verification of feasibility. The sale is by live-streamed unconditional auction, with binding contracts exchanged at the point of sale. Buyers should review the legal pack and auction terms, including the stated deposit and buyer’s fee. The auction is scheduled to commence on 25 November 2026; the property’s allocated day and lot number are to be confirmed when the catalogue is finalised.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
71out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £105,000, the guide is exceptionally low against the local average: £47 per sq ft compared with £212. That makes this a compellingly priced acquisition for someone prepared to take on a substantial conversion project. The ground-floor shop is orderly and fitted out, while the upper floors and ancillary areas show worn finishes, ceiling damage and exposed wiring; the upper façade also needs attention. The four-floor layout may offer scope to create a different use, including residential conversion subject to the necessary consents. As an auction lot, bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- The four-floor arrangement gives a buyer scope to rethink the upper offices and ancillary areas, with residential conversion a possibility subject to required consents.
- Acquire at a markedly low asking price relative to local £/sq ft, leaving room to pursue a substantial transformation.
- The fitted-out, orderly ground-floor shop provides a usable commercial base while the wider property is reworked.
Key risks
- Worn upper and ancillary interiors, ceiling damage and exposed wiring point to a heavy multi-floor programme; plan for significant making-good and coordination, not a cosmetic refresh.
- Peeling paint on the upper façade will need attention, and any proposed residential conversion depends on securing the necessary consents.
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Transport
Nearest stations
March Rail Station
7.8 miles
Train · March
Watlington Rail Station
9.4 miles
Train · Watlington
Downham Market Rail Station
9.6 miles
Train · Downham Market
Manea Rail Station
11.6 miles
Train · Manea
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£397
Based on a loan of £78,750 over 30 years at 4.45% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tax
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Indicative tax based on the asking price and the options you select.
This calculation uses non-residential (land/commercial) tax rates.
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