136 to 142 High Street Newmarket Suffolk CB8 8JP

  • 136 to 142 High Street<br>Newmarket<br>Suffolk<br>CB8 8JP

136 to 142 High Street
Newmarket
Suffolk
CB8 8JP

Freehold Vacant Office with Residential Conversion Potential (subject to consents)

  • Includes attractive building, with cottage and converted coach house to the rear, all providing office accommodation
  • Affluent attractive and historic market town
  • Situated in the heart of the town centre
  • Residential conversion potential (subject to consents)
  • Neighbouring occupiers include, Caffe Nero, Boots, Greggs, Starbucks, HSBC, and WHSmith
  • Lot
    4
  • Auction
    25th March 2021
  • Status
    Sold
  • Price
    £926,000
  • Auction Venue
    Live Streamed Auction
  • The Instruction of Trustees
Important UpdateInterested?
  • Expand
  • Photos
  • Map

Freehold Vacant Office with Residential Conversion Potential (subject to consents)

  • Includes attractive building, with cottage and converted coach house to the rear, all providing office accommodation
  • Affluent attractive and historic market town
  • Situated in the heart of the town centre
  • Residential conversion potential (subject to consents)
  • Neighbouring occupiers include, Caffe Nero, Boots, Greggs, Starbucks, HSBC, and WHSmith
  • Lot 4
  • Auction 25th March 2021
  • Status Sold
  • Price £926,000
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction
  • The Instruction of Trustees

Property Information

Location
Miles
13 miles east of Cambridge
Roads
A11, M11, A14, A1
Rail
Newmarket Railway Station
Air
Stansted Airport
Situation

Newmarket is an affluent, attractive and historic Suffolk market town, internationally renowned for its strong connections with the horse racing industry. The property is prominently situated in the heart of Newmarket town centre on the north side of the busy High Street, adjacent to The King Edward VII Memorial Hall and White Hart Hotel. Neighbouring occupiers include, Caffe Nero, Boots, Greggs, Starbucks, HSBC and WHSmith.

Tenure

Freehold.

Location
Miles
13 miles east of Cambridge
Roads
A11, M11, A14, A1
Rail
Newmarket Railway Station
Air
Stansted Airport
Situation

Newmarket is an affluent, attractive and historic Suffolk market town, internationally renowned for its strong connections with the horse racing industry. The property is prominently situated in the heart of Newmarket town centre on the north side of the busy High Street, adjacent to The King Edward VII Memorial Hall and White Hart Hotel. Neighbouring occupiers include, Caffe Nero, Boots, Greggs, Starbucks, HSBC and WHSmith.

Tenure

Freehold.

Description

The property comprises a handsome period building fronting the High Street, arranged over basement, ground floor and two upper floors, providing office accommodation. The property includes a cottage and converted coach house to the rear of the site, providing further office accommodation. The property also benefits from a courtyard which is accessible from High Street. The property provides residential conversion potential (subject to consents).

VAT

VAT is not applicable to this lot.

Planning

The property may be suitable for residential conversion (subject to consents). A planning appraisal is available within the Legal Pack.

Completion Period

Six Week Completion

EPC

See legal pack.

Description

The property comprises a handsome period building fronting the High Street, arranged over basement, ground floor and two upper floors, providing office accommodation. The property includes a cottage and converted coach house to the rear of the site, providing further office accommodation. The property also benefits from a courtyard which is accessible from High Street. The property provides residential conversion potential (subject to consents).

VAT

VAT is not applicable to this lot.

Planning

The property may be suitable for residential conversion (subject to consents). A planning appraisal is available within the Legal Pack.

Completion Period

Six Week Completion

EPC

See legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas
(Approx)
Tenant
Main Building Ground
First
Second
Basement
Office
Office
Office
Storage
398.40 sq m
390.10 sq m
273.00 sq m
131.80 sq m
(4,288 sq ft)
(4,199 sq ft)
(2,939 sq ft)
(1,417 sq ft)
VACANT POSSESSION
Cottage Ground
First
Office
Office
49.13 sq m
100.60 sq m
(529 sq ft)
(1,083 sq ft)
VACANT POSSESSION
Total
1,343.03 sq m
(14,455 sq ft)
 

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Associate Auctioneers
Cluttons 2 Portman Street
London
W1H 6DU
Nick Masters 020 7647 7048 nick.masters@cluttons.com
Seller's Solicitors
Edwin Coe LLP Lincoln’s Inn , 2 Stone Buildings, Holborn
London
WC2A 3TH
Harry Rudolf 0207 691 4107harry.rudolf@edwincoe.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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