18 Churchgate Street Soham Near Ely Cambridgeshire CB7 5DS

  • 18 Churchgate Street<br>Soham<br>Near Ely<br>Cambridgeshire<br>CB7 5DS

18 Churchgate Street
Soham
Near Ely
Cambridgeshire
CB7 5DS

Freehold Retail Investment

  • Freehold Restaurant and Vacant Workshop and Self Contained Residential Uppers Parts
  • Restaurant Let Until 2028 (no breaks)
  • Busy Town Centre Location
  • Nearby occupiers include Dominos, Co-Op and a mix of local retailers and restaurants.
  • Lot
    41
  • Auction
    22nd September 2022
  • Rent
    £18,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £257,500
  • Auction Venue
    Live Streamed Auction
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Freehold Retail Investment

  • Freehold Restaurant and Vacant Workshop and Self Contained Residential Uppers Parts
  • Restaurant Let Until 2028 (no breaks)
  • Busy Town Centre Location
  • Nearby occupiers include Dominos, Co-Op and a mix of local retailers and restaurants.
  • Lot 41
  • Auction 22nd September 2022
  • Rent £18,000 per Annum Exclusive
  • Status Sold
  • Price £257,500
  • Sector
    Restaurant
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
4 miles south of Ely, 14 miles north-east of Cambridge, 28 miles south of Kings Lynn
Roads
A10, A14, A11
Rail
Ely Railway Station
Air
London Stansted Airport
Situation

The property is situated on the east of Churchgate Street in the heart of Soham town centre. Nearby occupiers include Dominos, Co-Op and a mix of local retailers and restaurants.

Tenure

Freehold.

Location
Miles
4 miles south of Ely, 14 miles north-east of Cambridge, 28 miles south of Kings Lynn
Roads
A10, A14, A11
Rail
Ely Railway Station
Air
London Stansted Airport
Situation

The property is situated on the east of Churchgate Street in the heart of Soham town centre. Nearby occupiers include Dominos, Co-Op and a mix of local retailers and restaurants.

Tenure

Freehold.

Description

The property comprises a ground floor restaurant with self contained residential flat on the first floor. The property benefits from single storey workshop to the rear with vacant possession.

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor restaurant with self contained residential flat on the first floor. The property benefits from single storey workshop to the rear with vacant possession.

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Review/(Reversion)
Ground
First
Restaurant
Self Contained Flat
169.68
Not Measured
(1,826)
-
INDIVIDUAL
t/a Ali Taj
10 years from 01/08/2018
£18,000
01/08/2023
(01/08/2028)
Ground Workshop
145.07
(1,561)
VACANT POSSESSION      
Total Approximate
Commercial Floor Area
 
314.75
(3,387)
   
£18,000
 

(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk)

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
Seller's Solicitors
Portner Solicitors 6 Cavendish Place
London
W1G 0QA
Daniel Broughton +44 (0) 20 7616 5300dbr@portner.co.uk

Useful Links

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

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