20 to 22 St Mary's Square Newmarket Suffolk CB8 0HZ

20 to 22 St Mary's Square
Newmarket
Suffolk
CB8 0HZ

Freehold Retail and Residential Redevelopment Opportunity

Attractive and Affluent Market Town
Substantial Three Storey Building
Potential for Residential Development (subject to consents)
50m West of The Guineas Shopping Centre
Nearby occupiers include B&M, Pizza Express, Boots, Domino's and Savers

Lot
25
Auction
2nd November 2023
Vacant Possession
Status
Sold
Price
£275,000
Auction Venue
Live Streamed Auction

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Freehold Retail and Residential Redevelopment Opportunity

Attractive and Affluent Market Town
Substantial Three Storey Building
Potential for Residential Development (subject to consents)
50m West of The Guineas Shopping Centre
Nearby occupiers include B&M, Pizza Express, Boots, Domino's and Savers

Lot 25
Auction 2nd November 2023
Vacant Possession
Status Sold
Price £275,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 13 miles east of Cambridge, 30 miles north of Chelmsford
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 located in a prominent corner position at the junction of St Mary's Square and Mill hill some 200 metres north of High Street, with The Guineas Shopping Centre 50 metres east of the property. Nearby occupiers include B&M, Pizza Express, Boots, Domino's and Savers.

Tenure

Freehold.

Location

Miles: 13 miles east of Cambridge, 30 miles north of Chelmsford
Roads: A11, M11, A14, A1
Rail: Newmarket Railway Station
Air: Stansted Airport

Situation

Tenure

Freehold.

Description

The property comprises a former ground floor shop with separately accessed former residential accommodation on the first and second floors. The property benefits from a rear garden which can be accessed via an undercroft passage.
The property may be suitable for residential redevelopment subject to consents.

VAT

VAT is applicable to this lot.

EPC

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

Description

VAT

VAT is applicable to this lot.

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	Possession
Ground First Second	Retail Residential Residential	107.40 137.96 137.96	(1,156) (1,485) (1,485)	VACANT POSSESSION
Total Approximate Floor Area		383.32	(4,126)

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.