Famous Inn for Auction

Along with some 20 other commercial property investments, residential properties, farmland and various renovation properties, the White Horse Hotel at Risby, near Bury St Edmunds, is going under the hammer on 29 September at the Cheffins Property Auction.

An attractive Grade II listed hostelry dating back to the 17th Century it is situated approximately two miles from junction 41 of the A14. For sale as a going concern with a turnover of around £150,000 per annum it includes bars, restaurant, hotel accommodation and a gym.

The guide price is £375,000 – £400,000

Victorian cottages, period farmhouses, barns and other properties, even a bungalow, for renovation feature on the Cheffins property auction catalogue. Auctioneer Simon Gooderham says: “We’ve got properties to suit virtually all pockets! With 20 lots and some very attractive projects for first time buyers even, we should have a lively auction.”

There are three properties in Huntingdon being offered on behalf of York Minster. In Great Northern Street is a terraced Victorian cottage needing modernisation at a guide price of £90,000 - £110,000. A 1930s detached three bedroom house is available in Tennis Court Avenue – in need of renovation and possible structural attention – at a guide price of £180,000 – £220,000. The third property is four purpose-built flats in Nursery Road needing refurbishment and with a guide price of £275,000 – £325,000.

Moving up market is Norton Green Farmhouse, a Grade II listed detached property situated on the edge of the Knebworth House Estate near Stevenage in need of some refurbishment. The guide price is £400,000 - £450,000.

Alongside this property is a range of period timber framed barns with planning permission for conversion to a four bedroom dwelling in grounds extending to 0.57 acres. The guide price is £125,000 – £150,000.

Closer to home is Hempsalls Fen Farmhouse, in Willingham. This is a detached four bedroom property with potentially five acres subject to an Agricultural Occupancy Condition with a guide price of £120,000 – £130,000. This, too, needs modernisation.

In Saffron Walden is Yeomans, a two bedroom detached bungalow set in generous grounds of approximately 0.18 acres. The property is conveniently situated for the town centre and offers an excellent opportunity for renovation or re-development subject to the necessary planning consents. The guide price is £280,000 – £290,000.

Also close to Saffron Walden at Ashdon is a pair of semi-detached cottages for renovation with potential for enlargement subject to planning. The guide price is £200,000 – £225,000 for the pair.

Finally, among the renovation possibilities is Fen Bridge Farm at Bassingbourn. This is a detached period property of brick plinth and timber framed construction with a
rendered clunch/brick built outbuilding and set in five acres. The property requires complete renovation and modernisation, offering potential for extension or
replacement. The guide price is £250,000 – £275,000.

A buy-to-let opportunity is available in St Ives in the historically named Cow & Hare Passage, St Ives. There are two recently refurbished and well maintained apartments conveniently situated for the town centre. On the ground floor is a one bedroom home and at first floor is a two bedroom flat. The guide price is £170,000 – £180,000.

For further information click on www.cheffins.co.uk/propertyauctions