About this property
Key Features
Suitable for investors or owner occupiers
Ground floor shop and first floor one bedroom flat with Cathedral views
Freehold opportunity located in a busy retail parade in historic city centre
Description
A fantastic opportunity to acquire a well presented two storey commercial property comprising a ground floor shop and first floor one bedroom flat, situated close to Ely city centre with views of the Cathedral. The property would appeal to investors or owner occupiers alike.
Ground Floor: The shop features a front and rear sales area; WC room; Kitchen; Storage Room. There is further storage in the basement.
First Floor: The first floor of the property features a flat, comprising; Bedroom; Living Room; Kitchen; Bathroom.
EPC: The property has a rating of D (80).
Tenure
Freehold with vacant possession
Location
Ely lies approx. 17 miles north of Cambridge and 40 miles south east of Peterborough. The city has access to the A10 and A142 roads which provide access to the A14 and M11. There is also a mainline train station with services to Cambridge and London.
Directions: Travel along the A10 approaching Ely from the south. Cross the first roundabout onto Cambridge Road, passing the Golf Club on the right hand side. Cambridge Road then filters onto St Mary's Street. Continue for approx. 0.3 miles towards the traffic lights and turn left onto the alleyway by the public house. The property is then found on the right hand side.
VAT
No VAT is payable on the purchase price.
Planning
Planning permission has been granted for A1 shop use with living accommodation on the first floor. All interested parties are advised to make their own enquiries with East Cambridgeshire District Council Planning Department on 01353 616 136.
Legal Packs
www.cheffins.co.uk/auctions/property-auctions or Ward Gethin Archier, Market Place, Ely, Cambridgeshire, CB7 4QN Ref: JT
Viewing
Cheffins Commercial Department 01223 213666
Important notes
*Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.
Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.�