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Legal documents Enquire
From £150,000-£175,000
9 Dec 2026 | 02:00 PM
Guide price
£150,000-£175,000
Freehold
13-15 Newnham Street, Ely, Cambridgeshire, CB7 4PG
2

Lot 12

Estimate: £150,000-£175,000

Key Features
  • Grade II Listed
  • 2 Parking spaces
  • Planning consent for a 2 bedroom flat.
  • Ground floor retail unit
Description

An excellent opportunity to purchase a ground floor retail unit with planning consent for change of use to a 2 bed flat. The Property is situated on Newnham Street in the centre of Ely. The ground floor consists of a large open plan room to the front, with three smaller rooms and a WC to the rear. The property benefits from single phase electricity, mains water and sewerage. Internally, the unit presents well and has LED lighting throughout. To the rear of the property, there are two parking spaces. The Property is currently occupied by Secret Beauty Lab on an informal arrangement. It is understood that the current tenant pays £13,200 per annum. The current tenancy can be ended with one months’ notice, and therefore Vacant possession, can easily be obtained. Accommodation: The premises is comprised of the following approximate net internal area: 772 sq ft (71.72 sq m) Energy Performance Certificate (EPC): The property has an EPC Rating: TBC

Tenure

50% share interest of the Freehold Interest for the entire building & a 989 year Long Leasehold Interest over ground floor.

Location

Newnham Street is situated in just north of Ely city centre. Approximately a 5 minute walk to Market Steet and the High Street. Ely offers a wide range of shopping, leisure and local amenities, together with its renowned cathedral and historic city centre.

Auctioneers Note

The interest to be sold is the Long Leasehold interest, over the ground floor, which commenced on 24th June 2016 for 999 years, with 988 years unexpired. The Purchaser will also benefit from a 50% share interest of the building's Freehold. Please refer to the Legal Pack for further information.

Outgoings

According to the VOA website the property has a Rateable Value of £8,200. Therefore, Business Rates would not be payable.

VAT

No VAT is payable on the purchase price.

Lot Type

Commercial

Planning

Planning permission for change of use of the ground floor from Class E to Class C3 has been granted on the 7th July 2026. Interested parties are recommended to refer to the legal pack and East Cambridgeshire District Councils Planning portal for further details. The planning application reference number for Change of Use is 25/00830/FUL the reference number for Listed Buildings Consent is 25/00831/LBC.

Legal Packs

www.cheffins.co.uk/auctions/property-auctions or Daniel Blake at Jury O'Shea, 7-9 Breams Building, London, EC4A 1DT

Viewing

Cheffins Commercial Department 01223 213666

Important notes

IMPORTANT: Cheffins would like to inform prospective purchasers that these sales particulars have been prepared as a general guide only. A detailed survey has not been carried out, nor the services, appliances or fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. If floor plans are included, they are for guidance and illustration purposes only and may not be to scale. Images may have been digitally edited for illustration purposes. If there are any important matters likely to affect your decision to buy, please contact us before viewing the property.

*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.

Legal documents Enquire
From £150,000-£175,000
9 Dec 2026 | 02:00 PM
Guide price
£150,000-£175,000
Freehold
13-15 Newnham Street, Ely, Cambridgeshire, CB7 4PG
2