About this property

Key Features

Freehold with 8 week completion
Popular residential location close to Cambridge city centre and the train station
Vehicle workshop/storage site with residential development potential STP

Description

A rare opportunity to acquire a well-located vehicle workshop/storage site with potential for redevelopment, subject to gaining planning permission for an appropriate scheme. The property comprises a rectangular site with two, single storey buildings of brick construction beneath flat roofs located at the front of the site and a single storey workshop building with pitched asbestos roof to the rear. The property has vehicular access between the front two buildings which leads to a small tarmac parking/loading area immediately in front of the workshop building. The buildings have the following approximate gross internal floor areas: Front storage 1 - 42.51 sqm (458 sq ft) Front storage 2 - 17.39 sqm (187 sq ft) Rear Workshop - 115.51 sqm (1,243 sq ft) Total - 175.41 sqm (1,888 sq ft) The site has a total area of 0.029 ha (0.071 acres). The property is sold with vacant possession and offers purchasers an 8 week completion period. See legal pack.


Tenure

Freehold with vacant possession

Location

The property is located on the north side of Argyle Street close to the corner of Charles Street, approximately one mile south east of Cambridge City Centre and just off Mill Road. Mill Road is a main arterial route into the city centre from the city’s south eastern outskirts and is a well-known popular area to live and work. The area comprises a vibrant mix of local traders and speciality shops, together with various restaurants and cafés. The city centre, Grafton Shopping Centre and train station are all within one mile.

Lot Type

Commercial

Legal Packs

www.cheffins.co.uk/auctions/property-auctions or Chubb Bulleid Solicitors, 7 Market Place, Wells, Somerset, BA5 2RJ Ref: GB

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.�