About this property

Key Features

Freehold with vacant possession
Town centre location
Planning permission for conversion to 2 self contained shops and 5 flats
Substantial mixed use property with rear yard

Description

An opportunity to acquire a deceptively large mixed-use property in the heart of Ramsey town centre. The building is predominantly of brick construction beneath pitched roof, but with a substantial flat roof to the rear. It has recently been used by a charity shop who occupied the ground floor retail space, whilst the first and second floors of the property were last used as a self contained flat. The property is now in need complete refurbishment as part of the approved planning scheme. The property has a current gross internal area of approximately 516m² (5,552ft²) Planning permission was granted on the 21st February 2019 for the conversion of the existing shop to 2 self contained shops, conversion of the existing ground floor offices to a one bedroom flat, and the demolition of the existing flat roof extension to the rear with extensions and alterations to form 4 No. further 1 and 2 bedroom flats to the rear. To the rear of the existing building is a generous yard which is accessed via Great Whyte. Full details of the approved scheme can be found on Huntingdonshire District Council website: 17/02196/FUL. Auctioneers Note The area immediately above the shops did not form part of the above application and has been most recently used as a self-contained flat, having previously been granted planning permission for 3 flats as part of planning application ref: 0702281FUL. The permission was granted on the 26th March 2008. Some works were undertaken following the 2008 permission, but it is believed that this earlier planning permission has since lapsed. There may be scope for a purchaser to combine the schemes (STP) or make a new application for the space above the front retail unit.


Tenure

Freehold with vacant possession

Location

The property is well located on the north side of the High Street, which is the main thoroughfare through Ramsey. Ramsey has a wide range of shops, facilities and services.

Legal Packs

www.cheffins.co.uk/auctions/property-auctions or Matthew Lutkin at Nockolds, 6 Market Square, Bishops Stortford, Hertfordshire, CM23 3UZ

Viewing

Cheffins Property Auction Dept 01223 213777


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.”