About this property

Key Features

Long leasehold with vacant possession
Central city location
Single Garage
Ideal parking /storage opportunity

Description

A rare opportunity to acquire a single garage en-block, in a prime position in the centre of Cambridge. The garage (No.33) has a pitched timber roof which is under-felted and covered with concrete tiles, whilst the walls are concrete panel construction. There is a black UPVC gutter and downpipe, with a white up-and-over door to front. Inside there is a concrete floor with internal measurements of 2.45m min x 4.89m min, a door opening width of 2.21m and a maximum ridge height of 3.33m. The garage forms part of a purpose-built block of garages, with number 33 lying within the southern row of garages, fourth from the eastern end. The garage was granted a 75 year lease dating from 16th November 1986, thereby with approximately 40 years currently remaining. There is no light or power connected to the garage.


Tenure

Long leasehold with vacant possession

Location

The garage is located off Hooper Street, with the entrance to the garage complex found opposite The Petersfield, at the junction of Hooper Street and Sturton Street. The garages back onto the Ironworks development and would be an ideal acquisition for the wide range of properties in the residential streets around Hooper Street.

Auctioneers Note

The lease contains a clause which prevents assignment to a person who already has one of the other Hooper Street garages.

Lot Type

Commercial

Legal Packs

www.cheffins.co.uk/auctions/property-auctions or Emma Bowman of HCR Hewitsons, 50-60 Station Road, Cambridge, CB1 2JH

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.�