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34 & 36 Old Station Road, Newmarket, Suffolk, CB8 8DN

Guide price Postponed*
7,500 sq.ft. mixed use buildings... potential for redevelopment (STP)

Property Details

Description

We are delighted to bring this stunning redevelopment opportunity to the auction market, situated in a prominent position in this highly sought after town centre location. Newmarket is recognised as one of the countries leading centres of thoroughbred horseracing, close to the Suffolk/Cambridgeshire border, and provides easy access to the road and rail networks. This Lot comprises two adjoining properties which currently offer mixed use. 34 will be vacant and is a former retail unit with an extensive range of brick-built outbuildings and stores. 36 is currently split into three large self-contained flats, two of which are currently let on AST’s and also enjoys a large, dry basement with services connected. With excess of 7,500 sq.ft. this unique prospect will attract local and regional property entrepreneurs.

Key Features

  • 2 BUILDINGS
  • CENTRAL NEWMARKET
  • INCOME PRODUCING
  • 7,500+ SQ.FT.
  • LARGE DRY BASEMENT
  • DEV. PLANS ONLINE
  • RANGE OF OUTBUILDINGS
  • REDEVELOPMENT POT.
  • VIDEO TOUR ONLINE
  • FULL FLOORPLAN ONLINE
Tenure

Freehold

EPC

TBC

Viewing

Strictly by appointment with the Auctioneers

Solicitors

Mrs Anna Hall
Edmondson Hall
25 Exeter Road
Newmarket
CB8 8AR

Current Yield.

34 - Vacant

36A - £650 pcm
36B - £525 pcm
36C - Vacant (pot. £750 pcm)

Location

34 & 36 Old Station Road, Newmarket, Suffolk, CB8 8DN

*Guide prices are provided as an indication of a vendor’s minimum expectation and the level at which the reserve is set. Properties may not always sell within this guide and this figure may change at any time prior to the auction. The sale price will be dependent upon bidding in the auction room and on the Vendors’ instructions.

Reserve Price Each property will be sold subject to a reserve price, which will be set within, or below, the guide price range or no more than 10% above a single figure guide. This is a confidential figure set between the Vendor and the Auctioneer and is a figure below which the Auctioneer cannot sell the property.

Additional Fees All buyers are liable to pay an Administration Charge of £720 inclusive of VAT. \rOther fees/disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.