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69 The Causeway, Burwell, Cambridge, CB25 0DU

Sold for £36,000
Commercial/retail Investment... over 17% yield

Property Details

Description

A small lock-up retail unit measuring approx. 150 sq.ft. situated on a prominent road within the attractive village of Burwell 4 miles from Newmarket and 11 miles North-East of Cambridge City. The interior has been partitioned to provide retail and kitchen/storage area and is currently being used as a hairdressers. Offering an excellent yield we believe this to be a high-yielding low capital investment.

Key Features

  • SMALL LOCKUP UNIT
  • 17%+ YIELD
  • ESTABLISHED BUSINESS
  • VILLAGE LOCATION
  • CLOSE NEWMARKET
  • EXCELLENT INVESTMENT
  • FLOORPLAN ONLINE
Tenure

Freehold

EPC

TBC

Viewing

By appointment with the auctioneers

Solicitors

Mr Mark Hayward
Hayward Moon Property Lawyers
Connexions
159 Princes Street
Ipswich
IP1 1QJ

Tenancy

The property is currently let on a lease and we understand there to be 3.5 years remaining. Full details will be included within the Legal Pack.

Current Yield.

£85 pw / £4,420 pa

Location

69 The Causeway, Burwell, Cambridge, CB25 0DU

*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.