About this property
Key Features
Available with vacant possession
Potential for re-development at First Floor (STP)
Well presented ground floor retail space
Prominent position on Main Street
Description
The building is a two storey, retail property of brick construction under a pitched tiled roof.The ground floor retail unit provides a glazed frontage on to Main Street.
The first floor, which is accessed separately, has been used for storage purposes in connection with the shop.
The property comprises a ground floor retail space of 80.10m² (862ft²) and a first floor area of 68m² (732ft²). It is considered that the property offers scope for redevelopment of the first floor, subject to planning.
Tenure
Freehold with vacant possession
Location
Littleport is a popular and expanding village, some 6 miles north of Ely. It is located off the A10 which provides the main route between King's Lynn in the north and Cambridge and the A14 to the south. The village benefits from a mainline railway station providing regular services to Kings Lynn (approx. 25 mins) and London Kings Cross (approx. 80 mins). The property is situated in a prime position on Main Street, surrounded by other independent retailers.
Auctioneers Note
We understand the property falls below the threshold for business rates payable, however interested parties should satisfy themselves in this regards via the local authority.
Lot Type
Commercial
Planning
We understand the property is suitable for uses falling under Class A1 (retail) of the Town and Country Planning (Use Classes) Order 1987. Alternative uses falling within A2 (financial & professional services) may be suitable subject to obtaining any necessary planning consents. However, interested parties are advised to make their own enquiries of East Cambridgeshire District Council Planning Department on (01353) 616209.
Legal Packs
www.cheffins.co.uk/auctions/property-auctions or Aashish Soni at Fraser Dawbarns, 21 Tuesday Market Place, Kings Lynn, Norfolk, PE30 1JW
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.�