About this property
Key Features
Rare freehold opportunity
120.4 sq m (1,296 sq ft)
Characterful property with development potential, subject to planning
Grade II Listed building within the centre of Ely
Description
The property comprises a Grade II Listed former Dispensary building dating back to 1865. The front façade is constructed from stone and the architectural style is 'Gothic'. Behind the façade is a pitched roof with slate tile coverage.
Internally, the accommodation comprises: Entrance Hall leading into; a large open plan Room benefiting from roof lights, with a Kitchen and WC to the rear.
The property has an approximate gross internal area of 1,296 sq ft (120.37 sq m).
Tenure
Freehold with vacant possession
Location
The historic Cathedral city of Ely lies around 17 miles north of Cambridge and 40 miles south east of Peterborough. The city is fast expanding with a resident population of approximately 19,000 and a district population of 80,000.
By 2031 the population is set to reach 27,000 with the development of 3,000 new houses in the city.
The property itself occupies a prominent position on St Mary's Street, on the opposite side of the road to the St Mary's Street public car park. Neighbouring occupiers include Ely Print Centre, The Kings Arms public house and White & Red Continental Groceries.
Outgoings
The property is entered into the 2023 VOA Ratings List with a rateable value of £2,600. A qualifying occupier will therefore benefit from 100% business rates relief. For more information, please contact Anglia Revenues Partnership by calling 01842 756568.
Lot Type
Commercial
Planning
The property is described on the East Cambridgeshire District Council planning portal as a 'Day Centre for the Elderly'. Interested parties are advised to contact Cheffins Planning Department for further information by calling 01223 271 958.
Legal Packs
www.cheffins.co.uk/auctions/property-auctions or Aman Harvey at Birketts, 160-162, New London Road, Chelmsford, Essex, CM2 0AP
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.�