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Retail Property (out of town) for sale

High Street, Balsham, Cambridgeshire, CB21 4DJ

Guide Price* £275,000

Property Description

Key features

  • Retail/Development opportunity - STP
  • 10 Miles south east of central Cambridge
  • Prominent position in picturesque village

Full description

Tenure: Freehold

Retails/Development opportunity, subject to planning, in prominent village position. For Sale by Public Auction on 7th December 2016 £275,000 +*

Retail/Development opportunity - STP
10 Miles south east of central Cambridge
Prominent position in picturesque village
Freehold with vacant possession
The property is located on Balsham High Street and is known to many as Balsham Butchers. Balsham is approximately 10 miles to the south east of Cambridge beyond the A11 road and within comfortable driving distance of Newmarket and Haverhill. There is also some small industry in the village, as well as a primary school, post office and two public houses: The Bell and The Black Bull.

A wonderful opportunity to purchase a Grade II listed property set in a prominent position in the picturesque village of Balsham, which lies approx. 10 miles south east of central Cambridge. The property was converted to a retail unit in 1924, and has been run by the same family as a butchers since 1955, known as Balsham Butchers. The shop offers an ideal development opportunity, subject to planning.

The accommodation is arranged over two floors and is of timber frame construction under a pitched thatched roof. The Ground Floor measures approx. 69.97sq.m. (753sq.ft.) and the First Floor measures approx. 41.41sq.m (442sq.ft.). The premises also includes a number of temporary outbuildings.

PlanningThe property has been used as a butchers falling under Class A1 Retail of the Town and Country Planning (Use Classes) Order 1987. Alternative uses falling may be suitable subject to obtaining any necessary planning consents. Interested parties are advised to make their own enquiries of South Cambridgeshire District Council Planning Department on 08450 450 500.

We understand that the property is entered into the VOA Rating List 2010 with a rateable value of £4,950 and therefore the rates payable for 2015/16 will be £2,440.

Cheffins Commercial Department 01223 213666*Guides 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 (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Map & Street View

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Cheffins Residential, Property Auctions on 01223 213777.

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