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COMMERCIAL

Granby Street, Littleport, CB6

Guide Price
£380,000
iad, Nationwide
PROPERTY TYPE

Restaurant

SIZE

4,004 sq ft

372 sq m

Key features

  • For sale by Modern Method of Auction
  • Ensuite bathroom in the Master bedroom upstairs
  • Property is fully vacant and ready to move into
  • Strong rental and refurbishment potential
  • Double garage and additional parking for larger vehicles

Description

REF: LH67. Just launched by Modern Method of Auction – a rare and exciting semi-commercial opportunity in the heart of Littleport, Cambridgeshire.

Formerly an Indian restaurant and now offered vacant, this substantial end-of-terrace property is ready for its next chapter. Whether you're an investor, entrepreneur or developer, the potential here is hard to ignore.

The ground floor offers a ready-made restaurant layout including two separate dining areas, Bar area, commercial kitchen & storage, customer toilets and a feature brick fireplace in the main restaurant.

Outside, there’s generous parking with a double garage, driveway and a large additional parking area to the side of the property - ideal for storage, delivery vehicles or future reconfiguration. There is also an outside yard, with a potential for additional outdoor seating.

Upstairs sits an impressively sized flat with fantastic proportions throughout. Originally a 4-bedroom, it has been reconfigured into 6 bedrooms, offering strong rental potential. There are two bathrooms, including an en-suite to the principal bedroom, plus a spacious reception area.

Please note: there is currently no kitchen installed in the flat upstairs, but there is ample space to install.

The property would now benefit from modernisation, but this is reflected in the opportunity on offer. The previous owner achieved £2,000pcm (frozen since the pandemic), presenting clear scope for review and uplift once refurbished.

Granby Street enjoys a central village position within Littleport, just moments from Littleport railway station, offering direct links to Ely, Cambridge and London. The nearby A10 provides easy access to Cambridge and the A14.

The village offers well-regarded schooling including Littleport Community Primary School and Millfield Primary School, with secondary provision at Vista Academy. The cathedral city of Ely is just a short drive away, providing an excellent range of shopping, leisure and cultural amenities.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Granby Street, Littleport, CB6

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Littleport Station0.5 miles
  • Shippea Hill Station4.8 miles
  • Ely Station4.9 miles
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At iad UK, we’re a growing network of self-employed estate agents who each operate with the dedication and flexibility of local business owners, fully supported by one of Europe’s largest estate agency groups.

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference RX750291. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by iad, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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 iad, Nationwide on 03330 382150.

*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.”

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