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High Street 127, Richmond House, Newmarket, Suffolk, CB8 9AE

From
£1,250,000

£231.01 per sq ft

Business rates & charges may apply

Cheffins Commercial, Cambridge
SIZE AVAILABLE

5,411 sq ft

503 sq m

SECTOR

Office for sale

Key features

  • Prominent High Street location
  • Excellent location close to shops, restaurants and other amenities
  • Excellent location close to shops, banks and other amenities
  • 4 commercial units with 5 flats above.
  • Current income: £79,450
  • ERV: £85,650
  • Guide Price: £1,250,000
  • Reflects a net yield at the ERV of 6.43% (assuming purchasers costs at 6.5%)

Description

Freehold mixed use investment situated on Newmarket High Street.

Richmond House is an attractive four storey building, which is split into commercial and residential space with office suites at ground and lower ground floor level and residential apartments at ground floor and on the floors above.

This investment currently generates a gross income of £79,450 per annum. The estimated rental value is £85,650.

For further information please contact Edward Dodson or Freddie Wootton on

Brochures

High Street 127, Richmond House, Newmarket, Suffolk, CB8 9AE

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newmarket Station0.3 miles
  • Dullingham Station3.1 miles
  • Kennett Station4.5 miles

About Cheffins Commercial, Cambridge

Clifton House, 1 & 2 Clifton Road, Cambridge CB1 7EA

Established in 1825 Cheffins is one of the oldest and best known firms of Surveyors, Valuers, Auctioneers and Estate Agents in East Anglia. We operate from five offices including Cambridge, Saffron Walden, Newmarket, Ely and Haverhill; we also have an office on St James's Place in London.

Cheffins Commercial has a proven track record in commercial property deals. Whether you're looking for office, retail, industrial, R&D/lab space to acquire, sell or let, our team of commercial property experts are here to help you buy, sell or let the perfect premises on the best possible terms.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 204662FH. 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 Cheffins Commercial, Cambridge. 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.

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