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High Street, Newmarket, Suffolk, CB8

Guide Price
£600,000

£193.55 per sq ft

Business rates & charges may apply

Lacy Scott & Knight Commercial, Stowmarket
SIZE AVAILABLE

3,100 sq ft

288 sq m

SECTOR

Commercial property for sale

Description

Mixed commercial and residential investment opportunity on Newmarket High Street. Full occupancy with a current passing rent of £47,300 and anticipated yield of 7.9% based on the Guide Price.

LOCATION
156-158 High Street is located on the Newmarket High Street with nearby access to the A14 providing excellent access to other major towns and cities, including Bury St Edmunds and Cambridge.

ACCOMODATION
156-158 High Street is an end of terrace mixed use building of brick construction with a pitched and tiled roof offering both commercial and residential use. The ground floor comprises 2 commercial units, and a 1-bedroom flat, while the first-floor level comprises a further two, 2-bedroom flats. One of the ground floor offices is currently occupied by an Estate Agent, while the other is occupied by a private hair salon.

AVAILABILITY - Freehold For Sale subject to the existing tenancies.

ENERGY PERFORMANCE CERTIFICATE (EPC)
158 – Hair Salon C (54)
156 – Estate Agents C (61)
156a – 1F 2 Bedroom Flat D (63)
158a – 1F 2 Bedroom Flat C (72)
158b – GF 1 Bedroom Flat C (70)

INTERNAL AREAS APPROX:
156 High Street (NIA) 77.11 Sq M 830 Sq Ft

158 High Street (NIA) 29.16 Sq M 314 Sq Ft
Flat 156A (GIA) 74.32Sq M 800 Sq Ft
Flat 158a (GIA) 71.95 Sq M 774 Sq Ft
Flat 158b (GIA) 35.69 Sq M 384 Sq Ft
Total 288.23 Sq M 3,102 Sq Ft

BUSINESS RATES AND OCCUPANCY
158 – Hair Salon £8,600 RV 2026 - Occupied
156 – Estate Agents £4,750 RV 2026 - Occupied
156a – 1F 2 Bedroom Flat Council Tax - A -Occupied
158a – 1F 2 Bedroom Flat Council Tax - A -Occupied
158b – GF 1 Bedroom Flat Council Tax - A -Occupied

All interested parties should make their own enquiries with West Suffolk District Council regarding their rates liability, and/or intended use with regard to planning.

WHAT3WORDS - usage.cosmetic.soaps

VIEWING AND FURTHER INFORMATION
Contact Lacy Scott & Knight Commercial:
Will D’Arcy

DISCLAIMER
We are mandated by HMRC to carry out Anti Money Laundering Checks. We outsource these checks to our compliance partners at Coadjute and they charge a fee for the service. If you have had an offer accepted Coadjute will contact you on our behalf. The cost of these checks is £33 (including VAT) per person and is non-refundable. The fee will need to be paid prior to issuing a memorandum of sale. Lacy Scott & Knight do not receive any commission for this service.

Brochures

High Street, Newmarket, Suffolk, CB8

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newmarket Station0.4 miles
  • Dullingham Station3.2 miles
  • Kennett Station4.4 miles

About Lacy Scott & Knight Commercial, Stowmarket

Lacy Scott & Knight, Market Place, Crowe Street, Stowmarket, IP14 1DN

Lacy Scott & Knight is a firm of Chartered Surveyors with a history of over 150 years’ experience in Mid and West Suffolk. We offer agency and professional services for all types of commercial property in the region, with the knowledge and experience required to meet the high expectations of clients.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference STS260128. 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 Lacy Scott & Knight Commercial, Stowmarket. 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.