Property Information
Address:
141 Newmarket Road Cambridge Cambridgeshire CB5 8HA
,
CB5 8HA
Price: Property no longer available.
Size: 1884 sq ft175 sqm
Primary Category: Leisure
All Categories:
Leisure,
Property Ref/Movehut: MH565512
Property Ref/Agent: 235
*Please use the agent ref when calling the agent directly.
Property description
Substantial detached Cambridge freehold
Key Points
3,035 sq ft Net Internal Area - (282 sq m)
Central Cambridge detached freehold
Successful letting business with development potential, subject to the necessary consents
4 s/c Apartments, plus commercial space
Dedicated rear parking and storage areas
Vacant possession sale
Location
Casey's Yard is located in central Cambridge a short distance east of the main commercial and retail centre and Parkers Piece. The property is located opposite Beacon Rise, Travel Lodge, and within walking distance to the Grafton Centre, Cambridge Retail Park and The Beehive.
Property
Casey's Yard is a substantial detached brick built 3 storeybuilding under pitched slate roofwith single storey rear extensions, comprising 4 self contained apartments, commercial space, plus dedicated rear car parking. In summary:
Apartment 1 comprises 3 bedrooms, living room, kitchen, 2 bathrooms and private patio garden.
Apartment 2 comprises 1 double bedroom, large living room, galley kitchen and bathroom (video link).
Apartment 3 comprises 1 double bedroom, large living room, kitchen and bathroom (video link).
Apartment 4 comprises 1 double bedroom, 1 additional living room with double bed, kitchen, bathroom and balcony(video link).
Commercial workshop space is located at ground floor level with dedicated entrance, plus laundry room and storage. This is predominantly single storey and offers scope to extend or develop, subject to planning. Externally the property provides access off Newmarket Road to a dedicated rear parking and storage area.
Measurements
The area of the site, as measured from digital mapping, is approximately 485m or 0.12 acres and the ground floor footprint (GEA) extends to 175m (1,884 sq ft), including the workshop.
The net internal area of the residential accommodation is approximately in the region of 223 m / 2,340 sq ft with an additional 65 m / 695 sq ft of commercial space.
Planning
We are advised that the property is not Listed but is situated within a Conservation Area.Prospective purchasers are advised to make their own enquiries toCambridge City Councilatwww.cambridge.gov.ukor by telephone on0.
Trading information
The property is trading as a successful and highly profitableletting business, administered throughTripadvisorwith excellent reviews (link). Tariff ranges between 110-165per night,Apartment 2-4. Further trading informationcan be made available to genuinely interested parties.
There is potential to reconfigure +/or extend thebuilding further to provide alternative income streams andincrease turnover, subject to the necessary consents.
Rates & Charges
Business Rates
Available on enquiry
Council Tax
Available on enquiry
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