Restaurant/cafe for sale in High Street, Newmarket, Suffolk CB8

POA
Restaurant/cafe for sale 7,734 sq. ft*
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Property description

The sale of 122 High Street, Newmarket provides an opportunity to purchase an investment in central Newmarket with the benefit of residential planning consent. The property is currently set over two floors with permission to create a third floor for residential use. Planning consent has been granted to change the use of the ground floor from retail (A1) to food and drink (A3)

7,734 sq ft (718.50 sq m)

Planning consent for nine residential units (planning ref: DC/17/2674/ful)

Planning consent for change of use of ground floor to A3 (planning ref: DC/17/2619/ful)

Freehold

Well located investment in town centre location

Sold subject to existing tenancy on the ground floor at a current passing rent of £65,000 per annum. Lease expiry 9 August 2021.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Bidwells, CB2 on +44 1223 784878 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bidwells, and do not constitute property particulars. Please contact Bidwells for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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