Retail in CB7

St. Marys Street, Ely, Cambridgeshire, CB7 4ES

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Online auction

  • Freehold Property
  • Vacant Possession
  • Commercial & Residential
  • Viewing Highly Recommended

Retail in CB7

FOR SALE BY AUCTION: terms and conditions apply.

The property is a 3-storey commercial building which has a cellar, first floor office/retail space with shower room and kitchen and a first floor one bedroom flat. The property has part double glazing and gas central heating and is located in a prime position, just off the City High Street.

Office 1 - 4.65m x 4.47m (15'3" x 14'8") Multi-paned entrance door into small entrance lobby. Double glazed window to the front aspect. Fusebox. Two fluorescent strip lights. Steps down to cellar.

Office 2 - 4.29m x 3.05m (14'1" x 10'0") High level window to the side aspect. Fluorescent strip lighting.

Kitchen - 2.82m x 2.39m (9'3" x 7'10") Understairs storage cupboard with hot water tank and shelving. Sliding door to Shower Room. Doorway to stairwell leading to the first floor and UPVC double glazed door to the side. Window to the side aspect. Single bowl stainless steel sink. Radiator. Fluorescent strip lighting.

Shower Room - 1.37m x 1.14m (4'6" x 3'9") Shower cubicle to corner. Low level WC. Corner wash basin. Ceiling light point.

Cellar - 4.65m x 4.47m (15'3" x 14'8") Power and light. Exposed brick walls.

Landing - 2.44m x 1.68m (8'0" x 5'6") Ceiling light point. Sliding door to Shower Room.

Shower Room - 2.44m x 1.24m (8'0" x 4'1") Shower cubicle. Low level WC. Pedestal wash Basin. Heated towel rail. Extractor fan. Ceiling light point.

Kitchen/Diner - 4.19m x 3.05m (13'9" x 10'0")

Living Room - 4.47m x 3.84m (14'8" x 12'7") Two sash windows to the front aspect. Radiator. Access to loft space. Coved ceiling with light point. Telephone point.

Bedroom - 2.82m x 2.39m (9'3" x 7'10") Double glazed window to the side aspect. Radiator. Ceiling light point.

Property Information Local Council is East Cambridgeshire District Council The property is Freehold with registered title CB Flood risk is very low Restrictions apply but there are no Wayleaves, Easements or Rights of Way according to the seller. Estimated Broadband speeds are Standard mbps, Superfast mbps & Ultrafast mbps

Location:
St. Mary's Street (CB7 4ES) in Ely, Cambridgeshire, is a highly desirable, historic area located in the heart of the city, just a short walk from Ely Cathedral and the River Great Ouse. Known for its charm, the street features historic homes and provides easy access to the city's market, shops, and transport links to Cambridge and London.

Summary

  • Property Type: Retail
  • Tenure: Freehold
  • Parking: Off Street

Description

The property is a 3-storey commercial building which has a cellar, first floor office/retail space with shower room and kitchen and a first floor one bedroom flat.

Location

Located in a prime position, just off the City High Street.

EPC

Rating D

Tenure

Title number; CB228921 - Freehold

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Floor Plan

Floor Plan

This property is being sold subject to unconditional reservation fee auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. 

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
​£250,001 to £750,000 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

There is no legal pack for this property.