85 High Street Newmarket Suffolk CB8 8UG

85 High Street
Newmarket
Suffolk
CB8 8UG

Freehold Retail Investment (with future redevelopment potential)

Entirely let to Moons Toy Superstores Limited
Includes site/car parking to the front
Future Change of Use/Redevelopment potential (subject to lease and consents)
Attractive Grade II Listed Building
VAT-free investment
Town centre location with nearby occupiers including Boots the Chemist, WHSmith, Pizza Express, Greggs and Caffe Nero

Lot
19
Auction
11th February 2021
Rent
£37,500 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Live Streamed Auction

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Freehold Retail Investment (with future redevelopment potential)

Entirely let to Moons Toy Superstores Limited
Includes site/car parking to the front
Future Change of Use/Redevelopment potential (subject to lease and consents)
Attractive Grade II Listed Building
VAT-free investment
Town centre location with nearby occupiers including Boots the Chemist, WHSmith, Pizza Express, Greggs and Caffe Nero

Lot 19
Auction 11th February 2021
Rent £37,500 per Annum Exclusive
Status Sold Prior
Price
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 12 miles east of Cambridge
Roads: A11, A14
Rail: Newmarket
Air: London Stansted

Situation

Newmarket is a market town known globally for being the home of British horse racing, with the racecourse located about one mile from the property. The property is situated in a central location on the south side of High Street, close to retailers including Boots the Chemist, WHSmith,
Pizza Express, Greggs and Caffe Nero.

Tenure

Freehold.

Location

Miles: 12 miles east of Cambridge
Roads: A11, A14
Rail: Newmarket
Air: London Stansted

Situation

Tenure

Freehold.

Description

The property, which is Grade II Listed, comprises a three storey building arranged as a shop trading on the ground and first floors, ancillary accommodation arranged on the basement and second floors. The property benefits from a yard to the front with parking for approximately six cars.

VAT

VAT is not applicable to this lot.

EPC

See legal pack at www.acuitus.co.uk.

Description

VAT

VAT is not applicable to this lot.

EPC

See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x
Ground First Second Basement	Retail/Ancillary Retail/Ancillary Ancillary Ancillary	213.48 sq m 87.13 sq m 68.00 sq m 58.80 sq m	(2,298 sq ft) (938 sq ft) (732 sq ft) (633 sq ft)	MOONS TOY SUPERSTORES LIMITED (1) with a personal guarantee	15 years from 21/01/2008 until 20/01/2023 on a full repairing and insuring lease	£37,500
Total		427.41 sq m	(4,601 sq ft)			£37,500

(1) www.moonstoystore.com. The tenant is currently paying a personal concessionary rent of £15,000 per annum.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.