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ONLINE AUCTION from 7th OCTOBER - 9th OCTOBER 2025
This is a great opportunity to open a new business in the most central location to Essex/Cambridge. The property is located on the A1017 connecting the counties of Cambridgeshire, Suffolk and Essex.
A huge building, that you must come and view to really appreciate the potential this building has to offer. Previously used as a wedding venue, dance studio, theatre plays, the options are endless. It has so much potential, even if you wanted to open 2 businesses in 1 building and split accordingly (subject to necessary planning). There are 3 entrances to the building.
Enquiries have come through to potentially rent the building as a gym, or yoga fitness studio. And other enquiries for rental have come from catering companies as a base for educating catering schools etc and even as an office hub. this building if kept as 1, could potentially be rented out for £1,600 a month on a commercial lease.
It has 3 separate toilets, 1 disabled, 1 male room and 1 female room.
It also has an upstairs where something separate can be operated, or even office space.
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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