November 2021: Wednesday 10 November 2021 - 9:00am
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    Key features

    • A detached former convent building with the surrounding buildings
    • Former stable block arranged as three separate residential dwellings
    • Set on an impressive site of approximately 3.76 acres
    • Total accommodation approximately of 15,320 sq ft
    • Two buildings are currently let on AST's at £30,900 per annum, the rest vacant

    Description

    Detached former convent building

    Extension to the convent building arranged as two separate apartments and three office rooms

    Former stable block arranged as three separate residential dwellings

    Detached two bedroom cottage

    Extensive walled grounds of just under 4 acres with vehicular access

    Additional information

    Tenure

    Freehold

    Accommodation

    Convent of St Louis (Louisville)

    Cellar - Three Rooms

    Ground Floor - Entrance Porch, Entrance Hall, Four Rooms, Kitchen, Inner Hall, Cloakroom/WC, Rear Lobby, Utility Room, Two Ensuite Bedrooms,

    First Floor - Seven Bedrooms (Three with Ensuite/WCs), Kitchenette, Bathroom/WC


    Extension to the main convent:

    Apartment 1 - Entrance Hall, One Room, Kitchen, Two Bedrooms with Ensuite Bathrooms

    Apartment 2 - Entrance Hall, One Room, Kitchen, Two Bedrooms with Ensuite Bathrooms

    Office Accommodation - Reception Lobby, Archive office, Archive store, Inner hall, Two room office, Shower Room/WC


    The Old Stable Block:

    1 Sussex Lodge

    Ground Floor - Entrance Hall

    First Floor - One Room (access to roof terrace), Kitchen, Three Bedrooms, Bathroom/WC

    2 Sussex Lodge

    Ground Floor - Entrance Porch, Entrance Hall, Two Rooms, Kitchen, Shower/WC

    First Floor - Separate WC, Three Bedrooms

    3 Sussex Lodge

    Ground Floor - Entrance Hall, Two Separate WCs, Lounge Area, Utility Room, Dining Room, Kitchen, Two Rooms,

    First Floor - Six Bedrooms (One Ensuite Bathroom/WC)

    Outside - Double Garage


    Colmer Cottage

    Ground Floor - Entrance Hall, Two Rooms, Kitchen, Utility Room, Shower/WC

    First Floor - Two Bedrooms with Ensuite Bathroom/WC


    Tenancy

    Former Convent Building - let on an AST at a rent of £1,700 per calendar month (includes cleaning window cleaning gardening).*Temporary reduced rent due to personal circumstances*

    Colmer Cottage - let let on an AST at a rent of £875.00 per calendar month

    Rent

    Total current rent £30,900 per annum

    Notes

    The rent on the convent building is reduced by half at the moment due to personal circumstances

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      Local information

      Newmarket is a market town close to the Cambridgeshire Suffolk boarders with a population of some 20,000. It is located 60 North East of London and 13 miles east of Cambridge.

      Newmarket is well known as a national centre for horse racing. At the current time there in excess of 50 horse training establishments together with two of the largest equine hospitals in the country There are also large science parks located in nearby Cambridge .

      The property is located on the Fordham Road less than a mile from the centre of town with ready access to the famous racecourse and gallops

      There is good road access to the A14 A11 M11 and A1 trunk roads.

      Newmarket has its own railway station which provides good regional connections. Stanstead airport is approximately 33 miles to the south and is easily reached by the M11.

      Transport

      National Rail - Newmarket

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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