July 2022: Tuesday 19 July 2022 - 9:00am
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    Key features

    • Residential Development Opportunity
    • Planning Permission granted for conversion of upper parts to two spacious two bedroom flats
    • Currently comprises approximately 197.78 sq m (2,129 sq ft) with planning for further floor space
    • Includes rear area with a car port and timber studio which may benefit from future development potential
    • Affluent and attractive Cambridgeshire town

    Description

    The property comprises an attractive Grade II Listed building arranged over ground, first and second floors, together with a rear courtyard containing a car port and a single storey timber studio. The property is currently arranged as one three bedroom flat.

    Additional information

    Tenure

    New 125 year lease from completion at a peppercorn.

    Accommodation

    Please note that the measurements are approximate and have been provided by the vendor; the property has not been inspected by Savills.


    Total existing floor area:


    Ground Floor - 19.37 sq m (208 sq ft)

    Rear Studio - 65.00 sq m (700 sq ft)

    First Floor - Living Room, Kitchen, Bedroom, Bathroom - 64.96 sq m (699 sq ft)

    Second Floor - 2 bedrooms (48.45 sq m (522 sq ft)


    Total approximate existing floor area - 197.78 sq m (2,129 sq ft)


    Tenancy

    Vacant Possession.

    Planning

    Residential development opportunity, of particular interest to developers, builders, or owner occupiers looking for their own project. The property comprises an existing Grade II Listed building set over 3 floors, and a rear courtyard containing a car port and single storey timber studio. Planning Permission has been granted (21/01855/FUL with Huntingdonshire District Council) to convert and extend the existing building into two spacious two bedroom apartments. Further permission may be sought to create 3 apartments in the same space instead, 1 x 2 bedroom and 2 x 1 bedroom (subject to planning). A conceptual drawing of the potential layout for 3 apartments will be included in the auction pack. The rear area provides a wealth of opportunities for development subject to planning, including residential and/or commercial units. A conceptual drawing of a potential block of 4 residential dwellings will be included in the auction pack. The freeholder will retain the ground floor retail unit, and reserve the right to store up to 2 wheelie bins in the rear courtyard area for the benefit of the retail unit.

    Rent

    Vacant Possession

    Notes

    Please note the site areas provided are approximate. The photos and red/yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      St Neots is a rapidly expanding town located on the banks of the River Great Ouse with a population of well over 30,000 residents. St Neots is among the fastest growing settlements in the county. Benefiting from its rail links to London Kings Cross (typical journey time of 45-55 minutes), the town has seen a considerable expansion of its commerce and industry in recent years. St Neots also enjoys excellent road communications with London and the east coast ports, being located at the intersection of the A1 trunk road and the A428/A421 Cambridge – Bedford M1 - Milton Keynes route. The property is located in a prominent location on the north side of High Street, with nearby occupiers including M&S Simply Food, Boots the Chemist, Superdrug, Holland & Barrett and Card Factory.

      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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