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Land on the north side of Newmarket Road, Cambridge, Cambridgeshire, CB5 8HA

Guide Price
£225,000
Cheffins Residential, Property Auctions
PROPERTY TYPE

Land

SIZE

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Key features

  • 0.04 acres (0.01 ha) of land
  • Development potential STP
  • No development overage clause

Description

For Sale by Public Auction on 12th June 2024

£225,000-£250,000

0.04 acres (0.01 ha) of land
Development potential STP
No development overage clause
Situated within a mixture of residential and commercial properties
Description
A rare opportunity to acquire 0.04 acres (0.01 hectares) of prime amenity land, directly fronting Newmarket Road, Cambridge.

A palisade fence defines the southern boundary with a pair of metal gates, with direct vehicular access off Newmarket Road (A1134), via a dropped kerb. The eastern and western boundaries are marked by neighbouring residential and commercial properties, whilst the remainder of the boundaries comprise of a timber closed board fence.

The site is relatively flat, level and regular in shape, with excellent road frontage. The ground is made up of a combination of concrete and crushed aggregate.

The site is identified within the Cambridge Policies Map 2018, as an Opportunity Area' and this forms part of the Local Plan 2018.

Historically, the land has been occupied by a used car sales business. To date, development for alternative uses has not been explored and therefore providing an excellent opportunity.

The land is being sold without a development overage.

The land is not connected to any services.


Location
The property is ideally positioned on Newmarket Road (A1134) which is a bustling arterial route into the heart of Cambridge. The site is located a short walk from a range of commercial and retail areas which includes; Cambridge Retail Park, Grafton Centre and the Beehive Centre.

Grid Reference: TL46365892
What3words: ///amber.demand.glare

General Remarks & Stipulations
The land is sold subject to and with the benefit of any wayleaves, easements, covenants and rights-of-way that may exist. All sporting, mineral and timber rights are included in the sale so far as they are owned. Please refer to the Auction Legal Pack for details.


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Cheffins Property Auction Dept

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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.

Brochures

Legal Documents

Land on the north side of Newmarket Road, Cambridge, Cambridgeshire, CB5 8HA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cambridge Station1.1 miles
  • Cambridge North1.3 miles
  • Shelford Station4.2 miles
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About the agent

Cheffins Residential, Property Auctions

Clifton House, 1 & 2 Clifton Road, Cambridge, CB1 7EA

Cheffins Residential, Property Auctions

Cheffins Eastern Counties Land and Property Auctions offer an extensive range of residential, commercial, land and farming properties in a public auction forum. The auctions take place quarterly throughout the year from purpose built sale rooms on Clifton Road in Cambridge. Selling a property through auction offers a transparent, quick and effective method of sale giving both buyers and sellers the confidence of a completion within a short time frame.

Cheffins auctioneers are governed b

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Notes

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Disclaimer - Property reference 241975. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cheffins Residential, Property Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Cheffins Residential, Property Auctions on 01223 972814.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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