The sale of 122 High Street, Newmarket provides an opportunity to purchase an investment in central Newmarket with the benefit of residential planning consent. The property is currently set over two floors with permission to create a third floor for residential use. Planning consent has been granted to change the use of the ground floor from retail (A1) to food and drink (A3)
7,734 sq ft (718.50 sq m)
• Planning consent for nine residential units (planning ref: DC/17/2674/FUL)
• Planning consent for change of use of ground floor to A3 (planning ref: DC/17/2619/FUL)
• Well located investment in town centre location
• Sold subject to existing tenancy on the ground floor at a current passing rent of £65,000 per annum. Lease expiry 9 August 2021.