173 & 173A Mill Road, Cambridge, Cambridgeshire, CB1 3AN

Property Details: • Type: Mixed Use • Tenure: N/A • Floor Area: N/A

Key Features: • Mixed use, two-storey building • Popular and vibrant location • For sale freehold with vacant possession

Location: • Nearest Station: Cambridge Station • Distance to Station: 0.4 miles

Agent Information: • Address: Clifton House, 1 & 2 Clifton Road, Cambridge, CB1 7EA

Full Description: For Sale by Public Auction on 5th March 2025

£450,000-£500,000

Mixed use, two-storey building Popular and vibrant location For sale freehold with vacant possession Of interest to owner-occupiers and investors Description A rare opportunity to purchase a vacant freehold two storey building of masonry construction fronting Mill Road, with a later single-storey extension to the rear. The ground floor provides a commercial unit, most recently used as a beauty salon. The first floor provides a a one-bedroom flat that has been recently refurbished to a modern specification, providing a generous living room, kitchen, bedroom, and shower room. To the rear of the property is a garden which is laid to paving stones, with pedestrian access from Catharine Street. Both commercial and residential parts are accessible from the rear garden.

To the rear of the property is a garden which is laid to paving stones, with pedestrian access from Catharine Street. Both commercial and residential parts are accessible from the rear garden.

Accommodation The property comprises the following approximate gross internal areas:

Ground Floor 73.90 sq m 797 sq ft First Floor 43.63 sq m 470 sq ft Total 117.53 sqm 1,266 sq ft

Location Mill Road is a main arterial route into the city centre from the city's south eastern outskirts and is an established shopping destination and densely populated residential area. Surrounding the property is a vibrant mix of local traders and speciality shops together with various restaurants, cafes and bars. The property occupies a prominent trading position and benefits from high footfall.

Cambridge Railway Station is approximately a ten-minute walk from the property, whilst the City Centre is approximately a twenty-minute walk away. There is on-street resident parking on many of the residential streets off Mill Road, permits required.

Planning The ground floor unit has been used under Classes A1 (Retail), A2 (Financial & Professional Services), and Sui Generis (Treatment Rooms). Other uses falling under Class E such as office, caf, restaurant, coffee shop, day nursery or clinic may be permitted STP.

The first floor has been used for residential purposes. Interested parties are advised to speak with Cambridge City Council Planning department regarding their proposed use.

Outgoings Business Rates The ground floor unit is rated as follows:

Rateable Value (2023 Rates List): £17,750 Rates Payable: (2024/25) £8,857

Council Tax The residential flat is within valuation band B. The Council Tax payable for the year 2024/25 will therefore be £1,749.18.

Viewing Cheffins Commercial Department

*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.BrochuresAddendumLegal Documents