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Just added
Auction
Freehold
Guide price
£350,000
Industrial for sale
Lynn Road, Ely CB7Local area information
Property location
Nearby amenities
- The King's School Ely 0.3 miles
- Highfield Ely Academy 0.3 miles
- Ely 0.6 miles
- Littleport 4.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Ely to find out more about the local area.
Features and description
- Freehold
For sale by auction on Wednesday, 30 Jul 2025 at 10:00
Venue: Livestream Auction
Investment opportunity for four freehold shops and former first floor art gallery in the centre of Historic Cathedral City of Ely
A great investment opportunity available in the centre of Ely with good road side frontage and passing trade which fronts onto Lynn Road and St Marys Road. The property offers potential for a new owner to buy as either a buy to let investment, run a business/businesses from or look at the redevelopment opportunities subject to the relevant consents being in place.
We have been advised that the whole property was let on a long term lease and the rent could achieve in the region of £36,000-£38,000 per annum with some internal improvements. Please note this is just a guide and buyers are advised to make their own independent enquiries.
Accomodation
Currently 1a St Marys Road is a sweet shop and is tenanted on a flexible arrangement and the tenant may consider a more permanent arrangement with a new owner.
1 Lynn Road is a former 1st floor art studio/gallery and basement room which could be used for storage which has previously been used for selling records. Please note there is a separate access via a gate through to an inner courtyard with a door leading upstairs for anyone considering redeveloping upstairs. Some buyers may wish to look into the possibly of converting upstairs to a two bedroom residential apartment which could work well given the location for an Air bnb or to live in subject to the relevant consents.
1a Lynn Road has been recently used as a bookshop which has a kitchen and W/C.
1B Lynn road is currently a computer shop and the tenant is on a flexible arrangement who may consider a more longer term arrangement with a new landlord.
EPC Rating: 1,1a & 1b Lynn Road - C
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* 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.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
Investment opportunity for four freehold shops and former first floor art gallery in the centre of Historic Cathedral City of Ely
A great investment opportunity available in the centre of Ely with good road side frontage and passing trade which fronts onto Lynn Road and St Marys Road. The property offers potential for a new owner to buy as either a buy to let investment, run a business/businesses from or look at the redevelopment opportunities subject to the relevant consents being in place.
We have been advised that the whole property was let on a long term lease and the rent could achieve in the region of £36,000-£38,000 per annum with some internal improvements. Please note this is just a guide and buyers are advised to make their own independent enquiries.
Accomodation
Currently 1a St Marys Road is a sweet shop and is tenanted on a flexible arrangement and the tenant may consider a more permanent arrangement with a new owner.
1 Lynn Road is a former 1st floor art studio/gallery and basement room which could be used for storage which has previously been used for selling records. Please note there is a separate access via a gate through to an inner courtyard with a door leading upstairs for anyone considering redeveloping upstairs. Some buyers may wish to look into the possibly of converting upstairs to a two bedroom residential apartment which could work well given the location for an Air bnb or to live in subject to the relevant consents.
1a Lynn Road has been recently used as a bookshop which has a kitchen and W/C.
1B Lynn road is currently a computer shop and the tenant is on a flexible arrangement who may consider a more longer term arrangement with a new landlord.
EPC Rating: 1,1a & 1b Lynn Road - C
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* 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.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Floor plans and tours
Floor plans (1)
More information
Listed by
Auction House East Anglia
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