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12 bed property, in Newmarket Road, £1,500,000
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Land

Newmarket Road, Cambridge, CB5 8HA
£1,500,000
Freehold

The property is located at the intersection of Newmarket Road and Godesdone Road in Cambridge, covering approximately 0.12 acres. It consists of two retail units, three residential units, and a series of workshops, with a small rear courtyard. The site currently generates an annual rental income of £56,740 through the existing units. The approved development scheme will replace the existing buildings with a mixed-use scheme comprising a ground floor retail unit (1,237 sq ft), 5,575 sq ft of residential accommodation, and ancillary space, including 12 one-bedroom apartments, cycle parking, and a shared amenity space.