Rutland Arms Hotel High Street, Newmarket, Suffolk for sale in Newmarket - Cheffins Commercial

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£1,250,000

Rutland Arms Hotel High Street, Newmarket, Suffolk, CB8 8NB

23,207_Sq.ft

[email protected] 07827 134685

Alexander Smith

About this property

Key features

Exceedingly rare opportunity to acquire a substantial and imposing Grade II Listed, 17th century building
Situated in central Newmarket and occupying a prominent position on the High Street, with excellent visibility in all directions
Historically in hotel use, but could be suitable for residential or other business uses (STP)
The interior has been fully stripped back to allow a new owner to commence refurbishment and fit out works immediately
Extant planning permission for the creation of a 72-bed boutique hotel, reference DC/19/0079/FUL
Building comprises a total approximate Gross Internal Area of 2,156 sqm (23,207 sq ft)
Freehold Title includes adjacent land parcel on Palace Street, which totals 0.27 acres of undeveloped land
For sale with vacant possession

Description

Exceedingly rare opportunity to acquire a substantial and imposing Grade II Listed, 17th century building situated in central Newmarket and occupying a prominent position on the High Street, with excellent visibility in all directions. Historically in hotel use, but could be suitable for residential or other business uses (STP).