Auction House / Lincolnshire

  • For Sale By Unconditional Online Auction
  • Guide Price* : £5,000+
  • Auction Ended 18/06/2024
  • Lot 10

Garage 3 to the Rear of Wall Street, Gainsborough, Lincolnshire, DN21 1HZ

*ONLINE Unconditional Auction Opening 18th June 2024*
To register for the legal pack and bidding, please visit our website:: auctionhouse.co.uk/lincolnshire

Description

Situation:
The site is situated close to the heart of the market town of Gainsborough, and its wealth of facilities and amenities. Marshalls Yard retail and leisure complex, along with major retailors Tesco and McDonalds are also in proximity. Gainsborough itself offers excellent access to the surrounding towns of Retford and Scunthorpe, and Cities of Lincoln and Doncaster.

Description:
A rare opportunity to acquire a garage in this prime position in the heart of this popular town. The site comprises a good-sized garage building which may be an interesting and worthwhile investment opportunity with similar garage units being let in the vicinity generating a significant yield.


Material Information

Tenure:
The garage is leasehold on a term of 999 years from 1 January 2021. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack.

Council:
The property falls within West Lindsey District Council

Possession:
Vacant possession will be given upon completion.

Viewing:
At any reasonable time during daylight hours. All persons viewing should be aware that they enter the site entirely at their own risk.

Services:
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.

Lease Start Date

01/01/2021

Lease Duration

999 years (996 years unexpired)

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Buyers Premium

Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel

Administration Charge

Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel

Disbursements

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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* Guide | £5,000+
  • Unconditional (Immediate Exchange)

Call the team on 01427 616436 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.