Auction House / Lincolnshire

  • For Sale By Unconditional Online Auction
  • Guide Price* : £140,000 - £160,000
  • Auction Ended 25/06/2024
  • Lot 1

3/3a Silver Street, Gainsborough, Lincolnshire, DN21 2DT

*ONLINE Unconditional Auction Opening 24th June 2024*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire

Description

Situation:
The property occupies a prominent position within the heart of the Lincolnshire market town of Gainsborough. This retail area of Gainsborough’s is in the heart of the market place is well positioned to capture passing trade on foot with nearby retailers including B&M, Halifax Bank, Barries Antique Stores, Travel Agents, News Agents, Fast Food Take Aways, Restaurants and Public Houses. Gainsborough is well positioned for access to the surrounding towns of Scunthorpe and Retford and the cities of Lincoln and Doncaster.

Description:
A wonderful opportunity to acquire this historic and well-proportioned, mixed-use property with versatile accommodation arranged over three floors and including retail area, along with 2 separate flats.
The building is let on a long lease generating £14,000 per annum, with the front retail shop currently operating as a fast food takeaway, and the rest of the building retains many fantastic and original features and would work for a variety of different uses subject to the necessary consents.
This property presents an ideal opportunity to continue the restoration of the heritage buildings of Gainsborough. We further understand that West Lindsey District Council have a range of potential grants on offer to assist with the restoration and improvement of this building. For more information, please contact West Lindsey District Council directly.

ACCOMMODATION
Commercial with two flats

FROM THE FRONT OF THE BUILDING FRONTAGE TO SILVER STREET

With good size windows and door leading to the primary service area with wide range of kitchen and bathroom service equipment, tiled floors. Door leading to

Rear Preparation Area
With plumbing and extractor units and further access to the

Rear Preparation Room
with tiled floor and ample provision for freezer space and preparation area along with large fridge room and door to the

Rear Lobby
With access to the service alley at the side of the property.

From the Inner lobby stairs rising to the first floor landing

With storage cupboard, radiator, window to side elevation, door to

Main Living Area
With two windows to the front elevation, radiator, door to further storage cupboard
From the Landing door to

Bedroom
With window to the rear elevation, radiator and walk in storage area.

From the Landing door to

Shower Room
Low level flush W.C, pedestal wash hand basin, corner framed shower cubicle, space and provision for automatic washing machine and wall mounted gas boiler.

From the Landing stairs rising to the second floor landing

With door to

Bedroom
With window to the rear elevation and radiator.

From the landing door to

Bedroom
With two windows to the front elevation, two radiators and walk in storage room/dressing room.

To the rear flat with accommodation comprising

Door into Entrance Hallway further door into

Bedroom
Central heating radiator, window.

From the Entrance Hallway

Kitchen Lounge/Dining Area
With built in units, complementary stainless steel sink and drainer unit, space for washing machine, wall mounted gas boiler, radiator, window and door to

Shower Room
With corner frame style cubicle, wash hand basin with tiled splash and door to

W.C
High level flush W.C. window.

From the Entrance area stairs to first floor

Bedroom
Radiator and three windows.

Externally
To the rear of the property is a lean-to timber store building, beyond which is parking area leading to service road.

MATERIAL INFORMATION

Tenure:
The property is freehold. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack.

Council Tax:
The property falls within West Lindsey District Council – BAND A

Possession:
Vacant possession will be given upon completion.

Viewing:
Strictly by appointment with Auction House.

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.

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.

Council Tax Band

A

EPC Rating

D

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 | £140,000 - £160,000
  • 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.