*ONLINE Unconditional Auction Opening 29 October 2024*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire
Description
Situation:
A range of mixed use buildings comprising 84, 86, 88 and 90 Church Street and 69 and 71 North Street, in the heart of Gainsborough, a traditional Lincolnshire market town and have frontage to both Church Street and North Street. The town centre is a short distance away and is currently undergoing huge regeneration and significant investment, and the site is surrounded by both residential and commercial entities, giving huge potential to this site. Overlooking a beautiful church to the West, and offering excellent access to surrounding amenities including the Marshalls Yard retail and leisure complex, this is a unique and rare opportunity for investors and developers alike. The surrounding towns of Retford and Scunthorpe, along with cities of Lincoln and Doncaster are within easy reach.
Description:
A wonderful opportunity to acquire this large parcel of property, currently split on 2 titles, but offering multiple properties and significant redevelopment opportunity to the purchaser. The properties span several floors over several units, with potentially 4 or 5 separate commercial units, and first/second floor residential potential, along with a number of commercial storage units to the rear. Subject to the necessary planning consents, this site could be converted or redeveloped to provide a significant number of residential and commercial properties, providing huge potential income or uplift in value.
88 Church Street, Gainsborough
Room: 1.52m x 2.79m (13’4 x 9’2)
Opening to rear
Doorway to:
Rear room and L Shaped Kitchen area: 6.50m x 4.83m (21’4 x 15’10)
Further kitchen area to the rear of 90 Church Street: 6.50m x 4.83m (10’2 x 7’3)
Primary Ground Floor Room: 3.10m x 2.21m (16’10 x 10’6)
With frontage to 90 Church Street:
Enclosed Courtyard to the rear of both properties.
From the Primary Ground Floor Room in 90 Church Street, stairs rising to first floor:
Room: 5.18m x 3.91m (17’0 x 12’10) maximum
Windows to the front elevation and rear elevation. Doorway leading to:
Room: 3.30m x 5.11m (10’10 x 16’9)
Continuation of staircase to second floor with
Room: 5.13m x 3.53m (16’10 x 11’7) maximum
Further room: (currently no access) with boarded doorway.
Tenant currently in occupation.
Adjacent units – Horsleys Bed Showroom, Church Street Gainsborough
Door into double fronted Primary Retail Area: 12.27m x 5.08m (40’ 3 x 16’8)
With continuation into secondary retail area: 19.51m x 5.26m (64’ x 17’3)
With further rear area: 10.62m (34’10)
Doors to the central entrance stairway and double doors opening to a yard with brick built storage room access to North Street.
Stairs rising to first floor
Large storage area: 10.77m x 16.08m (35’4 x 52’9) opening to
Room: 5.46m x 3.51m (17’11 x 11’6)
Room: 6.32m x 5.36m (20’9 x 17’7) approx
Further doorway to
Room: 4.04m x 5.05m (13’3 x 16’7)
Room: 7.70m x 5.56m (25’3 x 18’3)
Room: 4.65m x 2.49m (15’3 x 8’2)
With rear access staircase to North Street
Room: 3.35m x 3.78m (11’0 x 12’5)
Room: 5.08m x 4.27m (16’8 x 14’0) max
Room: 4.22m x 3.78m (13’10 x 12’5)
Staircase with half landing:
Ladies and Gents toilets. Stairway to full landing with door to:
Room: 3.35m x 3.84m (11’0 x 12’7)
Room: 4.22m x 5.18m (13’10 x 17’0)
Room: 3.78m x 4.19m (12’5 x 13’9)
Room: 4.01m x 4.11m (13’2 x 13’6) approx
84 Church Street, Gainsborough
Retail area: 3.68m x 3.89m (12’1 x 12’9)
Windows to the front elevation and door to inner lobby with storage, further doorway to
Room: 3.84m x 4.09m (12’7 x 13’5)
Windows to both side elevations, door to
Storage Room: 2.59m x 1.91m (8’6 x 6’3)
Rear Entrance Lobby/Storage area: 1.68m x 2.08m (6’11 x 7’1)
uPVC double glazed windows to the rear elevation, access door to the communal yard to the rear.
Kitchenette/toilet facilities: 1.68m x 2.08m (5’6 x 6’10)
With window to the rear elevation, tiled floor, kitchenette area and low level flush w.c., pedestal wash hand basin.
North Street, Gainsborough: A number of storage units and premises with frontage to North Street, along with access from the courtyards to the rear of Church Street providing further opportunity.
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 Council.
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.
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 £2,400 inc VAT payable on the fall of the virtual gavel.
Administration Charge
Non-refundable £2,400 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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