Important Notice - Coronavirus (COVID-19)
  • For Sale By Unconditional Online Auction
  • Guide Price* : £140,000 - £160,000
  • Auction Ended 22/02/2022

85 Church Street, Gainsborough, Lincolnshire, DN21 2JX

FOR SALE BY UNCONDITIONAL ONLINE AUCTION! (IMMEDIATE EXCHANGE)
This property will be offered for sale by auction opening 21st February 2022 with a *guide price of £140,000 - £160,000 (plus fees).


Description


A semi detached freehold property with a ground floor shop currently in use as a hair salon and first floor self-contained three bedroom flat with potential to be divided into two flats subject to relevant planning permission being obtained. The unit also benefits from a lock up garage.

An ideal investment opportunity with the potential to achieve approximately £650pcm for the retail unit in addition to the existing Assured Shorthold Tenancy agreement for the first floor flat currently achieving £450pcm.


Commerical Unit - 85 Church Street

uPVC double glazed Entrance door into:

Salon: 5.72m x 5.20m
Having uPVC double glazed windows to the front and side elevation. Electric heaters, strip lighting and double sink units. Door giving access to storage cupboard. Door giving access to:

Treatment Room: 3.21m x 1.84m
Wall mounted Aqualine system, hand basin mounted on vanity unit and electric heater. Door giving access to:

Kitchenette: 3.34m x 2.13m
uPVC double glazed window to the side elevation, fitted base unit with complementary work surface, inset stainless steel sink and drainer, Aquaris water heater, provision for automatic washing machine, space for dryer, strip lighting, electric heater. Door giving access to:

W.C.: 1.53m x 0.67m
Suite comprising w.c., hand basin and tiled splash backs.

Wooden Entrance door from Kitchen into;

Lean To/Porch: 3.38m x 2.06m
uPVC double glazed window to the side elevation and uPVC Entrance door giving access out to the side.


Flat 85a - Church Street

Wooden Entrance door into:

Kitchen: 3.07m x 3.09m (with recess into doorway)
uPVC double glazed window to the side elevation, fitted base, drawer and wall units with complementary work surfaces, inset stainless steel sink, integrated electric oven, four ring gas hob with extractor over, provision for automatic washing machine, space for fridge freezer and double radiator. Doorway into:

Inner Corridor: With stairs rising to the first floor landing:

Lounge: 5.25m x 3.77m
uPVC double glazed window to the front elevation, fire place with inset gas fire, double radiator.

Door from Landing into:

Bedroom: 3.50m x 2.83m
uPVC double glazed window to the rear elevation and single radiator.

Bedroom: 3.31m x 2.18m
uPVC double glazed window to the side elevation and single radiator.

Bathroom: 3.05m x 2.82m
uPVc double glazed window to the side elevation, three piece bathroom suite comprising w.c., pedestal wash hand basin, panel sided bath with electric shower over, tiled splash backs, double radiator and fitted storage cupboards.

First Floor Landing with stairs to:

Attic Bedroom: 5.24m x 4.30m
Velux window and recessed storage into eaves space.

Externally:
There is a gated and walled low maintenance yard, brick built storage and single Garage with roller door.

Please Note: Stock may be available by separate negotiation.


General Remarks

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

Possession
Subject to existing tenancy agreement.

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 & 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.

Additional Fees
Buyer's Premium: £1,200.00
Administration Charge: £1,200.00
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

Tenure

Freehold

EPC Rating

Residential EPC Rating: E
Commercial EPC Rating: E

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

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* Guide | £140,000 - £160,000
  • Tenure: Freehold
  • 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.