Auction House / Online

  • For Sale By Unconditional Online Auction
  • Guide Price* : £250,000
  • Auction Ended 09/08/2022
  • Lot 11

The Friendship Hotel Church Street, Gainsborough, Lincolnshire, DN21 2JR

UNIQUE DEVELOPMENT OPPORTUNITY - ideal for the Investor or Developer! FOR SALE BY UNCONDITIONAL ONLINE AUCTION! (IMMEDIATE EXCHANGE)
This property will be offered for sale by auction opening on 8th August with a *guide price of circa £250,000 (plus fees).

Description

Situation:
The site is situate on Church Street, Gainsborough, offering convenient and well placed access to the town centre, and Marshalls Yard retail/leisure complex, along with views over the neighbouring All Saints Parish Church. Gainsborough offers a wealth of facilities and amenities, along with excellent transport links to the surrounding towns of Retford, Bawtry, Scunthorpe and the Cities of Lincoln and Doncaster.

Description:
A rare opportunity to purchase a unique and prominent property and site, with exquisite frontage and significant local standing and history, in the heart of this traditional Lincolnshire market town. The site as a whole offers a wealth of development potential (subject to planning), and will be of interest to investors and developers alike.
Plans were passed for the development (and associated conditions) on the site for 13 units, with works having commenced some years back, however, further planning applications may yield additional scope to the site. The auctioneer recommends independent consultation with the local planning authorities.

Tenure: Freehold

Tenure

Freehold

Lot Type

Residential Development

EPC Rating

N/A

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

£1800 inc VAT payable on exchange of contracts.

Administration Charge

£1800 inc VAT payable on exchange of contracts.

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* Guide | £250,000
  • Tenure: Freehold
  • Unconditional (Immediate Exchange)

Call the team on 0345 873 1366 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.