FOR SALE BY UNCONDITIONAL ONLINE AUCTION! (IMMEDIATE EXCHANGE)
This property will be offered for sale by auction closing 30th April 2024 with a *guide price of £70,000 - £90,000 (plus fees). To register to bid: auctionhouse.co.uk/lincolnshire
Description
Situation:
The property occupies a prominent position within the heart of the Lincolnshire market town of Gainsborough. This prominent thoroughfare to the primary retail area of Gainsborough’s 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 four floors.
The front retail shop is ready to let and the rest of the building is in need of improvement works yet retains many fantastic and original features and would work for a variety of different uses subject to the necessary consents.
The adjacent property (formerly a fast food take away) recently sold for £95,000 and 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
Retail Unit:
Window and access to the frontage of Lord Street Gainsborough. To the rear of the property is a further access to the building with door rear entrance lobby.
Shower Room:
Low level flush W.C., sink and drainer unit
Room: 3.15m x 4.95m (10’4 x 16’3) maximum
Stairs rising to first floor landing
Room: 3.96m x 4.32m (13’0 x 14’2)
Window to the front elevation.
Room: 3.02m x 4.29m (9’11 x 14’1) maximum
Window to the rear elevation
Room: 3.56m x 2.24m (11’8 x 7’4) average
From the first floor landing stairs rising to the second floor landing
Room: 3.99m x 4.27m (13’1 x 14’0)
Window to the front elevation
Room: 3.25m x 4.32m (10’8 x 14’2) maximum
Window to the rear elevation plus recess.
Stairs to the third floor landing which opens to
Landing/Room: 4.93m x 3.61m (16’2 x 11’10) maximum
Room: 4.29m x 3.78m (14’1 x 12’5) maximum
Window to the front elevation and window to the rear elevation.
Externally:
To the rear of the property is an enclosed courtyard area with brick built outbuildings.
Material Information
Tenure:
The property is believed to be freehold. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack.
Council Tax:
We have been advised that the property falls within West Lindsey District Council.
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.
EPC Rating
C
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 £1,200 inc VAT payable on the fall of the virtual gavel.
Administration Charge
Non-refundable £1,200 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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- Unconditional (Immediate Exchange)
Call the team on 01427 616436 for more information
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