*ONLINE Unconditional Auction Opening 27 October 2025*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire
Description
Situation:
The site and properties are located on a secluded and raised plot off Spital Hill, Gainsborough, a popular and sought after area of this traditional Lincolnshire market town. The town centre is a short distance away, with its many facilities and amenities having undergone extensive redevelopment works over the last 2 years, along with Marshalls Yard Retails and Leisure Complex, and Savoy Cinema complex. Gainsborough itself is well positioned for access to Scunthorpe, Retford and the Cities of Lincoln and Doncaster.
Description:
A wonderful, and unique opportunity to acquire this significant site of approximately 0.52 acres (0.21 hectares), currently occupied by a detached bungalow, range of outbuildings and a beautiful historic Mill. The site benefits from a positive Pre App with WLDC, by Donald Insall Associates, a firm of conservation architects and heritage consultants, for the demolition of the bungalow and re-erection of 2 detached dwellings, one to incorporate the current Mill itself. This opportunity poses a rare and exciting opportunity to create 2 excellent, bespoke dwellings (subject to formal planning applications being granted) with a potential GDV of approximately £1.5 million.
Material Information
Tenure:
The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.
Council Tax:
The property falls within West Lindsey 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. Information relating to Phone & Broadband can be found by visiting Ofcom. 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 £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.
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- Unconditional (Immediate Exchange)
Call the team on 01427 616436 for more information
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
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