Retail property (high street) for sale

Sold via Secure Sale online bidding. Terms & Conditions apply. 

 

STARTING BID £125,000.00 

 

Louise Oliver Properties welcomes to the sales market by auction this end of terrace retail unit Grade 2 listed building with two storey ancillary accommodation over, and large private car park to the rear. Situated within the heart of Gainsborough’s business district, the property comprises a detached retail unit with two storey ancillary accommodation over. Located to a prominent position, on Church Street, Gainsborough, Lincolnshire. The property boasts a prominent position within walking distance of Gainsborough’s innovative Marshalls Yard, which includes national retail outlets; Next M&S Food, Fat Face, Holland & Barret, Costa, and Prezzo.

The premises offer accessibility to both the main entrance on Church Street, and main throughfare of North Street. IT is directly opposite a primary school and this could attract passing trade for the commercial aspect of the building. A private car park is located to the rear of the premises with available off-road parking for multiple vehicles. Planning subject to approval could also be applied for for the car park to create a new dwelling. The retail unit boasts an approximate 1350 sq. ft. with main shop unit, two large store areas, an office, and staff cloakroom. The ancillary accommodation boasts private entry via Church Street, with double bedroom, lounge, kitchen, WC, and storage to the first floor, and the second floor comprising, bedroom, bathroom, and storeroom.

 

Auctioneers Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
Full clarification is available upon request or by notification within the legal pack.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. VIEWING THE PROPERTY PRIOR TO BIDDING IS ADVISED.

Bids can be made via The Auctioneers or the Marketing Agents website.

 

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

 

Auctioneers Additional Comments

To secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

 

Features

• Oven/Hob

Property additional info

SHOP : 10.39M X 5.11M (34'1" X 16'9") max
The main shop comprises carpet flooring, full double glazed shop front window, single wood composite main entrance door opening to Church Street, security roller shutters to front aspect LED lights to ceiling, and opening to rear store rooms and emergency exit.

STORE ROOM : 6.09M X 4.21M (20' X 13'10") max
Rear store comprises lights to ceiling, carpet floor, and exposed brick walls.

STORE ROOM : 3.59M X 4.67M (11'9" X 15'4") max
Rear store comprises lights to ceiling, carpet floor, and exposed brick walls. Exiting to staff cloakroom, office, and emergency exit.

OFFICE : 2.39M X 2.53M (7'10" X 8'4") max
Rear office comprises carpet floor and lights to ceiling.

STAFF WC: 2.46M X 0.67M (8'1" X 2'2") max
Single staff cloakroom offering wall hung hand basin, low flush cistern, and lights to ceiling.

LOUNGE (FLAT): 4.42M X 4.91M (14'6" X 16'1") max
Lounge comprises carpet flooring, front aspect bay double glazed window, walk in storage, and lights to ceiling.

BEDROOM ONE (FIRST FLOOR): 3.97M X 4.47M (13' X 14'8") max
Double bedroom comprising, rear aspect window, carpet floor, storage, and lights to ceiling.

WC (FIRST FLOOR) :
Single cloakroom comprises traditional push flush cistern, pedestal hand basin, side aspect window, and lights to ceiling.

KITCHEN (FIRST FLOOR): 5.34M X 4.14M (17'6" X 13'7") max
Kitchen with space for dining comprises a range of wood fronted wall and base units, breakfast bar, stainless steel sink and drainer, built in oven and grill, plentiful plumbing for under counter white goods, tiled flooring and walls, side aspect double glazed window, and lights to ceiling.

BEDROOM TWO (SECOND FLOOR): 4.42M X 2.83M (14'6" X 9'3") max
Double bedroom or additional storage comprising of carpet flooring, front aspect window, and lighting to ceiling.

LOFT ROOM (SECOND FLOOR): 1.88M X 3.81M (6'2" X 12'6")
Spacious loft / storage room comprising of carpet flooring, and light to ceiling.

BATHROOM (SECOND FLOOR): 3.40M X 3.00M (11'2" X 9'10") max
Large bathroom suite comprising of vinyl flooring, corner shower cubicle, low flush cistern, panel bath, pedestal hand basin, front aspect window, and light to ceiling.

LOCATION:
Gainsborough is a historic Market Town of Lincolnshire, with a population of over 20,000 people and a residential catchment area of over 20km of just over 133,000. Situated 15 miles northwest of Lincoln, and a similar distance southeast of Doncaster and south of Scunthorpe. The property occupies a prominent position on Church Street, with accessibility via both Church Street, and North Street, close to a good range of national and regional retailers, including a short walk from Marshall’s yard innovative shopping centre. The Town has seen significant investment in recent years, particularly with the development of Marshalls Yard, a £40m mixed use regeneration project, which provides a popular and thriving retail scheme, attracting shoppers from a wide catchment into the town centre. Occupiers within this scheme includes Next, M&S Food, Fat Face, Holland & Barrett, The Range, Costa Coffee and Prezzo.

Disclaimer :
Louise Oliver Properties Limited themselves and for the vendors or lessors of this property whose agents they are, give notice that the particulars are set out as a general outline only for the guidance of intending purchasers or lessors, and do not constitute part of an offer or contract; all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or presentations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. Room sizes are given on a gross basis, excluding chimney breasts, pillars, cupboards, etc. and should not be relied upon for carpets and furnishings. We have not carried out a detailed survey and/or tested services, appliances, and specific fittings. No person in the employment of Louise Oliver Properties Limited has any authority to make or give any representation of warranty whatever in relation to this property and it is suggested that prospective purchasers walk the land and boundaries of the property, prior to exchange of contracts, to satisfy themselves as to the exact area of land they are purchasing.

Auctioneers comments:
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. Full clarification is available upon request or by notification within the legal pack. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. VIEWING THE PROPERTY PRIOR TO BIDDING IS ADVISED. Bids can be made via The Auctioneers or the Marketing Agents website. Auctioneers Additional Comments Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.